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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 1, 2021

_______________________________

COMMUNITY WEST BANCSHARES

(Exact name of registrant as specified in its charter)

_______________________________

California000-2357577-0446957
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

445 Pine Avenue

Goleta, California 93117

(Address of Principal Executive Offices) (Zip Code)

(805) 692-5821

(Registrant's telephone number, including area code)

_______________________________

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:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company 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. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockCWBCNASDAQ
 
 
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c) Appointment of New Principal Officer

Community West Bancshares (Company) announced the promotion of William F. Filippin to serve as President of the Company’s wholly-owned subsidiary, Community West Bank N.A. commencing on October 1, 2021. A copy of the press release announcing Mr. Filippin’s promotion is filed herewith as Exhibit 99.1.

There has been no transactions, involving any relationship between the Company and Mr. Filippin involving an amount that will exceed $120,000 (a “related party transaction”) other than regarding his current compensation arrangements.

There are no family relationships between Mr. Filippin and any of the directors and executive officers of the Company.

Item 9.01. Financial Statements and Exhibits.

(a) Financial statements. – not applicable
(b) Pro forma financial statements. – not applicable
(c) Shell Company Transactions. – not applicable
(d) Exhibits

The following exhibit is being furnished herewith: 

99.1 Press Release dated October 4, 2021, titled “William F. Filippin Named President of Community West Bank; Jason Bietz Promoted to Chief Credit Officer.”
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

SIGNATURES

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.

 COMMUNITY WEST BANCSHARES
   
  
Date: October 4, 2021By: /s/ Susan C. Thompson        
  Susan C. Thompson
  Executive Vice President and Chief Financial Officer