Rahul Sharma (Editor)

Community West Bancshares

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public

Industry
  
Financial services

Number of employees
  
119 (2012)

Traded as
  
NASDAQ: CWBC

Founded
  
1996

Net income
  
3.173 million USD (2012)

Key people
  
William Peeples (Chairman) Martin Plourd (President & CEO)

Operating income
  
US$ 31.309 million (2012)

Total assets
  
US$ 532.101 million (2012)

Stock price
  
CWBC (NASDAQ) US$ 10.50 -0.10 (-0.94%)3 Mar, 4:00 PM GMT-5 - Disclaimer

Headquarters
  
Goleta, California, United States

Community West Bancshares is a registered bank holding company headquartered in California. It wholly owns Community West Bank under the Bank Holding Company Act. The company delivers a wind range of commercial and retail financial services such as various loan and deposit products through the operation of the bank. As of December 31, 2012, the Company had $532.101 million in total assets, $53.049 million in total stockholders' equity and $434.220 million in deposits.

Contents

History

Community West Bank was established in 1989 to provide financial services including relationship banking, mortgage Lending and SBA lending.

On November 26, 1996, Community West Bancshares was incorporated as the bank holding company for Community West Bank.

On December 31, 1997, Community West Bancshares completed the acquisition of Goleta National Bank.

On September 1, 2004, the bank changed its name to Community West Bank, also the currently name.

On May 14, 2013, the company declared plans to consolidate the Roseville SBA administrative office functions into the existing loan servicing operations in Goleta.

Leadership

The main managers are listed as follows:

  • William Peeples - Independent Chairman of the Board
  • Martin Plourd - President, Chief Executive Officer
  • Charles Baltuskonis - Chief Financial Officer
  • References

    Community West Bancshares Wikipedia