SEC Filing Summary: Central Valley Community Bancorp (8-K)
Business Context and Reporting Period
This Form 8-K was filed on May 20, 2013, by Central Valley Community Bancorp (Registrant). The filing reports a significant corporate event regarding the acquisition of Visalia Community Bank.
Key Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. This report focuses exclusively on regulatory approvals for a merger.
Material Changes
The primary material event is the receipt of all required regulatory approvals authorizing Central Valley Community Bancorp to acquire Visalia Community Bank. The approvals were granted by the following entities:
- Securities and Exchange Commission
- Federal Deposit Insurance Corporation (FDIC)
- California Department of Financial Institutions
- Federal Reserve Bank
Guidance, Outlook, and Risks
Management announced the regulatory clearance via a joint press release with Visalia Community Bank. The filing does not contain specific forward-looking guidance, risk factors, or details on contingencies beyond the successful completion of the regulatory approval process.
Key Facts for Investor Verification
- Confirm the effective date of the merger between Central Valley Community Bancorp and Visalia Community Bank.
- Review the joint press release (Exhibit 99.1) for details on the transaction structure and consideration.
- Verify the post-merger capitalization and combined financial position in subsequent filings.
- Check for any conditions attached to the regulatory approvals that may impact the closing.