CWBC News 7.13 Community West Bancshares (CWBC)

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Community West Bancshares (CWBC) 7.13 $CWBC

Nasdaq stocks posting largest volume decreases
AP - Fri Apr 04, 5:20PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:

Community West Bancshares Announces Federal Reserve Bank Terminates Written Agreement
GlobeNewswire - Thu Mar 13, 1:11PM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced that, as a result of improvement of its financial condition over the past 24 months, the Federal Reserve Bank of San Francisco has terminated its Written Agreement with Community West Bancshares entered into on April 23, 2012.

Michael L. Phlaum Promoted to EVP, Chief Operating Officer of Community West Bank
GlobeNewswire - Mon Mar 03, 3:00PM CST
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced that Michael L. Phlaum has been promoted to Executive Vice President and Chief Operating Officer of the Bank. Phlaum has been with the Bank for two years as Senior Vice President and Community Banking Officer. During this time, Phlaum has overseen branch administration, central operations, facilities, marketing, and loan production units for commercial, agribusiness, and SBA loans. He played a vital role in the strategic plan process and contributed to the Bank's improved performance.

Janice Stewart Joins Community West Bank as Senior Vice President, Director of Human Resources
GlobeNewswire - Mon Mar 03, 2:00PM CST
Community West Bancshares (Nasdaq:CWBC), parent company of Community West Bank, today announced the addition of Janice Stewart as Senior Vice President, Director of Human Resources. She will oversee all human resources functions for the Bank's 140 employees in multiple locations throughout Santa Barbara and Ventura counties.

Community West Bancshares Earns $3.1 Million in Fourth Quarter and $9.0 Million in 2013; Year Highlighted by Improved Credit Quality Metrics, Strong Loan Growth and Subsequent OCC Agreement Termination
GlobeNewswire - Tue Jan 28, 8:00AM CST
Community West Bancshares (Community West or the Company) (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported net income was $3.1 million in the fourth quarter of 2013 (4Q13) compared to $2.6 million in the third quarter of 2013 (3Q13) and $2.3 million in the fourth quarter a year ago (4Q12). For the full year, Community West earned $9.0 million compared to $3.2 million a year ago. Community West's results for 4Q13 include a $2.8 million tax benefit as a result of the reversal of its deferred tax asset valuation allowance.

Community West Bancshares Announces Regulator Terminates Written Agreement for its Banking Subsidiary, Community West Bank
GlobeNewswire - Mon Jan 27, 3:00PM CST
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced that, as a result of improvement of its financial condition over the past 24 months, and the Bank's effective compliance with the Written Consent Agreement (Agreement), the Office of the Comptroller of the Currency (OCC), its primary regulator, has terminated its Agreement with Community West Bank entered into on January 26, 2012. Effective immediately, the Bank will no longer be subject to the terms and conditions of the Agreement.

Nasdaq stocks posting largest percentage increases
AP - Tue Jan 21, 12:56PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at 1 p.m.:

Community West Bancshares Receives FRB Approval to Pay Preferred Dividends
GlobeNewswire - Thu Dec 26, 3:00PM CST
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported that the Federal Reserve Board (FRB) approved its request for permission to pay outstanding, cumulative dividends on the Company's Series A Preferred Stock, which were deferred from May 15, 2012 through November 15, 2013. The $1.4 million in deferred dividend payments were accrued when due and were deducted from capital. The payment is expected to be remitted in January 2014. At September 30, 2013, Community West's unaudited capital ratios were 17.62% for Total risk-based capital and 12.10% for Tier 1 leverage capital.

Community West Bancshares Earns $2.6 Million in Third Quarter Highlighted by 26% Decline in Nonaccrual Loans
GlobeNewswire - Thu Oct 24, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported net income increased to $2.6 million in the third quarter of 2013 (3Q13) compared to $2.1 million in the second quarter of 2013 (2Q13) and $613,000 in the third quarter a year ago (3Q12). In the first nine months of the year, Community West earned $5.9 million compared to $841,000 in the first nine months of 2012.

Community West Bancshares Earns $2.1 Million in Second Quarter
GlobeNewswire - Thu Jul 25, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported net income increased to $2.1 million in the second quarter of 2013 (2Q13) compared to $1.1 million in the first quarter of 2013 (1Q13) and a net loss of $591,000 in the second quarter a year ago (2Q12). In the first six months of the year, Community West earned $3.2 million compared to $228,000 in the first six months of 2012.

FFHL, WNR, CNTF, CWBC, ZHNE, FFIC Are Seasonally Ripe To Go Down In the Next Five Weeks
M2 - Fri May 31, 6:07AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Fuwei Films (Holdings) Co Ltd (NASDAQ:FFHL), WESTERN REFINING, INC. (NYSE:WNR), China Techfaith Wireless Communication Technology Ltd (NASDAQ:CNTF), Community West Bancshares (NASDAQ:CWBC), Zhone Technologies Inc (NASDAQ:ZHNE), Flushing Financial Corp (NASDAQ:FFIC) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:

Community West Bancshares to Consolidate Roseville SBA Administrative Office
GlobeNewswire - Tue May 14, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced plans to consolidate the Roseville SBA administrative office functions into the existing loan servicing operations in Goleta. On June 28, 2013, the duties and functions previously provided by Roseville staff for the SBA business development officers (BDOs) will be provided by the Goleta loan servicing staff.

Community West Bancshares Earns $1.1 Million in First Quarter, Nonaccrual Loans Decrease 48% Compared to a Year Ago
GlobeNewswire - Thu Apr 25, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported net income increased 33.0% to $1.1 million in the first quarter of 2013 (1Q13) compared to $819,000 in the first quarter a year ago (1Q12). Community West earned $2.3 million in fourth quarter of 2012 (4Q12).
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