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 reported an insider stock transfer by one of its leaders. On December 16, 2025, Director and President Martin E. Plourd made a reported gift of 500 shares of CWBC common stock, recorded at a price of $0 as a gift transaction.
Following this transfer, Plourd directly beneficially owns 112,254 shares of Community West Bancshares common stock. The filing is reported as a single-person Form 4, reflecting this non-cash change in his direct holdings.
Community West Bancshares reported that, under its previously announced merger agreement with United Security Bancshares, two United Security directors, Jagroop “Jay” Gill and Dora Westerlund, are expected to join Community West’s board after the proposed merger is completed, subject to the company’s corporate governance requirements. Mr. Gill is also expected to serve as vice chairman of the board. The update comes via a joint press release furnished as an exhibit and is accompanied by extensive cautionary language about forward‑looking statements, outlining risks that could delay, alter or prevent completion of the merger, including shareholder approvals, regulatory approvals, integration challenges and potential dilution from issuing additional Community West common stock.
Community West Bancshares entered into an Agreement and Plan of Merger to combine with United Security Bancshares in an all-stock transaction. United Security shareholders will receive 0.4520 shares of Community West common stock for each share they own, implying a total deal value of approximately $191.9 million based on Community West’s December 16, 2025 share price.
After closing, United Security shareholders are expected to own about 29.4% of the combined company. United Security Bank will merge into Community West Bank, and all United Security branches will operate under the Community West Bank name. As of September 30, 2025, United Security had total assets of $1.24 billion, total net loans of $942.1 million and total deposits of $1.08 billion.
The merger is expected to close in the second quarter of 2026, subject to regulatory approvals and shareholder approvals from both companies. The agreement includes customary covenants, a $7.7 million termination fee payable by United Security in certain situations, and voting and support agreements from directors and certain officers of both companies.
Community West Bancshares (CWBC) director share acquisition reported
A director of Community West Bancshares filed a Form 4 reporting a small increase in holdings of CWBC common stock. On November 14, 2025, the reporting person acquired 402 shares of CWBC common stock in an open-market purchase coded as a "P" transaction at a price of $21.37 per share. After this dividend-related acquisition, the director beneficially owns 78,236 shares of CWBC common stock in direct ownership.
The explanation notes that the shares were acquired through dividend reinvestment on November 14, 2025, indicating the transaction reflects automatic reinvestment of cash dividends rather than a discretionary large purchase or sale.
Community West Bancshares reports that its executive management will participate in the Keefe Bruyette & Woods Virtual West Coast Bank Field Trip on November 17, 2025. To support this event, the company has prepared an investor relations presentation, which is attached as Exhibit 99.1 and incorporated by reference. The company notes that the furnished information is not considered “filed” for purposes of certain liability provisions under U.S. securities laws.
Community West Bancshares announced a leadership transition. On November 7, 2025, President Martin E. Plourd notified the board of his intention to retire as President effective March 31, 2026. Plourd has served in the banking industry for 45 years, bringing broad experience to community banking.
Following his retirement, he plans to continue to serve as a Director on the Boards of Community West Bancshares and Community West Bank, providing continuity at the holding company and bank level.
Community West Bancshares reported stronger results for the quarter ended September 30, 2025. Net income rose to $10.9 million from $3.4 million a year ago, and diluted EPS increased to $0.57 from $0.18. Net interest income improved to $34.9 million from $30.2 million as loan yields outpaced funding costs, while non‑interest expenses declined to $22.2 million from $27.7 million.
Total assets were $3.61 billion, with loans at $2.42 billion and deposits at $3.08 billion. Borrowings decreased to $20.0 million from $133.4 million at year‑end, and accumulated other comprehensive loss narrowed to $(42.2) million from $(55.1) million, reflecting improved securities valuations. The provision for credit losses was $667 thousand versus a $(518) thousand credit in the prior year quarter.
For the nine months, net income reached $27.0 million versus $0.8 million in 2024, driven by higher net interest income and lower securities losses. The company paid a quarterly cash dividend of $0.12 per share. Shares outstanding were 19,158,428 as of November 6, 2025.
Community West Bancshares (CWBC) reported an insider transaction on a Form 4. On 10/17/2025, President and Director Martin E. Plourd exercised stock options (transaction code M) and acquired 19,751 shares of common stock at an exercise price of $8.98. Following this transaction, he directly owned 112,438 shares.
Community West Bancshares announced two updates. The company issued a press release with unaudited financial information and discussion for the quarter ended September 30, 2025, furnished as Exhibit 99.1.
Its Board declared a $0.12 per share cash dividend, payable on November 14, 2025 to shareholders of record as of October 31, 2025.
Insider purchase reported: Executive Vice President Dawn M. Cagle acquired 222 shares of Community West Bancshares (CWBC) on 08/29/2025 at a price of $16.02 per share under the company's Employee Stock Purchase Plan (ESPP). After this transaction, Ms. Cagle beneficially owned 13,214 shares. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
This filing discloses a routine, non-derivative acquisition by an officer through an employee plan and shows the updated level of insider ownership following the purchase.