SEC Filing Summary: Central Valley Community Bancorp
Business Context and Reporting Period
This Form 8-K was filed by Central Valley Community Bancorp (not Community West Bancshares) on November 9, 2004, reporting an event that occurred on October 20, 2004. The registrant is a California corporation headquartered in Clovis, California.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only financial data disclosed relates to a specific stock repurchase program:
- Authorized Repurchase Amount: $500,000
- Shares Repurchased (as of Sept 30, 2004): 9,000 shares
- Total Cost Incurred (as of Sept 30, 2004): $212,400
Material Changes
On October 20, 2004, the Board of Directors suspended the stock repurchase program that was originally approved on January 21, 2004. No other material changes to operations or financial condition are reported in this document.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies beyond the suspension of the buyback program.
Investor Verification Checklist
- Verify the correct registrant name is Central Valley Community Bancorp, not Community West Bancshares.
- Confirm the status of the remaining $287,600 of the authorized repurchase program following the suspension.
- Review subsequent filings to determine if the repurchase program was reinstated or terminated permanently.