# Community West Bancshares (CWBC) — merger [announced]
Source: SEC API (secapi.ai) · situation sit_2ec4b9dc4ce781d0131d · retrieved 2026-08-12T21:24:03.026Z

## Overview
Community West Bancshares is a California-based bank holding company and parent of Community West Bank, which operates full-service banking centers throughout Central California and provides commercial lending, agribusiness, SBA, residential construction and mortgage, manufactured housing, private banking, and treasury management services.

Community West Bancshares completed its merger with United Security Bancshares on April 1, 2026, with Community West Bancshares continuing as the surviving entity. Pursuant to the merger agreement, each share of United Security Bancshares common stock was converted into the right to receive 0.4520 shares of Community West Bancshares common stock, with cash paid in lieu of fractional shares. The total merger consideration was $184.7 million, consisting of $184.6 million in fair value of shares issued and $86,000 in cash consideration. The merger resulted in the acquisition of $1.2 billion in assets and $1.1 billion in deposits, with goodwill of $58.5 million recorded.

## Terms
- Counterparty: United Security Bancshares · Consideration: mixed · Price/share: $0.452

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0001628280-26-049383): 8-K - Community West Bancshares — *Community West Bancshares is a California-based bank holding company and parent of Community West Bank, which operates full-service banking centers throughout Central California and provides commercial lending, agribusiness, SBA, residential construction and mortgage, manufactured housing, private banking, and treasury management services.* Community West Bancshares completed its merger with United Security Bancshares on April 1, 2026, with Community West Bancshares continuing as the surviving entity. Pursuant to the merger agreement, each share of United Security Bancshares common stock was converted into the right to receive 0.4520 shares of Community West Bancshares common stock, with cash paid in lieu of fractional shares. The total merger consideration was $184.7 million, consisting of $184.6 million in fair value of shares issued and $86,000 in cash consideration. The merger resulted in the acquisition of $1.2 billion in assets and $1.1 billion in deposits, with goodwill of $58.5 million recorded.
  https://www.sec.gov/Archives/edgar/data/1127371/0001628280-26-049383.txt

## Citations
- 0001628280-26-049383 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026049383