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.
Community West Bancshares filings document the regulatory record of a California bank holding company and its wholly owned bank subsidiary, Community West Bank. The company’s disclosures cover banking operations, operating and financial results, dividends, capital-structure matters, material agreements, completed merger activity and Regulation FD investor presentations.
The filing record also includes definitive proxy materials and Form 8-K reports addressing governance, shareholder voting matters, executive compensation, board oversight and officer or director changes. Risk-factor and capital disclosures relate to the company’s community banking model, including lending, deposits, securities, non-interest income and bank regulatory obligations.
Community West Bancshares executive Jeffrey Michael Martin reported a small share disposition related to tax withholding, not an open-market sale. On a Restricted Stock Award vesting, 816 shares of CWBC common stock were withheld by the company at $24.17 per share to cover tax obligations. The vesting related to 2,273 restricted shares from an award originally granted on May 7, 2025. After this withholding, Martin directly holds about 23,800.8163 CWBC shares.
Community West Bancshares reported solid Q1 2026 results and highlighted the completed merger with United Security Bancshares. Net income rose to $11.5 million from $8.3 million a year earlier, with basic and diluted EPS at $0.60 versus $0.44.
Total assets were $3.70 billion at March 31, 2026, loans were $2.55 billion, and deposits reached $3.14 billion. Credit costs remained low, with a $90,000 provision for credit losses and an allowance of $30.2 million. However, nonaccrual loans increased to $23.0 million.
On April 1, 2026, the company closed its merger with United Security Bancshares, issuing about 7.9 million new shares at an exchange ratio of 0.4520. Immediately after the merger, the combined company had approximately $5.0 billion in assets, significantly expanding its Central California footprint.
Community West Bancshares director Dorothea D. Silva reported open-market purchases of company stock. She bought 150 shares of CWBC common stock on May 5, 2026 at $23.57 per share and 15 shares on May 4, 2026 at $23.78 per share.
After these transactions, she directly owns 12,309.7443 shares of Community West Bancshares common stock, indicating a modest increase in her personal investment stake.
Community West Bancshares president Martin E. Plourd exercised stock options to acquire 65,464 shares of CWBC common stock on May 1, 2026, at exercise prices ranging from $8.79 to $18.93 per share. To fund the aggregate exercise price, 40,746 shares were withheld by delivering shares valued at $23.77 per share. After these transactions, Plourd directly holds 137,254 CWBC shares.
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%.
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.