UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event reported): June 1, 2010
Commission File Number: 000-23575
COMMUNITY WEST BANCSHARES
(Exact name of registrant as specified in its charter)
| California | 77-0446957 | |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| 445 Pine Avenue, Goleta, California | 93117 | |
| (Address of principal executive offices) | (Zip code) |
(805) 692-5821
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General instruction A.2.below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders
The Company held its 2010 annual meeting of shareholders (“Meeting”) on May 27, 2010. There were issued and outstanding and entitled to vote at the Annual Meeting 5,915,130 shares of common stock. There were present in person or by proxy, holders of record of shares of common stock representing 4,442,368 shares. The matters set forth below were voted upon:
Proposal No. 1 – Election of Directors
The election of eight nominees for the Board of Directors who will serve for a one-year term was voted on by the stockholders. The Inspector of Elections certified the following vote tabulations for the nominees, all of whom were elected:
| Votes For | Votes Withheld | Non Votes | ||||||||||
| Robert H. Bartlein | 3,246,227 | 45,996 | 1,150,145 | |||||||||
| Jean W. Blois | 3,270,404 | 21,819 | 1,150,145 | |||||||||
| John D. Illgen | 3,272,695 | 19,528 | 1,150,145 | |||||||||
| Lynda J. Nahra | 3,249,197 | 43,026 | 1,150,145 | |||||||||
| William R. Peeples | 3,280,695 | 11,528 | 1,150,145 | |||||||||
| James R. Sims, Jr. | 3,272,134 | 20,089 | 1,150,145 | |||||||||
| Kirk B. Stovesand | 3,254,927 | 37,296 | 1,150,145 | |||||||||
| C. Richard Whiston | 3,278,695 | 13,528 | 1,150,145 | |||||||||
Proposal No. 2 – A Non-Binding Resolution To Approve The Compensation Of The Named Executive Officers
The Inspector of Elections certified the following vote tabulations for the proposal which passed with more than the required number of “for” votes:
| Votes For | Votes Against | Votes Withheld | ||||||||||
| 4,319,724 | 78,193 | 44,451 | ||||||||||
Proposal No. 3 - Ratification Of The Company’s Independent Auditors.
The Inspector of Elections certified the following vote tabulations for the proposal which passed with more than the required number of “for” votes:
| Votes For | Votes Against | Votes Withheld | ||||||||||
| 4,403,596 | 30,210 | 8,562 | ||||||||||
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: June 1, 2010 COMMUNITY WEST BANCSHARES
| By: | /s/Charles G. Baltuskonis |
Charles G. Baltuskonis
Executive Vice President and
Chief Financial Officer