Central Valley Community Bancorp Completes Merger with Community West Bancshares; Combined Company Adopts Community West Name

Community West Bancshares to Acquire United Security Bancshares in All-Stock Merger

December 17, 2025

Financial Services

Community West Bancshares (NASDAQ: CWBC) has agreed to merge with United Security Bancshares (NASDAQ: UBFO) in an all-stock transaction. Under the terms of the deal, United Security Bancshares shareholders will receive 0.4520 shares of Community West Bancshares for each share they own. The transaction was completed on April 1, 2026, creating a larger community banking franchise in Central California with approximately $5 billion in total assets.

West Coast Community Bancorp Merges With 1st Capital Bancorp to Form West Coast Community Bank

October 1, 2024

Financial Services

West Coast Community Bancorp (parent of Santa Cruz County Bank) completed its previously announced merger with 1st Capital Bancorp (parent of 1st Capital Bank). The combined institutions plan to rebrand all branches as West Coast Community Bank, with systems conversion expected after closing.

National Bank of Canada to Acquire Canadian Western Bank

June 11, 2024

Financial Services

National Bank of Canada entered into a definitive agreement to acquire all outstanding common shares of Canadian Western Bank in a share-exchange transaction valuing CWB at approximately $5.0 billion. The deal (exchange ratio 0.450 NB shares per CWB share) expands National Bank's footprint in Western Canada, is expected to close by the end of 2025 subject to shareholder and regulatory approvals, and is supported by an approximately $1.0 billion equity financing including a private placement to CDPQ.

CBC Bancorp Acquires Bay Community Bancorp in All-Cash Transaction

May 20, 2024

Financial Services

CBC Bancorp (holding company for Commercial Bank of California) will acquire Bay Community Bancorp (holding company for Community Bank of the Bay) in an all-cash transaction valued at $14.00 per share. Shareholders approved the deal, and the acquisition was later completed, with Community Bank of the Bay becoming a division of CBC.

Banc of California and PacWest Bancorp to Combine in All-Stock Merger with $400M Investment from Warburg Pincus and Centerbridge

July 25, 2023

Financial Services

Banc of California and PacWest Bancorp have signed a definitive agreement to combine in an all‑stock merger under which PacWest will merge into Banc of California. Concurrent with closing, affiliates of Warburg Pincus and Centerbridge will invest $400 million of newly issued equity to support balance‑sheet repositioning and scale the combined California-focused business bank.

TriCo Bancshares Completes Merger with Valley Republic Bancorp

March 25, 2022

Financial Services

TriCo Bancshares completed its previously announced merger with Valley Republic Bancorp, with Valley merged into TriCo as of March 25, 2022. Under the merger agreement dated July 27, 2021, each share of Valley common stock was converted into the right to receive 0.95 shares of TriCo common stock, with cash paid for fractional shares.