Community West Bancshares (CWBC) completed its merger with United Security Bancshares (USB) on April 1, 2026, with CWBC as the surviving company. United Security Bank, a wholly-owned subsidiary of USB, merged into Community West Bank, a wholly-owned subsidiary of CWBC, with Community West Bank surviving. USB shareholders received 0.4520 shares of CWBC common stock for each USB share, with cash paid in lieu of fractional shares. The merger consideration was valued at approximately $185.5 million, or $10.53 per USB common share, based on CWBC's closing price of $23.30 on March 31, 2026. The combined company, Community West Bancshares, now has approximately $5 billion in total assets and operates full-service Banking Centers across 13 counties and 31 communities in Central California. USB common stock was delisted from NASDAQ on April 1, 2026, and CWBC, as successor, intends to file a Form 15 to deregister USB common stock and suspend its reporting obligations. The merger received all required regulatory approvals and shareholder approvals from both companies on March 30, 2026.