Highest-materiality recent filing
Community West Bancshares files pro forma financials for USB merger; combined assets $4.98B
Pro forma 2025 net income $54.9M, EPS $2.04 basic; combined assets $4.98B, loans $3.41B, deposits $4.18B.
Shareholders voted 19,578,840 shares (72.23% of outstanding) at May 27, 2026 annual meeting.
Community West Bancshares presenting at D.A. Davidson conference; no material news disclosed
Execs meet investors at D.A. Davidson Financial Institutions Conference May 4-6, 2026 in Nashville.
Community West Bancshares Q1 net income rises to $11.5M ($0.60 EPS), completes USB merger
Net income $11.49M ($0.60 diluted EPS) vs $8.29M ($0.44) in Q1 2025 and $11.17M ($0.58) in Q4 2025.
CWBC completes $185.5M all-stock merger with UBFO; combined assets ~$5B
USB shareholders receive 0.4520 CWBC shares per share; deal valued at ~$185.5M ($10.53/USB share).
Two shareholder lawsuits filed challenging CWBC-UBFO merger; supplemental disclosures issued
Two lawsuits filed Mar 4-5, 2026 in NY Supreme Court; demand letters allege disclosure deficiencies in merger proxy.
Community West Bancshares receives regulatory approvals for merger with United Security Bancshares
Regulatory approvals received from FDIC, CA DFPI, and waiver from FRB San Francisco.
Community West Bancshares COO Blaine Lauhon to retire effective Dec 31, 2026
Blaine C. Lauhon, EVP and COO of Community West Bank, notified of retirement effective December 31, 2026.
Community West Bancshares announces retirement of two directors effective March 31, 2026
William S. Smittcamp retires after 39 years on the board; served on Compensation, Nominating/Governance, and Retirement Committees.
Community West Bancshares to present at Janney 2026 CEO Forum on Feb 4-5
Management to participate in Janney 2026 CEO Forum on Feb 4-5, 2026.
Suzanne M. Chadwick to retire from the Board effective March 31, 2026; she joined April 2024 after the transformative merger.
Community West Q4 net income $11.2M ($0.58 EPS); merger with USB announced, dividend declared
Net income $11.17M ($0.58 diluted EPS) vs $6.90M ($0.36) in Q4 2024, up 62% YoY.
Founding board member Daniel Cunningham to retire May 20, 2026; named Director Emeritus
Cunningham retires after 46 years of service, effective at term end on May 20, 2026.
Community West Bancshares to add two United Security directors to board; Gill as Vice Chairman
Jagroop 'Jay' Gill and Dora Westerlund will join CWBC's board upon merger consummation.
Community West Bancshares to acquire United Security Bancshares in all-stock deal valued at $191.9M
Exchange ratio: 0.4520 CWBC shares per UBFO share; implied price ~$10.88/share based on CWBC close of $24.06 on Dec 16, 2025.
Community West Bancshares to present at KBW Virtual West Coast Bank Field Trip on Nov 17
Management will participate in KBW Virtual West Coast Bank Field Trip on November 17, 2025.
Community West Bancshares President Martin Plourd announces retirement; CEO Kim to become President
Martin E. Plourd to retire as President effective March 31, 2026; will continue as director of Company and Bank.
Community West Q3 net income triples YoY to $10.9M; EPS $0.57; NIM expands to 4.20%
Net income $10.87M ($0.57 diluted EPS) vs $3.39M ($0.18) in Q3 2024 and $7.83M ($0.41) in Q2 2025.
Community West Bancshares to present at Raymond James conferences Sept 3-4, 2025
Management to meet investors at Raymond James U.S. Bank and Banking on Technology Conferences in Chicago.
Community West Bancshares presents at KBW Community Bank Investor Conference July 29-30
CEO James J. Kim, President Martin E. Plourd, and CFO Shannon R. Livingston present at KBW Conference in New York.
Net income $7.832M ($0.41 diluted EPS) for quarter ended June 30, 2025, compared to net loss of $6.29M a year ago.
