secwatch / observer

Community West Bancshares — fact timeline

Source-grounded facts extracted from Community West Bancshares's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CWBC Community West Bancshares JSON
Shareholder Votes

Community West Bancshares shareholders approved Adoption of a non-binding advisory resolution approving executive compensation. at the 2026-05-27 meeting.

“The adoption of a non-binding advisory resolution approving executive compensation. The resolution was ratified by the following votes: For Against Abstain Broker Non-Votes 15,269,021 876,079 60,855 3,372,885”
Shareholder Votes

Community West Bancshares shareholders approved Ratification of the appointment of Baker Tilly LLP for the 2026 fiscal year as the Company's independent registered public accounting firm. at the 2026-05-27 meeting.

“The ratification of the appointment of Baker Tilly LLP for the 2026 fiscal year as the Company's independent registered public accounting firm. The appointment was ratified by the following votes: For Against Abstain 19,556,109 12,393 10,338”
Shareholder Votes

Community West Bancshares shareholders approved Election of directors to serve until the 2026 Annual Meeting of Shareholders and until their successors are elected and qualified. at the 2026-05-27 meeting.

“Elected directors of the Company to serve until the 2026 Annual Meeting of Shareholders and until their successors are elected and qualified.”
Earnings Releases

Community West Bancshares reported the three months ended March 31, 2026 results: net income $11,489,000, EPS $0.60 per diluted common share.

“of Directors of Community West Bancshares (“Company”) (NASDAQ: CWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $11,489,000, and diluted earnings per share of $0.60 for the three months ended March 31, 2026, compared to net income of $8,293,000 and $0.44 per diluted common share for the three months”
M&A Transactions

Community West Bancshares completed an acquisition involving United Security Bancshares for approximately $185.5 million, or $10.53 per United Security Bancshares common share (closed 2026-04-01).

“common stock. Based on the closing price of Community West Bancshares common stock of $23.30 per share on March 31, 2026, the value of the merger consideration was approximately $185.5 million, or $10.53 per United Security Bancshares common share. The merger combines two relationship-focused community banks with a shared commitment to serving Central California’s”
Material Agreements

Community West Bancshares entered into Agreement and Plan of Merger with United Security Bancshares valued at approximately $191.9 million (effective 2025-12-16).

“On December 16, 2025, Community West Bancshares, a California corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with United Security Bancshares, a California corporation (the “Target”), pursuant to which the Target will merge with and into the Company, with the Company as the surviving corporation (the “Merger”).”
Auditor Changes

Community West Bancshares engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”
Auditor Changes

Moss Adams LLP resigned as auditor of Community West Bancshares.

“On June 3, 2025, Community West Bancshares, (the "Company") was notified that Moss Adams LLP ("Moss Adams"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025. The combined audit practices operate as Baker Tilly US, LLP (“Baker Tilly”). In connection with the notification of the merger, Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

Hinson M. Thomas was appointed as Executive Vice President and Chief Credit Officer at Community West Bancshares.

“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 resigned as Chief Credit Officer at Community West Bancshares.

“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 resigned as Chief Credit Officer at Community West Bancshares.

“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.”
Earnings Releases

Community West Bancshares reported the quarter ended March 31, 2024 results: net income $3,676,000, EPS $0.31.

“reported today unaudited consolidated net income of $3,676,000, and fully diluted earnings per common share of $0.31 for the three months ended March 31, 2024”
Governance Changes

Community West Bancshares: Amended articles of incorporation to change corporate name to Community West Bancshares (effective 2024-04-01).

“the Central Valley Articles of Incorporation was amended in accordance with California law to reflect the change in Central Valley’s corporate name to “Community West Bancshares””
M&A Transactions

Community West Bancshares underwent a change of control involving Central Valley Community Bancorp for 0.79 of a share of common stock of Central Valley for each share of Community West common stock (closed 2024-04-01).

