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Community West Bancshares Completes UBFO Merger

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Financial ServicesCaliforniaMerger

Deal Overview

Community West Bancshares has completed its previously announced merger with United Security Bancshares. The transaction is an all-stock deal in which United Security Bancshares shareholders received 0.4520 shares of Community West Bancshares common stock for each UBFO share.

Based on Community West Bancshares’ March 31, 2026 closing price of $23.30 per share, the merger consideration was approximately $185.5 million, or $10.53 per United Security Bancshares common share. The combined company is a Central California-based community bank with approximately $5 billion in total assets and retains banking offices across Central California.

Shareholders approved the merger at special meetings on March 30, 2026, after regulatory approvals and customary closing conditions were satisfied.

Key Details

Transaction
Community West Bancshares acquires United Security Bancshares
Deal Size
Over $100M
Reported Value
approximately $185.5 million

Source

Read full article on sec.gov

via SEC EDGAR 8-K · April 1, 2026

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