Central Valley Community Bancorp Reports Earnings Results for the Year and Quarter Ended December 31, 2023, and Quarterly Dividend
January 18 2024 - 4:00PM
Business Wire
The Board of Directors of Central Valley Community Bancorp
(Company) (NASDAQ: CVCY), the parent company of Central Valley
Community Bank (Bank), reported today results for the year and
quarter ended December 31, 2023, and quarterly dividend. The
Company also announced that all required regulatory approvals have
been received for the Merger Agreement dated October 10, 2023 with
Community West Bancshares, a California corporation (“Community
West”). Pursuant to the terms of the Merger Agreement, Community
West will be merged with and into Central Valley Community Bancorp,
with the Company as the surviving institution. The proposed
transaction is subject to the approval of the shareholders of the
Company and Community West at their respective special shareholder
meetings to be held on February 8, 2024. The transaction is
expected to be completed on April 1, 2024 pending shareholder
approval and the satisfaction of other customary closing
conditions. For the full release, please visit one of the
following: CVCB News Room https://www.cvcb.com/about-us/news-room
or CVCB Investor Relations
https://ir.cvcb.com/news-market-information/press-releases/default.aspx.
About Central Valley Community Bancorp
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, in addition to maintaining
Commercial, Real Estate and Agribusiness Lending, as well as
Private Business Banking and Cash Management 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.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240118952920/en/
Investor Contact: Shannon Livingston Executive Vice
President, Chief Financial Officer Central Valley Community Bancorp
916-235-4617
Media Contact: Debbie Nalchajian-Cohen Public Relations
Central Valley Community Bancorp 559-222-1322
Central Valley Community... (NASDAQ:CVCY)
Historical Stock Chart
From Apr 2024 to May 2024
Central Valley Community... (NASDAQ:CVCY)
Historical Stock Chart
From May 2023 to May 2024