CWBC News Alert Community West Bancshares (CWBC) 6.76 02/13/2015

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Community West Bancshares (CWBC) 6.76 $CWBC

Nasdaq stocks posting largest volume decreases
AP - Fri Jan 30, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
HBCP: 21.42 (unch), UNB: 24.75 (+0.31), SIBC: 21.10 (+0.22), ALOT: 14.65 (+0.53), IDSA: 5.82 (-0.08), VYFC: 19.72 (+0.12), CWBC: 6.76 (-0.03)

Community West Bancshares Earns $2.2 Million in Fourth Quarter and $7.0 Million in 2014; Declares Quarterly Common Stock Dividend
GlobeNewswire - Mon Jan 26, 9:03AM CST
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today reported net income of $2.2 million in the fourth quarter of 2014 (4Q14) compared to $1.7 million in the third quarter of 2014 (3Q14) and $3.1 million in the fourth quarter a year ago (4Q13). Community West's results for 4Q13 included a $2.8 million tax benefit as a result of the reversal of its deferred tax asset valuation allowance. Fourth quarter pretax income increased to $3.7 million, compared to $324,000 in the fourth quarter a year ago. For the full year, Community West earned $7.0 million compared to $9.0 million a year ago. Pretax income increased 94% to $12.0 million for 2014 compared to $6.2 million a year ago.
CWBC: 6.76 (-0.03)

Community West Bancshares declares $0.02 dividend
Seeking Alpha - at Seeking Alpha - Mon Jan 26, 8:09AM CST

CWBC: 6.76 (-0.03)

Community West Bancshares Announces Partial Redemption of Preferred Stock
GlobeNewswire - Tue Dec 02, 8:02AM CST
Community West Bancshares (Nasdaq:CWBC), parent company of Community West Bank, today announced that, in furtherance of its previously announced Preferred Stock Repayment Strategy, it will redeem another $702,000 of its 9%, Cumulative Perpetual Preferred Stock, Series A, on January 2, 2015, leaving a remaining balance of $6,312,000. As previously announced, the Company's Board of Directors will consider regular redemptions, and that any such redemptions are subject to regulatory approvals and will be based on the Company's financial condition and results of operations at the time. It is anticipated that any future redemptions would be payable from future earnings.
CWBC: 6.76 (-0.03)

Charles Kohl to Join Community West Bank as EVP & Chief Operating Officer
GlobeNewswire - Mon Nov 03, 8:00AM CST
Community West Bancshares (Community West or the Company), (Nasdaq:CWBC), parent company of Community West Bank (Bank), today announced that Charles (Chuck) Kohl will join the Bank as Executive Vice President and Chief Operating Officer on December 1, 2014.
CWBC: 6.76 (-0.03)

Community West Bancshares EPS of $0.18
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 8:27AM CDT

CWBC: 6.76 (-0.03)

Community West Bancshares Earns $1.7 Million in Third Quarter of 2014; Net Loans and Deposits Both Increase 12% Year Over Year and Nonaccrual Loans Decline in 3Q14 by 31%; Quarterly Common Stock Dividend Declared
GlobeNewswire - Thu Oct 23, 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 third quarter of 2014 (3Q14) compared to $1.7 million in the second quarter of 2014 (2Q14) and $2.6 million in the third quarter a year ago (3Q13). Third quarter pretax income increased 10.8% to $2.9 million, compared to $2.6 million in the third quarter a year ago.
CWBC: 6.76 (-0.03)

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.
CWBC: 6.76 (-0.03)

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.
CWBC: 6.76 (-0.03)

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.
CWBC: 6.76 (-0.03)

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.
CWBC: 6.76 (-0.03)




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