Community West Bancshares appoints Baker Tilly as auditor after Moss Adams merger
Moss Adams merged with Baker Tilly US, LLP effective June 3, 2025; Moss Adams resigned as auditor.
Community West shareholders elect directors, approve incentive plan and auditor at annual meeting
All 15 director nominees elected; votes for ranged from 12M to 13.2M shares.
CEO James J. Kim and CFO Shannon R. Livingston meet with investors in Scottsdale, AZ.
Community West Bancshares Q1 net income $8.3M, EPS $0.44; up 125% YoY
Net income of $8.3M ($0.44 diluted EPS) vs $3.7M ($0.31) in Q1 2024 and $6.9M ($0.36) in Q4 2024.
Community West Bancshares holds non-deal investor roadshow with Raymond James
Management participated in Raymond James roadshow in New York and Boston on April 8-9, 2025.
Community West Bank appoints Hinson M. Thomas as EVP, Chief Credit Officer
Effective March 17, 2025, Hinson M. Thomas named EVP and CCO of Community West Bank, a CWBC subsidiary.
Community West Bancshares to present at Piper Sandler Western Bank Forum; no material new info
CEO James Kim, President Martin Plourd, and Chief Banking Officer Jeff Martin to attend March 10-11, 2025 conference.
Community West Bancshares announces CCO Patrick Luis departure and severance terms
Patrick Luis resigned as Chief Credit Officer effective Feb 28, 2025; no disagreement with the company.
Community West Bancshares corrects CEO James Kim's change-in-control severance to 24 months
Amendment corrects severance multiplier in CEO James Kim's employment agreement from 18 to 24 months of average monthly cash compensation.
Community West Bancshares enters employment agreements with six officers and reports resignation
On Jan 30, 2025, entered employment agreements with six executives including CEO James Kim ($625K salary, 60% bonus) and CFO Shannon Livingston ($350K, 50%).
Community West Bancshares presents at Janney CEO Forum; no material new disclosures.
Management to participate in Janney 2025 CEO Forum on January 29-30, 2025.
Net income $6.9M ($0.36 diluted EPS) in Q4 2024 vs $5.9M ($0.50) in Q4 2023; EPS decline due to share count increase from merger.
Community West Bancshares to present at KBW Virtual West Coast Bank Field Trip on Nov 21, 2024
CEO James Kim, CFO Shannon Livingston, and CBO Jeff Martin will participate in the conference.
Community West Q3 net income $3.4M, EPS $0.18 vs $6.4M, $0.54 YoY; declares $0.12 dividend
Net income $3.385M, diluted EPS $0.18 for Q3 2024, down from $6.390M, $0.54 in Q3 2023.
CEO James J. Kim and CFO Shannon Livingston to meet investors at Raymond James conference in Chicago on Sept 4-5.
Community West Bancshares to present at KBW Community Bank Investor Conference July 29-31
CEO James J. Kim and CFO Shannon R. Livingston attending KBW conference in New York.
Community West Bancshares reports Q2 net loss of $6.3M; diluted loss $0.33 per share
Net loss of $6,290,000 vs net income of $6,282,000 in Q2 2023; diluted loss $0.33 per share.
Community West Bancshares declares $0.12 quarterly dividend payable Aug 16
Quarterly cash dividend of $0.12 per share declared on July 17, 2024.
CWBC completes merger with Community West; pro forma assets $3.53B
Merger closed April 1, 2024; Central Valley issued 7.04M shares at $19.89 for $140M consideration plus options.
Community West Bancshares discloses elected directors following 2024 annual meeting
All 15 director nominees were elected; vote tallies ranged from 11.38M (Smittcamp) to 12.19M (Lokey) votes for.
Community West Bancshares shareholders elect all 15 director nominees, ratify auditor
All 15 director nominees received majority votes for election, with votes for ranging from 11.38M to 12.19M.
Community West Bancshares presents at DA Davidson conference; no material new information
Management attending DA Davidson Financial Institutions Conference May 8-10, 2024 in Colorado Springs.
