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CWBC > SEC Filings for CWBC > Form 8-K on 29-Jan-2014All Recent SEC Filings

Show all filings for COMMUNITY WEST BANCSHARES /

Form 8-K for COMMUNITY WEST BANCSHARES /


29-Jan-2014

Other Events, Financial Statements and Exhibits


Item 8.01. Other Events.

The Company's Board of Directors has approved exercise of its option to redeem all outstanding convertible subordinated debentures in accordance with section 2.2 of the Debenture Agreement. An early termination letter will be sent to subordinated debenture holders of record. The Company has fixed March 10, 2014 as the date for early redemption. The outstanding debentures at December 31, 2013 were $1,442,000 and are convertible to shares of the Company's common stock at $4.50 per share.



Item 9.01 Financial Statements and Exhibits.

  Exhibit 99.1    Notice of Early Redemption of 9% Convertible Subordinated
Debentures
--------------------------------------------------------------------------------
                                   SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: January 29, 2014 COMMUNITY WEST BANCSHARES

By: /s/Charles G. Baltuskonis

Charles G. Baltuskonis
Executive Vice President and
Chief Financial Officer


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