SEC Filing Summary: Central Valley Community Bancorp (8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Central Valley Community Bancorp (the "Company") on September 16, 2009. The Company is a California corporation with its principal executive offices in Fresno, CA. The report details a corporate governance action taken by the Board of Directors of Central Valley Community Bank, the Company's sole subsidiary.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a specific contractual amendment and does not contain financial performance data.
Material Changes
On September 16, 2009, the Board of Directors approved amendments to the Director Deferred Compensation Agreements for six participating directors: Daniel N. Cunningham, Edwin S. Darden, Jr., Steven D. McDonald, Louis C. McMurray, William S. Smittcamp, and Wanda L. Rogers. The filing explicitly states that the Company's monetary obligation to the Directors under these agreements remained unchanged.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document is limited to the disclosure of the entry into a material definitive agreement regarding director compensation terms.
Key Facts for Investor Verification
- The Company amended Director Deferred Compensation Agreements on September 16, 2009.
- The total monetary obligation to directors under these agreements did not change as a result of the amendments.
- The filing does not disclose any financial results or changes in the Company's capital structure.