Community West Bancshares received an updated Schedule 13G/A from investment firm Fourthstone and related entities reporting a sizable institutional position in its common stock.
Fourthstone LLC reports beneficial ownership of 1,310,897 shares of Community West Bancshares common stock, representing 6.84% of the company’s outstanding shares, based on 19,158,428 shares outstanding as of November 6, 2025. The filing lists several affiliated funds and entities, including Fourthstone Master Opportunity Fund, Fourthstone QP Opportunity Fund, Fourthstone Small-Cap Financials Fund, Fourthstone GP LLC, and individual manager L. Phillip Stone IV, which may be deemed to share voting and dispositive power over portions of this stake.
The reporting group states the shares were acquired and are held in the ordinary course of business as an investment adviser and explicitly certifies they were not acquired for the purpose of changing or influencing control of Community West Bancshares.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Community West Bancshares
(Name of Issuer)
Common Stock, no par value per share
(Title of Class of Securities)
203937107
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
Fourthstone LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,310,897.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,310,897.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,310,897.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.84 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
Fourthstone Master Opportunity Fund Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,032,918.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,032,918.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,032,918.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.39 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
Fourthstone GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
277,979.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
277,979.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
277,979.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.45 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
Fourthstone QP Opportunity Fund LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
271,019.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
271,019.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
271,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.41 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
Fourthstone Small-Cap Financials Fund LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,960.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,960.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,960.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.04 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP No.
203937107
1
Names of Reporting Persons
L. Phillip Stone, IV
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,310,897.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,310,897.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,310,897.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.84 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Community West Bancshares
(b)
Address of issuer's principal executive offices:
7100 N. Financial Dr., Ste. 101, Fresno, CA, 93720
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed by Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser ("Fourthstone"). The persons reporting information on this Schedule 13G include, in addition to Fourthstone, a company incorporated in the Cayman Islands ("Fourthstone Master Opportunity Fund"), a Delaware Limited Partnership ("Fourthstone QP Opportunity"), a Delaware Limited Partnership ("Fourthstone Small-Cap Financials"), a Delaware Limited Liability Company ("Fourthstone GP, " General Partner of Fourthstone QP Opportunity and Fourthstone Small-Cap Financials), and L. Phillip Stone, IV, a citizen of the United States of America, who is the Managing Member of Fourthstone and Fourthstone GP (each, a "Reporting Person" and, together, the "Reporting Persons"). Fourthstone directly holds 1,310,897 shares of Common Stock on behalf of its advisory clients. Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is as follows: The registered office of Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP is 575 Maryville Centre Drive, Suite 110, St. Louis, MO 63141.
(c)
Citizenship:
See response to Item 4 of each of the cover pages.
(d)
Title of class of securities:
Common Stock, no par value per share
(e)
CUSIP No.:
203937107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer. Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP. L. Phillip Stone, IV, is the Managing Member of Fourthstone LLC and Fourthstone GP and may be deemed to beneficially own securities owned by Fourthstone. The percentages reported in Row 11 of each cover page are based on 19,158,428 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of November 6,2025, based on the Issuer's 10-Q filed on November 7, 2025.
(b)
Percent of class:
6.84 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What does the Community West Bancshares (CWBC) Schedule 13G/A report?
The Schedule 13G/A reports that Fourthstone and affiliated entities hold a significant stake in Community West Bancshares common stock. It updates their beneficial ownership and confirms the position is held for investment purposes rather than to influence control of the company.
How many Community West Bancshares (CWBC) shares does Fourthstone beneficially own?
Fourthstone LLC reports beneficial ownership of 1,310,897 Community West Bancshares common shares. This stake is held on behalf of its advisory clients, with voting and dispositive power shared among Fourthstone and related entities identified as reporting persons in the filing.
What percentage of Community West Bancshares (CWBC) does Fourthstone’s stake represent?
Fourthstone’s reported 1,310,897 shares represent 6.84% of Community West Bancshares’ common stock. This percentage is calculated using 19,158,428 shares outstanding as of November 6, 2025, as disclosed in the company’s Form 10-Q referenced in the ownership section.
Who are the reporting persons in the Community West Bancshares (CWBC) 13G/A?
Reporting persons include Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone IV. Together they are treated as a group with shared voting and dispositive power over specified share amounts.
Is Fourthstone seeking control of Community West Bancshares (CWBC)?
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The certification explicitly disclaims any control intent or participation in transactions aimed at altering control, aside from limited proxy nomination activities.
What ownership stakes do Fourthstone’s individual funds hold in Community West Bancshares (CWBC)?
Fourthstone Master Opportunity Fund Ltd reports 1,032,918 shares (5.39%), Fourthstone QP Opportunity Fund LP reports 271,019 shares (1.41%), and Fourthstone Small-Cap Financials Fund LP reports 6,960 shares (0.04%). These positions contribute to the overall 6.84% beneficial stake reported by the Fourthstone group.
Which share count does the Community West Bancshares (CWBC) 13G/A use to calculate ownership percentages?
The ownership percentages are based on 19,158,428 Community West Bancshares common shares outstanding as of November 6, 2025. This figure comes from the company’s Form 10-Q filed on November 7, 2025, and is cited in the ownership discussion for percentage calculations.
