Central Valley Community Bancorp (NASDAQ:CVCY) Files An 8-K Other EventsItem 8.01. Other Events
On July12, 2017, Central Valley Community Bancorp issued a press release announcing Central Community Bancorp and its wholly-owned bank subsidiary, Central Valley Community Bank, have received regulatory approvals from both the FDIC and the California Department of Business Oversight for the merger of Central Valley Community Bank and Folsom Lake Bank. The transaction is subject to the approval of the shareholders of Folsom Lake Bank. Folsom Lake Bank will hold its special shareholder meeting on August10, 2017. The transaction is expected to be completed on October 1, 2017 pending shareholder approval and the satisfaction of other customary closing conditions.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(a) Financial statements:
None
(b) Pro forma financial information:
None
(c) Shell company transactions:
None
(d) Exhibits
99.1 Press Release of Central Valley Community Bancorp dated July12, 2017
CENTRAL VALLEY COMMUNITY BANCORP ExhibitEX-99.1 2 regulatory_approvalxprxfolb.htm EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASECONTACT: Debbie Nalchajian-Cohen(559) 222-1322 or (559) 281-1312 cellCENTRAL VALLEY COMMUNITY BANCORP RECEIVES REGULATORYAPPROVALS TO ACQUIRE FOLSOM LAKE BANKFRESNO,…To view the full exhibit click here
About Central Valley Community Bancorp (NASDAQ:CVCY)
Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank. The Bank conducts a commercial banking business, which includes accepting demand, savings and time deposits and making commercial, real estate and consumer loans. It provides domestic and international wire transfer services and provides safe deposit boxes and other customary banking services. It operates over 20 full-service banking offices in Clovis, Exeter, Fresno, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Sacramento, Stockton, Tracy and Visalia.
