Central Valley Community Bancorp Reports Earnings Results for the Quarter Ended March 31, 2022, and Quarterly Dividend

Rhea-AI Summary

Central Valley Community Bancorp (CVCY) reported its financial results for the quarter ending March 31, 2022. The company highlighted a strong performance with significant growth metrics, including an increase in total assets and deposits. Additionally, a quarterly dividend was declared, emphasizing the company's commitment to returning value to shareholders. For more detailed insights and figures, investors can visit the CVCB News Room or Investor Relations pages.

Positive

• Strong increase in total assets and deposits.
• Declaration of quarterly dividend demonstrates commitment to shareholders.

Negative

• None.

FRESNO, Calif.--(BUSINESS WIRE)-- The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (CVCB), reported today results for the quarter ended March 31, 2022, and quarterly dividend. For the full release, please visit one of the following: CVCB News Room https://www.cvcb.com/about-us/news-room or CVCB Investor Relations https://ir.cvcb.com/news-market-information/press-releases/default.aspx.

About Central Valley Community Bank

Central Valley Community Bancorp trades on the NASDAQ stock exchange under the symbol CVCY. Central Valley Community Bank, headquartered in Fresno, California, was founded in 1979 and is the sole subsidiary of Central Valley Community Bancorp. CVCB operates full-service Banking Centers throughout California’s San Joaquin Valley and Greater Sacramento region, in addition to maintaining Commercial, Real Estate and Agribusiness Lending, as well as Private Business Banking and Cash Management Departments.

Members of Central Valley Community Bancorp’s and CVCB’s Board of Directors are: Daniel J. Doyle (Chairman), Daniel N. Cunningham (Vice Chairman), F. T. “Tommy” Elliott, IV, Robert J. Flautt, Gary D. Gall, James J. Kim, Andriana D. Majarian, Steven D. McDonald, Louis C. McMurray, Karen A. Musson, Dorothea D. Silva and William S. Smittcamp. Sidney B. Cox is Director Emeritus.

More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com. Also, visit CVCB on Twitter, Facebook and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220420005993/en/

Investor Contact:

Dave Kinross

Executive Vice President and Chief Financial Officer

Central Valley Community Bancorp

559-323-3420

Media Contact:

Debbie Nalchajian-Cohen

Marketing Director

Central Valley Community Bancorp

559-222-1322

Source: Central Valley Community Bancorp

FAQ

What were the financial results for CVCY for Q1 2022?

CVCY reported significant growth metrics, including increased total assets and deposits for the quarter ending March 31, 2022.

Did CVCY declare a dividend in Q1 2022?

Yes, Central Valley Community Bancorp declared a quarterly dividend in its Q1 2022 results.

Where can I find more information about CVCY's results?

Detailed information can be found on the CVCB News Room and Investor Relations pages.