Community West (NASDAQ: CWBC) details growth and $5B asset base after merger
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Community West Bancshares furnished an investor presentation outlining recent performance and balance sheet metrics. As of April 30, 2026, the company reports approximately $5.0 billion in total assets, estimated based on its acquisition of United Security Bancshares effective April 1, 2026.
For 2026 year-to-date, total assets are $3.7 billion, with net income of $11.5 million and diluted EPS of $0.60. Net interest margin is 4.30%, ROAA is 1.24% and ROAE is 10.99%, with a dividend of $0.12 per share. Loan yield is 6.72% against total deposit cost of 1.40%.
As of March 31, 2026, total gross loans are $2.55 billion and total deposits are $3.1 billion, with a deposit mix led by non-interest bearing, money market and NOW/savings balances. Capital ratios remain in double digits, including a Common Equity Tier 1 ratio of 11.84% and a Total Risk Based Capital Ratio of 14.24%.
Positive
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Negative
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Insights
Investor deck updates scale, profitability and post‑merger balance sheet strength.
The presentation shows Community West Bancshares operating at roughly $5.0 billion in assets after acquiring United Security Bancshares on April 1, 2026. Year-to-date, net income of $11.5 million and net interest margin of 4.30% indicate solid core banking profitability.
Return metrics are healthy, with ROAA at 1.24% and ROAE at 10.99%, while loan yields of 6.72% comfortably exceed the 1.40% cost of deposits. Capital ratios, including CET1 at 11.84% and Total Risk Based Capital at 14.24%, provide a sizeable regulatory cushion based on the figures shown.
Credit quality indicators highlight low non-performing assets relative to total assets and manageable criticized and classified levels within the disclosed time series. Future company filings may provide additional detail on integration of the United Security Bancshares acquisition and how combined loan and deposit growth trends evolve across Central California markets.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Estimated total assets: $5.0 billion
Total assets YTD 2026: $3.7 billion
Net income YTD 2026: $11.5 million
+5 more
8 metrics
Estimated total assets
$5.0 billion
As of April 30, 2026, based on United Security Bancshares acquisition
Total assets YTD 2026
$3.7 billion
Financial highlights table, 2026 YTD
Net income YTD 2026
$11.5 million
Financial highlights table, 2026 YTD
Diluted EPS YTD 2026
$0.60
Financial highlights table, 2026 YTD
Net interest margin
4.30%
Financial highlights table, 2026 YTD
ROAA
1.24%
Financial highlights table, 2026 YTD
ROAE
10.99%
Financial highlights table, 2026 YTD
Total deposits
$3.1 billion
Deposits pie chart as of March 31, 2026
Key Terms
Net Interest Margin, ROAA, ROAE, Common Equity Tier 1 Ratio, +2 more
6 terms
Net Interest Margin financial
"3.76%4.15%4.30%Net Interest Margin"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
ROAA financial
"0.24%1.07%1.24%ROAA"
Return on Average Assets (ROAA) measures how efficiently a company turns its assets into profit by dividing net profit over a period by the average total assets it held during that period. It matters to investors because it shows whether a business is getting a good return from what it owns—like judging a car’s fuel efficiency by miles per gallon—helping compare profitability across companies of different sizes.
ROAE financial
"2.42%9.92%10.99%ROAE"
ROAE stands for Return on Average Equity, a profitability ratio that shows how much net income a company generates for its owners relative to the average amount of shareholder equity invested over a period. It’s like measuring the interest rate a business pays its owners on the capital they’ve left in the company, with the ‘average’ smoothing out swings in equity during the year. Investors use ROAE to compare how efficiently different companies turn owner capital into profits and to assess management’s ability to deliver returns over time.
Common Equity Tier 1 Ratio financial
"11.15%11.56%11.84%Common Equity Tier 1 Ratio"
The common equity tier 1 ratio is a measure of a bank's financial strength, showing how much high-quality core capital it has compared to its total risk-weighted assets. Think of it as a safety buffer or cushion that helps ensure the bank can withstand economic shocks. For investors, a higher ratio indicates a stronger, more resilient bank, making it a key indicator of its financial health.
Non-Performing Assets financial
"Non-Performing Assets & Allowance for Loan Losses"
Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.
