Nasdaq stocks posting largest volume increases
AP - Tue Jul 29, 5:02PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Community West Bancshares Declares Cash Dividend of $0.02 Per Common Share, Implements Preferred Stock Repayment Strategy
GlobeNewswire - Mon Jul 28, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced its Board of Directors has declared a quarterly cash dividend of $0.02 per common share. The dividend will be payable August 29, 2014, to common shareholders of record on August 4, 2014.
Community West Bancshares Earns $1.7 Million in Second Quarter of 2014
GlobeNewswire - Thu Jul 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 of $1.7 million in the second quarter of 2014 (2Q14) compared to $1.4 million in the first quarter of 2014 (1Q14) and $2.1 million in the second quarter a year ago (2Q13). In the first six months of 2014, Community West earned $3.1 million compared to $3.2 million in the first six months a year ago.
Community West Bancshares Reports the Death of Mr. Michael L. Phlaum, Executive Vice President and Chief Operating Officer of Community West Bank
GlobeNewswire - Mon Jul 21, 3:00PM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced with great grief the death last Friday evening of Michael (Mike) L. Phlaum, Executive Vice President and Chief Operating Officer of the Bank, who died unexpectedly from complications related to a stroke. Mr. Phlaum served with the Bank since February 2012 and was elevated to his current position in February 2014.
Kristine D. Price Joins Community West Bank as Chief Credit Officer
GlobeNewswire - Wed Jun 25, 8:00AM CDT
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced that Kristine D. Price will join Community West Bank as Executive Vice President and Chief Credit Officer (CCO), effective July 31, 2014. As CCO, she will be responsible for the overall credit quality of the Bank's loan portfolio.
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 $2.1 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
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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).