0001140361-17-033508.txt : 20170829 0001140361-17-033508.hdr.sgml : 20170829 20170829141054 ACCESSION NUMBER: 0001140361-17-033508 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170824 ITEM INFORMATION: Other Events FILED AS OF DATE: 20170829 DATE AS OF CHANGE: 20170829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY WEST BANCSHARES / CENTRAL INDEX KEY: 0001051343 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 770446957 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23575 FILM NUMBER: 171057393 BUSINESS ADDRESS: STREET 1: 445 PINE AVE CITY: GOLETA STATE: CA ZIP: 93117 BUSINESS PHONE: 8056925821 MAIL ADDRESS: STREET 1: 445 PINE AVE CITY: GOLETA STATE: CA ZIP: 93117 8-K 1 form8k.htm 8-K
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): August 24, 2017

COMMUNITY WEST BANCSHARES
(Exact name of registrant as specified in its charter)

California
000-23575
77-0446957
(State or other jurisdiction of incorporation or organization)
(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 is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General instruction A.2.below):

☐
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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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. ☐
 
Item 8.01.
Other Events.

On August 24, 2017, the Board of Directors of Community West Bancshares (the “Company”) authorized the extension of the Stock Repurchase Plan for an additional two year period.  The balance available for common stock repurchases from the authorized $3.0 million is $1,641,930. Stock repurchases may be made from time to time on the open market or through privately negotiated transactions.
 
SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: August 29, 2017
 
COMMUNITY WEST BANCSHARES
     
 
By:
/s/Susan C. Thompson
   
Susan C. Thompson
   
Executive Vice President and
   
Chief Financial Officer