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: November 29, 2021

(Date of earliest event reported)

Central Valley Community Bancorp
(Exact name of registrant as specified in its charter)
CA (State or other jurisdiction of incorporation)	000-31977 (Commission File Number)	77-0539125 (IRS Employer Identification Number)
7100 N. Financial Dr., Ste. 101, Frenso, CA (Address of principal executive offices)		93720 (Zip Code)
559-298-1775 (Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Common Stock, no par value	CVCY	NASDAQ
(Title of Each Class)	(Trading Symbol)	(Name of Each Exchange on which Registered)
Not Applicable (Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ 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 as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    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  o

Item 5.02 (e) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On November 29, 2021, management of Central Valley Community Bancorp (“Company”), the parent company of Central Valley Community Bank (“Bank”) issued a press release announcing the promotion of Blaine C. Lauhon to the Bank’s newly created position of Chief Banking Officer, effective November 29, 2021. Mr. Lauhon will receive an annual base salary of $235,000 and all other existing incentive plans, benefits, and perquisites remain unchanged.

A copy of the press release dated November 29, 2021 is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(a) Financial statements:

None

(b) Pro forma financial information:

None

(c) Shell company transactions:

None

(d) Exhibits

99.1 Press Release of Central Valley Community Bancorp dated November 29, 2021

SIGNATURE

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

Dated: November 30, 2021 CENTRAL VALLEY COMMUNITY BANCORP
By:  /s/ David A. Kinross                          David A. Kinross       Executive Vice President and Chief Financial Officer                      (Principal Accounting Officer)

Exhibit Index
Exhibit No.	Description
99.1	Press Release of Central Valley Community Bancorp dated November 29, 2021

EX-99.1

FOR IMMEDIATE RELEASE

CONTACT:    Debbie Nalchajian-Cohen

        559.222.1322

CENTRAL VALLEY COMMUNITY BANK ELEVATES BLAINE LAUHON

TO EXECUTIVE VICE PRESIDENT, CHIEF BANKING OFFICER

FRESNO, CALIFORNIA…November 29, 2021…James J. Kim, President and CEO of Central Valley Community Bancorp (Nasdaq: CVCY) (the “Company”), the parent company for Central Valley Community Bank (CVCB), is proud to announce the promotion of Blaine Lauhon to Executive Vice President, Chief Banking Officer, effective November 29, 2021.

Lauhon, an experienced community banker highly regarded by his team and peers, will lead the strategic direction, management and profitability of CVCB’s Banking Services division. He will continue to serve on the Managing Committee. His oversight includes deposit and lending generation and exceptional client relations for CVCB’s Commercial Lending, Private Business Banking and Cash Management Services, as well as Banking Center Operations for 20 full-service offices located throughout the San Joaquin Valley and Greater Sacramento region.

“The success of Central Valley Community Bank is driven by our committed banking professionals and guided by our executive team to exceed the expectations of the clients and communities we are honored to serve,” said Kim. “Blaine is, without a doubt, a trusted and experienced leader who will build upon our over 40-year legacy, and will assist us in achieving new levels of success ahead.”

Lauhon joined CVCB in October 2017 as Senior Vice President, Senior Credit Officer, and has served as Executive Vice President, Market Executive for CVCB’s northern region since July 2019. With over three decades of financial experience, he has gained extensive bank leadership, risk management, commercial lending and retail banking expertise serving in the positions of Executive Vice President Chief Lending Officer, Executive Vice President Chief Credit Officer and Executive Vice President of Commercial Banking for California community banks in Greater Sacramento. Lauhon earned advanced degrees from Dartmouth College Graduate School of Credit and Financial Management, University of Colorado Graduate School of Banking, and holds a B.S. in Agricultural

-more-

Central Valley Community Bank – Page 2

Business from California State University, Chico. Lauhon is deeply rooted in Greater Sacramento where he and his family reside. His present and past professional and community service affiliations include the Sacramento Valley Chapter of the Risk Management Association, Western Bankers Association, Small Business Development Corporation, Boy Scouts of America and Kiwanis International.

About Central Valley Community Bank

Central Valley Community Bancorp trades on the NASDAQ stock exchange under the symbol CVCY. Central Valley Community Bank, headquartered in Fresno, California, was founded in 1979 and is the sole subsidiary of Central Valley Community Bancorp. CVCB operates full-service Banking Centers throughout California’s San Joaquin Valley and Greater Sacramento region. Additionally, CVCB maintains Commercial Real Estate, Agribusiness and SBA Lending Departments.

Members of Central Valley Community Bancorp’s and CVCB’s Board of Directors are: Daniel J. Doyle (Chairman), Daniel N. Cunningham (Vice Chairman), F. T. “Tommy” Elliott, IV, Robert J. Flautt, Gary D. Gall, James J. Kim, Andriana D. Majarian, Steven D. McDonald, Louis C. McMurray, Karen A. Musson, Dorothea D. Silva and William S. Smittcamp. Sidney B. Cox is Director Emeritus.

More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com. Also, visit CVCB on Twitter, Facebook and LinkedIn.   

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Photo attachment: Blaine Lauhon, Executive Vice President, Chief Banking Officer

Central Valley Community Bank – Page 3

XML

Cover		6 Months Ended
	Nov. 12, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Nov. 29, 2021
Entity Registrant Name	Central Valley Community Bancorp
Entity Incorporation, State or Country Code	CA
Entity File Number	000-31977
Entity Tax Identification Number	77-0539125
Entity Address, Address Line One	7100 N. Financial Dr., Ste. 101
Entity Address, City or Town	Frenso
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	93720
City Area Code	559
Local Phone Number	298-1775
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0001127371
Title of 12(b) Security		Common Stock, no par value
Trading Symbol		CVCY
Security Exchange Name		NASDAQ