Special Mention Loans financial
"Special Mention Loans SM Loans/Gross Loans"
Loans placed on “special mention” are credit accounts a bank flags because they show early signs of potential trouble—such as slipping payments, weaker borrower cash flow, or collateral issues—but are not yet officially delinquent. Think of them as a yellow-flagged item on a checklist: they warn investors the lender’s loan book may weaken and could require higher provisions or future write-downs, so tracking their size and trend helps assess credit risk and earnings vulnerability.
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM | ||
| CURRENT REPORT | ||
| Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | ||
Date of Report: May 1, 2026
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| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act o
Item 7.01 Regulation FD Disclosure
On May 4-6, 2026, Executive Management of Community West Bancshares will meet with investors at the D.A. Davidson Financial Institutions Conference in Nashville, Tennessee.
A copy of the information in the investor presentation is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
The information in this Form 8-K filed on May 1, 2026 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Investor Relations Presentation of Community West Bancshares May 2026
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: | May 1, 2026 | COMMUNITY WEST BANCSHARES By: /s/ Shannon R. Livingston Shannon R. Livingston Executive Vice President and Chief Financial Officer | ||||||
Investor Presentation 28th Annual D.A. Davidson Financial Institutions Conference May 4-6, 2026 James J. Kim Community West Bancshares and Bank President & Chief Executive Officer Shannon R. Livingston Community West Bancshares and Bank Executive Vice President, Chief Financial Officer Jeff M. Martin Community West Bank Executive Vice President, Chief Banking Officer Hinson M. Thomas Community West Bank Executive Vice President, Chief Credit Officer
Forward-Looking Statements 2 Certain matters set forth herein (including any exhibits hereto) constitute “forward- looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company’s current business plans and expectations regarding future operating results. Forward-looking statements may include, but are not limited to, the use of forward-looking language, such as “likely result in,” “expects,” “anticipates,” “estimates,” “forecasts,” “projects,” “intends to,” or may include other similar words or phrases, such as “believes,” “plans,” “trend,” “objective,” “continues,” “remains,” or similar expressions, or future or conditional verbs, such as “will,” “would,” “should,” “could,” “may,” “might,” “can,” or similar verbs. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those projected. These risks and uncertainties, some of which are beyond our control, include, but are not limited to: current and future business, economic and market conditions in the United States generally or in the communities we serve, including the effects of declines in property values and overall slowdowns in economic growth should these events occur; economic uncertainty attributable to the imposition of tariffs by the Trump administration; inflationary pressures and changes in the interest rate environment that reduce our margins and yields, the fair value of financial instruments or our level of loan originations, or increase the level of defaults, losses and prepayments on loans we have made and make, whether held in the portfolio or in the secondary market; effects of and changes in trade, monetary and fiscal policies and laws, including the interest rate policies of the Federal Open Market Committee of the Federal Reserve Board; geopolitical and domestic political developments that can increase levels of political and economic unpredictability, contribute to rising energy and commodity prices, and increase the volatility of financial markets; changes in the level of nonperforming assets and charge offs and other credit quality measures, and their impact on the adequacy of our allowance for credit losses and our provision for credit losses; factors that can impact the performance of our loan portfolio, including real estate values and liquidity in our primary market areas, the financial health of our commercial borrowers, and the success of construction projects that we finance; our ability to achieve loan growth and attract deposits in our market area, the impact of the cost of deposits and our ability to retain deposits; liquidity issues, including fluctuations in the fair value and liquidity of the securities we hold for sale and our ability to raise additional capital, if necessary; continued or increasing competition from other financial institutions, credit unions, and non-bank financial services companies, many of which are subject to different regulations than we are; challenges arising from unsuccessful attempts to expand into new geographic markets, products, or services; restraints on the ability of Community West Bank to pay dividends to us, which could limit our liquidity; increased capital requirements imposed by banking regulators, which may require us to raise capital at a time when capital is not available on favorable terms or at all; inaccuracies in our assumptions about future events, which could result in material differences between our financial projections and actual financial performance; changes in our management personnel or our inability to retain, motivate and hire qualified management personnel; disruptions, security breaches, or other adverse events, failures or interruptions in, or attacks on, our information technology systems; Community West Bancshares will undertake no obligation to revise or publicly release any revision or update to the forward looking statements to reflect events or circumstances that occur after the date on which statements were made. (continued) disruptions, security breaches, or other adverse events affecting the third- party vendors who perform several of our critical processing functions; an inability to keep pace with the rate of technological advances due to a lack of resources to invest in new technologies; natural disasters, such as earthquakes, drought, pandemic diseases (such as the coronavirus) or extreme weather events, any of which may affect services we use or affect our customers, employees or third parties with which we conduct business; compliance with governmental and regulatory requirements, relating to banking, consumer protection, securities and tax matters and changes in those requirements made by the Trump administration; and our ability to the manage the foregoing. The foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this report. Because of these risks and other uncertainties, our actual future results, performance or achievement, or industry results, may be materially different from the results indicated by the forward looking statements in this report. In addition, our past results of operations are not necessarily indicative of our future results. You should not rely on any forward looking statements, which represent our beliefs, assumptions and estimates only as of the dates on which they were made, as predictions of future events. Any forward-looking statement speaks only as of the date on which it is made, and we do not undertake any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Further information on other factors that could affect the financial results of the Company are included in Item 1A of the Company’s Annual Report on Form 10-K and in the Company’s other filings with the Securities and Exchange Commission (“SEC”). These documents are available free of charge at the SEC website at http://www.sec.gov.
