Welcome to our dedicated page for Community West Bancshares SEC filings (Ticker: CWBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Community West Bancshares (NASDAQ: CWBC), a Fresno, California-based bank holding company and parent of Community West Bank. As a publicly traded commercial banking organization, Community West Bancshares files a range of regulatory documents, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as referenced in company news releases.
In these filings, investors can review information about the company’s operations as a bank holding company, its full-service banking centers throughout Central California, and its departments supporting Commercial Lending, Agribusiness, SBA lending, Residential Construction and Mortgage, Manufactured Housing, Private Banking and Cash Management. Filings such as Form 10-K and Form 10-Q typically include details on loan portfolios, deposit composition, credit quality, capital levels and other financial and risk-related information relevant to a commercial bank in the finance and insurance sector.
Community West Bancshares also uses Form 8-K to report material events. For example, an 8-K dated December 16, 2025 describes the Agreement and Plan of Merger with United Security Bancshares, under which United Security Bancshares will merge with and into Community West Bancshares and United Security Bank will merge with and into Community West Bank, subject to customary conditions. Other 8-K filings reference participation in investor conferences and leadership changes, such as the planned retirement of the company’s president.
On Stock Titan, SEC filings for CWBC are updated from the EDGAR system and presented with AI-powered summaries designed to highlight key points from lengthy documents. Investors can use this page to quickly locate annual reports (Form 10-K), quarterly reports (Form 10-Q), current reports (Form 8-K) and other submissions, and to review insider and governance-related disclosures where applicable. The AI summaries help explain complex regulatory language and point out significant items that may affect Community West Bancshares’ commercial banking activities and corporate transactions.
Community West Bancshares reported strong first‑quarter 2026 results, with unaudited net income of $11.49 million and diluted EPS of $0.60, up from $8.29 million and $0.44 a year earlier. Profitability improved as net interest margin rose to 4.30%, net interest income grew to $36.0 million, and non‑interest income increased.
Loans and deposits expanded, with gross loans reaching $2.55 billion and total deposits $3.14 billion. Return on average assets was 1.24% and return on average equity 10.99%. The Board declared a quarterly cash dividend of $0.12 per share, payable May 22, 2026. Capital ratios remained strong, including a Tier 1 leverage ratio of 9.94% and total risk‑based capital ratio of 14.24%, though non‑performing assets rose to $22.997 million.
Community West Bancshares has issued its definitive proxy statement for the 2026 Annual Meeting, where shareholders will elect 13 directors, ratify Baker Tilly US, LLP as independent auditor, and vote on a non-binding advisory resolution on executive compensation.
The proxy highlights strong 2025 performance, including net income of $38.2 million and diluted EPS of $2.00, up from $7.7 million and $0.45 in 2024, driven in part by lower merger-related costs. Loans grew $202.4 million (8.77%), total assets rose 5.2%, and deposits reached $3.10 billion, while regulatory capital ratios remained solid. Executive pay mixes higher variable compensation tied to financial metrics, with 2025 NEO bonuses ranging from about 33.7% to 60% of salary and new restricted stock grants to align management with shareholders.
Community West Bancshares director Dora Westerlund acquired 13,908 shares of CWBC common stock. The shares were received on April 1, 2026 when United Security Bancshares merged into Community West Bancshares under a previously signed Agreement and Plan of Merger.
Each outstanding share of United Security Bancshares common stock was converted into the right to receive 0.4520 of a CWBC share, with cash paid instead of any fractional share. Westerlund’s post‑transaction direct holding is 13,908 CWBC shares, reflecting an acquisition through share conversion rather than an open‑market purchase.
Community West Bancshares director Jagroop Gill acquired 583,067 shares of CWBC common stock as part of a merger with United Security Bancshares. On April 1, 2026, each USB share converted into 0.4520 CWBC share, with no purchase price. Gill now directly holds 583,067 CWBC shares.
Community West Bancshares director Kirk Stovesand exercised stock options for 2,370 shares of CWBC common stock. The options were exercised at an exercise price of $14.85 per share, converting derivative securities into common shares.
After the transaction, Stovesand directly holds 82,332 shares of Community West Bancshares common stock. The filing shows an option exercise and share acquisition, with no reported open-market sales or tax-withholding dispositions in this event.
Community West Bancshares director Dora Westerlund has filed a Form 3, serving as an initial insider ownership report for the company. The filing lists no equity or derivative transactions, and the transaction summary shows zero buys, sells, exercises, gifts, or other dispositions.
Community West Bancshares director Jagroop Gill has filed an initial Form 3 indicating insider status with the company. The provided data show no reportable transactions, share holdings, or derivative positions at this time, so the filing serves primarily as a baseline disclosure of directorship.
Community West Bancshares completed its all-stock merger with United Security Bancshares on April 1, 2026, creating a larger Central California community bank. USB merged into Community West, and United Security Bank merged into Community West Bank, which continues as the surviving bank.
USB shareholders received 0.4520 shares of Community West common stock for each USB share. Based on Community West’s March 31, 2026 closing price of $23.30, the deal values USB at approximately $185.5 million, or $10.53 per share. The combined company has approximately $5 billion in total assets and an expanded footprint across 13 counties and 31 communities in Central California.
Community West shareholders approved the merger, with 13,558,443 votes in favor out of 13,617,034 shares represented, meeting quorum. The new board has 14 directors, including two from USB, with James J. Kim as CEO and President, Daniel J. Doyle as Chairman, and Jagroop “Jay” Gill as Vice Chairman.
Community West Bancshares provided an update on its planned merger with United Security Bancshares and issued supplemental disclosures to the joint proxy statement/prospectus. The update notes two New York lawsuits and shareholder demand letters challenging merger disclosures, and explains that additional details are being provided voluntarily to avoid delay and distraction.
The new disclosures add background on USB’s sale process and board views, fuller relative contribution and peer tables, and more detail on valuation work by Janney and Piper Sandler. Illustrative pro forma metrics show USB contributing 29% of combined ownership based on a 0.4520x exchange ratio, CWB’s 2026 estimated earnings at $44.6 million versus USB’s $15.6 million, and modeled CWB EPS accretion of 10.2–19.1% with tangible book value dilution improving from (9.5)% at closing to 2.2% by 2029.