Bailout Bank Bio: Community West Bancshares

Jan 28, 2009 | 1 min read | Print Article

Community West Bancshares is a bank holding company of Community West Bank, with five branches located in Goleta, Ventura, Santa Maria, Santa Barbara, and Westlake Village California; a loan production office in Roseville, California; and an SBA loan production office in the San Francisco Bay area. The company’s headquarter is in Goleta, California. As part of the United States Department of the Treasury’s Capital Purchase Program, Community West Bancshares will receive $15.6 million in cash in exchange for 15,600 shares of the Company's Fixed Rate Cumulative Perpetual Preferred Stock, Series A.

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Bailout Bank Bio: Community West Bancshares

Federal Equity Investment	$15.6 million
Total Revenue	$51.686 million (2007)
Net Income	$3.789 million (2007)
Number of Employees	146
Corporate Headquarters	Goleta, California
Business Sector	Financial
Officers and Directors	MNahra, Lynda, President, Chief Executive Officer, Director Peeples, William, Chairman of the Board Other Officers and Directors
Corporate Website	http://www.communitywest.com/
Executive Compensation	Community West Bancshares