“Community West Bancshares and Community West Bank, respectively. Pursuant to the Merger Agreement, holders of Community West common stock was converted into the right to receive 0.79 of a share of common stock of Central Valley for each share of Community West common stock held immediately prior to the Effective Time of the Mergers, with cash to be paid in”

William F. Filippin was appointed as Executive Vice President, Regional Executive at Community West Bancshares.

“William F. Filippin, the former President of CWB, will assume the position of Executive Vice President, Regional Executive.”

Timothy J. Stronks was appointed as Executive Vice President, Chief Risk Officer at Community West Bancshares.

“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.”

Martin E. Plourd was appointed as President at Community West Bancshares.

“Martin E. Plourd will assume the position of President of the Central Valley and James J. Kim will continue as Chief Executive Officer”

Lou McMurray was elected as Director Emeritus at Community West Bancshares.

“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.”

Karen Musson retired as Director at Community West Bancshares.

“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).”

Gary D. Gall retired as Director at Community West Bancshares.

“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).”

Lou McMurray retired as Director at Community West Bancshares.

“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).”

Kirk B. Stovesand was appointed as Director at Community West Bancshares.

“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.”

James W. Lokey was appointed as Director at Community West Bancshares.

“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.”

Tom L. Dobyns was appointed as Director at Community West Bancshares.

“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.”

Suzanne M. Chadwick was appointed as Director at Community West Bancshares.

“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.”

Robert H. Bartlein was appointed as Director at Community West Bancshares.

“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.”
Shareholder Votes

Community West Bancshares shareholders approved Grant of Discretionary Authority to Adjourn Meeting at the 2024-02-08 meeting.

“Proposal No. 2. Grant of Discretionary Authority to Adjourn Meeting . To consider and vote upon a proposal to grant discretionary authority to adjourn the Special Meeting if necessary or appropriate in the judgment of our board of directors to solicit additional proxies or votes to approve the principal terms of the Merger Agreement and the transactions contemplated thereby, including the Merger and the Central Valley share issuance. For Against Abstain 8,399,498 282,762 35,027”
Shareholder Votes

Community West Bancshares shareholders approved Approval of Merger Agreement at the 2024-02-08 meeting.

“Proposal No. 1. Approval of Merger Agreement . To approve the principal terms of the Merger Agreement and the transactions contemplated by the Merger Agreement, including the merger of Community West with and into Central Valley, and the issuance of Central Valley common stock to the Community West shareholders in connection with the Merger (the “Central Valley share issuance”), as described in the Joint Proxy Statement/Prospectus. For Against Abstain 8,696,800 2,502 17,985”
Earnings Releases

Community West Bancshares reported the year ended December 31, 2023 results: net income $25,536,000, EPS $2.17.

“Central Valley Community Bancorp issued a press release containing unaudited financial information and accompanying discussion for the quarter and three months ended December 31, 2023”
Earnings Releases

Community West Bancshares reported the quarter ended December 31, 2023 results: net income $5,893,000, EPS $0.50.

“Central Valley Community Bancorp issued a press release containing unaudited financial information and accompanying discussion for the quarter and three months ended December 31, 2023”
Earnings Releases

Community West Bancshares reported the quarter ended September 30, 2023 results: net income $6,390,000, EPS $0.54 per diluted common share.

“Central Valley Community Bancorp issued a press release containing unaudited financial information and accompanying discussion for the quarter and three months ended September 30, 2023.”
Material Agreements

Community West Bancshares entered into Agreement and Plan of Reorganization and Merger with Central Valley Community Bancorp (effective 2023-10-10).

“On October 10, 2023 , Central Valley Community Bancorp, a California corporation (“Central Valley”), entered into an Agreement and Plan of Reorganization and Merger (the “Merger Agreement”) with Community West Bancshares, a California corporation (“Community West”)”
Auditor Changes

Community West Bancshares engaged Moss Adams LLP as its auditor.