Mission Inspire and empower our team to enrich and invest in every relationship by exceeding expectations. Values Teamwork Accountability Excellence Integrity Caring Inclusivity 3
5 Executive Officers
7 NASDAQ Symbol CWBC Market Capitalization $644.9 Million Institutional Ownership 49% Insider Ownership 9% Total Assets* ~$5.0 Billion Headquarters Fresno, CA # of Banking Centers 39 Year Established 1980 Strategic Footprint Central California As of April 30, 2026. *Total assets estimated based on acquisition of United Security Bancshares as of April 1, 2026. Overview
8 202420252026 Q1 YTD $3.52 Billion$3.69 Billion$3.7 BillionTotal Assets $7.67 Million$38.17 Million$11.5 MillionNet Income $0.45$2.00$0.60Diluted EPS 3.76%4.15%4.30%Net Interest Margin 0.24%1.07%1.24%ROAA 2.42%9.92%10.99%ROAE $0.48$0.48$0.12Cash Dividends per share 6.58%6.68%6.72%Total Loan Yield 1.53%1.41%1.40%Total Cost of Deposits 0.18%0.19%0.62%NPAs to Total Assets 9.17%9.80%9.94%Leverage Capital Ratio 11.15%11.56%11.84%Common Equity Tier 1 Ratio 11.33%11.73%12.01%Tier 1 Risk Based Capital Ratio 13.58%13.97%14.24%Total Risk Based Capital Ratio Financial Highlights
9 Financial Highlights – First Quarter 2026
Attractive Investment Opportunity Based on stock price as of March 31, 2026 Source: NASDAQ Monthly Closing Price Data 11 10 YR CAGR = 6.95% Dividend Yield – 2.06% 0 5 10 15 20 25 30 3/1/2016 3/1/2017 3/1/2018 3/1/2019 3/1/2020 3/1/2021 3/1/2022 3/1/2023 3/1/2024 3/1/2025 3/1/2026 P ri ce CWBC Stock Price
(7.51) 3.84 7.55 8.97 8.30 11.25 11.03 10.99 (10.00) (5.00) - 5.00 10.00 15.00 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026R O A A P e rc e nt ROAE ROAE (0.73) 0.38 0.78 0.94 0.88 1.21 1.23 1.24 -1 -1 0 1 1 2 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026R O A A P e rc e nt ROAA ROAA Quarterly Performance Merger with Community West as of 4/1/2024 Merger with Community West as of 4/1/2024 Merger with Community West as of 4/1/2024 -6,290 3,385 6,895 8,293 7,832 10,873 11,170 11,489 -8,000 -3,000 2,000 7,000 12,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026T ho us a nd s Net Income Net Income 12
28,401 26,645 25,536 7,666 38,168 11,489 0 10,000 20,000 30,000 40,000 2021 2022 2023 2024 2025 2026 YTD T ho us a nd s Net Income Net Income 1.25 1.09 1.04 0.24 1.07 1.24 - 0.20 0.40 0.60 0.80 1.00 1.20 1.40 2021 2022 2023 2024 2025 2026 YTD R O A A P er ce nt ROAA ROAA 11.50 14.25 13.81 2.42 9.92 10.99 - 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00 2021 2022 2023 2024 2025 2026 YTD R O A A P e rc e nt ROAE ROAE Annual Performance Merger with Community West as of 4/1/2024 13 Merger with Community West as of 4/1/2024 Merger with Community West as of 4/1/2024
29,057 30,214 32,024 32,182 33,304 34,944 35,749 36,003 3.65 3.69 3.95 4.04 4.10 4.20 4.24 4.30 3.00 3.20 3.40 3.60 3.80 4.00 4.20 4.40 4.60 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 T ho us a nd s Net Interest Income and Net Interest Margin Net Interest Income Net Interest Margin Growing Earnings Power - Quarterly Merger with Community West as of 4/1/2024 14