Community West Bancshares Q1 net income falls 47% YoY to $3.68M; declares $0.12 dividend
Net income $3.676M ($0.31 diluted EPS) vs $6.970M ($0.59) a year earlier; net interest margin slipped to 3.42% from 3.86%.
Central Valley completes Community West merger, becomes Community West Bancshares with ~$3.5B assets
Community West shareholders receive 0.79 shares of Central Valley stock per share; total consideration ~$143M based on $19.89 stock price.
President & CEO James J. Kim, CFO Shannon R. Livingston, and market executive Jeff M. Martin attending.
Central Valley and Community West shareholders approve merger; close expected April 1, 2024
Central Valley vote: 8,696,800 for, 2,502 against (99.97% approval); Community West also approved.
Central Valley supplements proxy; merger expected to be accretive to EPS by 26.3%-42.5% in 2024-2027
Janney to receive $1.2M fee (1.25% of $99.4M deal); $1.0M contingent on close.
CVCY management presents at Janney CEO Forum; merger with Community West pending
Management meets investors Jan 31-Feb 1 at Janney CEO Forum in Scottsdale, AZ.
Central Valley Q4 net income down 23% to $5.9M ($0.50 EPS); merger on track for April 1
Net income $5.9M ($0.50 diluted EPS) vs $7.6M ($0.65) in Q4 2022; full year $25.5M ($2.17) vs $26.6M ($2.27).
On March 17, 2025, Community West Bank (“Bank”), a wholly-owned subsidiary of Community West Bancshares (“Company”), appointed Hinson M. Thomas as Executive Vice President and Chief Credit Officer (“CCO”) of the Ba nk.
Patrick A. Luis, Chief Credit Officer of Community West Bank (the "Bank"), notified the Bank of his decision to resign from his position with the Bank, effective February 28, 2025.
Patrick A. Luis, Chief Credit Officer of Community West Bank (the “Bank”), notified the Bank of his decision to resign from his position with the Bank, effective February 28, 2025.
Robert H. Bartlein, Suzanne M. Chadwick, Tom L. Dobyns, James W. Lokey, Martin E. Plourd and Kirk B. Stovesand (“New Directors”), would be appointed to serve on the boards of directors of Central Valley and CVCB.
William F. Filippin, the former President of CWB, will assume the position of Executive Vice President, Regional Executive.
Robert H. Bartlein, Suzanne M. Chadwick, Tom L. Dobyns, James W. Lokey, Martin E. Plourd and Kirk B. Stovesand (“New Directors”), would be appointed to serve on the boards of directors of Central Valley and CVCB.
The following current directors (with their respective committee assignments indicated) of Central Valley and CVCB have retired from the board of directors effective on the consummation of the Mergers: Lou McMurray (Compensation Committee and Strategic Planning Committee), Gary D. Gall (Audit and Compliance Committee and Strategic Planning Committee) and Karen Musson (Nominating Committee, Compensation Committee and Strategic Planning Committee).
Robert H. Bartlein, Suzanne M. Chadwick, Tom L. Dobyns, James W. Lokey, Martin E. Plourd and Kirk B. Stovesand (“New Directors”), would be appointed to serve on the boards of directors of Central Valley and CVCB.
Lou McMurray has been elected to serve as Director Emeritus to the Central Valley and CVCB board of directors effective on the consummation of the Mergers.
The following current directors (with their respective committee assignments indicated) of Central Valley and CVCB have retired from the board of directors effective on the consummation of the Mergers: Lou McMurray (Compensation Committee and Strategic Planning Committee), Gary D. Gall (Audit and Compliance Committee and Strategic Planning Committee) and Karen Musson (Nominating Committee, Compensation Committee and Strategic Planning Committee).
Robert H. Bartlein, Suzanne M. Chadwick, Tom L. Dobyns, James W. Lokey, Martin E. Plourd and Kirk B. Stovesand (“New Directors”), would be appointed to serve on the boards of directors of Central Valley and CVCB.
Timothy J. Stronks, the former the Executive Vice President and Chief Operating Officer of Community West, will assume the position of Executive Vice President, Chief Risk Officer of the combined bank.
Max materiality 0.85 · Median 0.47 · Most common event other