Community West Bancshares 8-K, filed Nov 30, 2021
Community West Bancshares (CWBC)
8-K
2021-11-30
For: 2021-11-29
View Original
Added on
April 09, 2026
About this 8-K
Community West Bancshares filed this 8-K on November 30, 2021, reporting on events of November 29, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM | ||
| 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)
| (Exact name of registrant as specified in its charter) | ||||||||||||||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification Number) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||||||||
(Registrant’s telephone number, including area code) | ||||||||||||||
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| (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:
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 | |||||
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