72,554 79,566 82,429 110,367 136,180 36,003 3.54 3.52 3.58 3.76 4.15 4.30 3.00 3.20 3.40 3.60 3.80 4.00 4.20 4.40 4.60 5,000 25,000 45,000 65,000 85,000 105,000 125,000 145,000 2021 2022 2023 2024 2025 2026 YTD T ho us a nd s Net Interest Income and Net Interest Margin Net Interest Income Net Interest Margin Growing Earnings Power - Annual Merger with Community West as of 4/1/2024 15
Loans 17 2,226,858 2,278,313 2,302,768 2,327,832 2,364,456 2,410,272 2,475,184 2,530,812 6.54 6.53 6.61 6.69 6.71 6.65 6.66 6.72 6.20 6.40 6.60 6.80 7.00 2,000,000 2,100,000 2,200,000 2,300,000 2,400,000 2,500,000 2,600,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 T ho us a nd s Quarterly Average Loans and Yield on Loans Average Loans Yield on Loans 1,067,316 1,133,641 1,263,226 1,978,386 2,394,887 2,530,812 5.07 4.93 5.53 6.58 6.68 6.72 0.00 2.00 4.00 6.00 8.00 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 2021 2022 2023 2024 2025 2026 YTD T ho us a nd s Annual Average Loans and Yield on Loans Average Loans Yield on Loans
Loan Composition 18 Commercial & Industrial, 7% Agriculture Production & Land, 7% Owner Occupied Real Estate, 15% Construction & other land loans, 3% Non-Owner Occupied Commerical Real Estate, 38% Multi-family residential, 7% 1-4 family, 6% Manufactured housing, 13% Other consumer, 4% As of March 31, 2026 Excludes Deferred Loan Fees Total Gross Loans = $2.55 Billion
Credit Quality 19 2,806 3,250 6,461 6,936 6,769 7,072 6,989 22,997 1.11 1.08 1.11 1.11 1.20 1.21 1.18 1.18 0.30 0.50 0.70 0.90 1.10 1.30 1.50 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 P e rc en t T h ou sa nd s Non-Performing Assets & Allowance for Loan Losses Non Performing Assets ALLL/Loans
Low Levels of Criticized and Classified Assets 20 25,576 28,799 17,384 17,209 19,706 24,926 54,155 49,500 1.13 1.25 0.74 0.73 0.82 1.02 2.13 1.94 - 1.00 2.00 3.00 4.00 5.00 6.00 - 20,000 40,000 60,000 80,000 100,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 P e rc en t T h ou sa nd s Special Mention Loans Special Mention Loans SM Loans/Gross Loans 39,647 39,637 44,294 47,605 59,073 67,070 78,796 76,802 1.76 1.73 1.90 2.03 2.46 2.74 3.10 3.01 - 1.00 2.00 3.00 4.00 5.00 6.00 - 20,000 40,000 60,000 80,000 100,000 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 P e rc en t T h ou sa nd s Substandard Loans Substandard Loans Sub Loans/Gross Loans
Deposits 22 2,904,868 2,906,477 2,962,832 3,070,299 3,114,530 3,148,164 1.50 1.43 1.42 1.41 1.40 1.40 1.20 1.30 1.40 1.50 1.60 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 2,600,000 2,700,000 2,800,000 2,900,000 3,000,000 3,100,000 3,200,000 P e rc e nt T ho us a nd s Average Total Deposits and Cost of Deposits Average Deposits Cost of Deposits 1,974,576 2,156,092 2,155,241 2,655,928 3,014,532 3,148,164 0.05 0.06 0.72 1.53 1.41 1.40 0.00 0.50 1.00 1.50 2.00 2021 2022 2023 2024 2025 2026 YTD 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 P e rc e nt T ho us a nd s Average Total Deposits and Cost of Deposits Average Deposits Cost of Deposits
Deposits 23 Non-Interest Bearing 33% Now/Savings 21% Money Market 29% TCDs 17% As of March 31, 2026 Total Deposits = $3.1 Billion
24