“On June 21, 2023, upon the completion of its comprehensive selection process, the Audit Committee appointed Moss Adams LLP (“Moss Adams”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Auditor Changes

Community West Bancshares dismissed Crowe LLP as its auditor.

“On June 21, 2023, upon the completion of its selection process, the Audit Committee of the Board of Directors (the “Audit Committee”), of Central Valley Community Bancorp (the “Company”) dismissed Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm.”
Earnings Releases

Community West Bancshares reported the three months ended March 31, 2023 results: net income $6,970,000, EPS $0.59 per diluted common share.

“The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $6,970,000, and fully diluted earnings per common share of $0.59 for the three months ended March 31, 2023, compared to $6,086,000 and $0.51 per fully diluted common share for the three months ended March 31, 2022.”

Shannon R. Avrett was appointed as Chief Financial Officer at Community West Bancshares.

“agreed to appoint Shannon R. Avrett as Executive Vice President and Chief Financial Officer of the Company and the Ba nk, commencing February 14, 2023.”
Earnings Releases

Community West Bancshares reported the quarter ended December 31, 2022 results: net income $7,633,000, EPS $0.65 per diluted common share.

“For the quarter ended December 31, 2022, the Company reported unaudited consolidated net income of $7,633,000 and earnings per diluted common share of $0.65”
Earnings Releases

Community West Bancshares reported the year ended December 31, 2022 results: net income $26,645,000, EPS fully diluted earnings per common share of $2.27.

“unaudited consolidated net income of $26,645,000, and fully diluted earnings per common share of $2.27 for the year ended December 31, 2022”

Dawn P. Crusinberry was appointed as interim Chief Financial Officer at Community West Bancshares.

“Effective September 30, 2022, Dawn P. Crusinberry was appointed as interim Chief Financial Officer of the Company and the Bank.”

David A. Kinross departed as Executive Vice-President and Chief Financial Officer at Community West Bancshares.

“Effective September 30, 2022, David A. Kinross has stepped down as Executive Vice-President and Chief Financial Officer of the Central Valley Community Bancorp and Central Valley Community Bank (the “Bank”).”

Jeff M. Martin was appointed as Executive Vice President, Market Executive at Community West Bancshares.

“On April 13, 2022, management of Central Valley Community Bancorp (“Company”), the parent company of Central Valley Community Bank (“Bank”) issued a press release announcing the appointment of Jeff M. Martin as the Bank’s Executive Vice President, Market Executive, effective April 18, 2022, to lead the Bank’s Northern region encompassing Greater Sacramento, San Joaquin, Stanislaus and Merced Counties.”

Blaine C. Lauhon changed role as Chief Banking Officer at Community West Bancshares.

“On November 29, 2021, management of Central Valley Community Bancorp (“Company”), the parent company of Central Valley Community Bank (“Bank”) issued a press release announcing the promotion of Blaine C. Lauhon to the Bank’s newly created position of Chief Banking Officer, effective November 29, 2021.”

James M. Ford resigned as Director at Community West Bancshares.

“Mr. Ford has tendered his resignation from the Company’s board of directors effective November 1, 2021 in connection with the CEO transition.”

James M. Ford retired as Chief Executive Officer at Community West Bancshares.

“James M. Ford who previously notified the Board in March 2021 of his intention to retire from the Company and Bank following the transition to new leadership.”

James J. Kim was appointed as Director at Community West Bancshares.

“The Company’s board also agreed to appoint Mr. Kim as a director on the boards of the Company and the Bank effective November 1, 2021.”

James J. Kim was appointed as President and Chief Executive Officer at Community West Bancshares.

“On September 7, 2021, Central Valley Community Bancorp (Company), the parent company of Central Valley Community Bank (Bank) issued a press release announcing the appointment of James J. Kim, age 45, as President and Chief Executive Officer of the Company and the Bank effective November 1, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.