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The Treasury Department plans to auction its remaining stakes in 16 banks as it continues to unwind its holdings from the Troubled Asset Relief Program.
May 30 -
Community West Bancshares in Goleta, Calif., has yet another chief executive, marking its third CEO in less than a year.
March 23 -
Truman Bank of St. Louis has been undercapitalized since late last year and the Federal Reserve Board has issued a Prompt Corrective Action order saying said it has 90 days to either bolster its capital levels or find a buyer.
April 24 -
Community West Bank in Goleta, Calif., is under orders from its regulator to beef up its capital levels and improve oversight of its loan portfolio.
February 1
The Federal Reserve Board has approved Community West Bancshares' (CWBC) request to pay dividends on preferred stock.
An April 2012
Community West's written agreement with the Fed requires the $532 million-asset company to develop a capital plan. The company is also operating under a January 2012
The company had a 12.1% Tier 1 leverage ratio and a 17.62% total risk-based capital ratio as of Sept. 30, according to the release.
Community West reported earnings of $2.6 million in the third quarter, up 24% from the same period in 2012. It earned $5.9 million in the first nine months of the year, a 600% increase from the first nine months of the previous year.
