Central Valley Community Bancorp: directors' dealings · United States · SEC (Form 4)

About Central Valley Community Bancorp

Central Valley Community Bancorp, historically traded under the NASDAQ: CVCY ticker, is a U.S. regional banking franchise that belongs to the community bank segment. Following the merger announced and completed in spring 2024 with Community West Bancshares, the combined institution adopted the Community West Bancshares name. For francophone investors, that means the listed entity evolved, but the CVCY history remains highly relevant to understanding the franchise, operating model, and risk profile. The bank was established in 1979 and opened its first banking center in 1980, giving it more than four decades of local operating history and customer relationships in California. Its headquarters are in Fresno, California, placing it in the heart of the Central Valley, a strategically important region for agribusiness, commercial real estate, small business activity, and local operating companies. From a business-line perspective, the group has long positioned itself as a relationship-driven community bank rather than a mass-market retail institution. Its core offerings include commercial lending, commercial real estate lending, agribusiness lending, SBA lending, private banking, cash management, and broader deposit and treasury services for businesses and affluent households. The franchise has therefore been built around local credit origination, client proximity, and recurring relationships with entrepreneurs, farmers, and middle-market businesses. Before the merger, Central Valley Community Bank operated 20 full-service banking centers across California, mainly in the San Joaquin Valley and the Greater Sacramento area; the combination with Community West expanded the geographic footprint further into the Central Coast and broadened the bank’s reach across Central California. Competitive positioning is based on local market knowledge, speed of decision-making, and specialized lending capabilities rather than national scale. That is a typical advantage for a community bank, but it also means performance is closely tied to credit discipline, deposit retention, and the health of regional economic activity. Recent corporate developments are material: shareholders approved the merger with Community West in February 2024, and the transaction closed on April 1, 2024. More recently, the company completed another acquisition, United Security Bancshares, on April 1, 2026. According to the company’s April 2026 release, the combined organization has approximately $5 billion in total assets, retains branches across 13 counties and 31 communities, and is preparing for a systems conversion in summer 2026. The company also described this deal as its seventh acquisition, underscoring a long-running consolidation strategy aimed at scale, broader product depth, and improved franchise visibility. For investors following insider transactions and SEC Form 4 activity on the U.S. NASDAQ market, the key takeaway is that this is a California-focused regional bank in an active integration phase. The opportunity set lies in scale benefits, expanded lending capacity, and cross-sell potential; the main watchpoints are integration execution, funding costs, asset quality, and customer retention during the transition.