SEC Filing Summary: Central Valley Community Bancorp
Business Context and Reporting Period
This Form 8-K was filed by Central Valley Community Bancorp on April 2, 2010, reporting events as of March 31, 2010. The filing addresses the Central Valley Community Bancorp Escrow Fund, established for the benefit of the Company and former shareholders of Service 1st Bancorp following their merger on November 13, 2008.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the registrant. The document focuses on the administration of the Escrow Fund. A report detailing the assets, liabilities, receipts, and disbursements of the Escrow Fund for the year ended December 31, 2009, is attached as Exhibit 99.1 but is not summarized within the body of this text.
Material Changes
No material changes to the Company's financial position or operations are reported in this filing. The document serves as a disclosure mechanism to provide former Service 1st Bancorp shareholders with information regarding the Escrow Fund's status as of December 31, 2009.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of new risks or contingencies. The primary purpose is the distribution of the attached Escrow Fund report.
Key Facts for Investor Verification
- Verify the contents of Exhibit 99.1 for specific asset and liability figures of the Escrow Fund as of December 31, 2009.
- Confirm the status of the merger agreement obligations between Central Valley Community Bancorp and Service 1st Bancorp.
- Note that this filing does not contain the Company's consolidated financial results for the period ending March 31, 2010.