Central Valley Community Bancorp (CVCY)

Central Valley Community Bancorp was established on November 15, 2000 as the holding company for Central Valley Community Bank and is registered as a bank holding company with the Board of Governors of the Federal Reserve System. Central Valley Community Bank, headquartered in Fresno, California, was founded in 1979 and is the sole subsidiary of Central Valley Community Bancorp. Central Valley Community Bank operates full-service offices throughout California's San Joaquin Valley and Greater Sacramento regions.

Company profile

Ticker

CVCY

Exchange

NASDAQ

Website

www.cvcb.com

CEO

Jamie M. Ford

Incorporated

California

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc • SVB Financial • Commerce Bancshares ...

Former names

CENTRAL VALEY COMMUNITY BANCORP

SEC CIK

0001127371

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

770539125

CVCY stock data

1M 1Y 5Y

News

From Benzinga Pro

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30 Jun 22

On Thursday, 588 stocks hit new 52-week lows.

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29 Jun 22

During Wednesday's session, 340 companies made new 52-week lows.

Stocks That Hit 52-Week Lows On Monday

13 Jun 22

During Monday's trading, 1214 companies set new 52-week lows.

Stocks That Hit 52-Week Lows On Friday

10 Jun 22

Stocks That Hit 52-Week Lows On Tuesday

24 May 22

Press releases

From Benzinga Pro

Central Valley Community Bancorp Reports Earnings Results for the Quarter and Six Months Ended June 30, 2022, and Quarterly Dividend

20 Jul 22

The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ:CVCY), the parent company of Central Valley Community Bank (CVCB), reported today results for the six months and quarter ended June 30, 2022,

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

3 Aug 22

15 Aug 22

31 Dec 22

Financial summary

Financial statements Chart CVCY financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	27.23M	27.23M	27.23M	27.23M	27.23M	27.23M
Cash burn (monthly)	20.53M	7.79M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	31.3M	11.87M	n/a	n/a	n/a	n/a
Cash remaining	-4.07M	15.36M	n/a	n/a	n/a	n/a
Runway (months of cash)	-0.2	2.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

CVCY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Jul 22	Jeffrey Michael Martin	CVCY Common Stock	Buy	Acquire P	No	No	15	725	10.88K	3,591
15 Jun 22	David A Kinross	CVCY Common Stock	Grant	Acquire A	No	No	16.08	1,866	30.01K	26,052
15 Jun 22	Jeffrey Michael Martin	CVCY Common Stock	Grant	Acquire A	No	No	16.08	1,866	30.01K	2,866
15 Jun 22	Blaine Lauhon	CVCY Common Stock	Grant	Acquire A	No	No	16.08	1,866	30.01K	13,758
15 Jun 22	Patrick A Luis	CVCY Common Stock	Grant	Acquire A	No	No	16.08	1,866	30.01K	18,224

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CVCY institutional ownership history Ownership history

48.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	71	67	+6.0%
Opened positions	13	5	+160.0%
Closed positions	9	5	+80.0%
Increased positions	20	15	+33.3%
Reduced positions	20	30	-33.3%

13F shares	Current	Prev Q	Change
Total value	591.11M	522.32M	+13.2%
Total shares	5.66M	5.44M	+4.1%
Total puts	0	0
Total calls	12K	0	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Private Management	703.35K	$16.42M	-0.2%
Dimensional Fund Advisors	541.56K	$12.65M	+2.5%
Manufacturers Life Insurance Company, The	517.76K	$12.09M	+13.7%
Vanguard	466.87K	$10.9M	+4.3%
FMR	295.61K	$6.9M	-21.3%
AMP Ameriprise Financial	288.94K	$6.75M	+4.7%
Kennedy Capital Management	249.76K	$5.83M	+0.4%
Systematic Financial Management	225.65K	$5.27M	+14.5%
State Of Wisconsin Investment Board	204.4K	$4.77M	0.0%
Hotchkis & Wiley Capital Management	191.83K	$4.48M	-1.6%

Largest transactions	Shares	Bought/sold	Change
rhino investment partners	146.28K	+128.41K	+718.7%
Basswood Capital Management, L.L.C.	110.34K	+110.34K	NEW
FMR	295.61K	-80.15K	-21.3%
Alliancebernstein	0	-69.09K	EXIT
Manufacturers Life Insurance Company, The	517.76K	+62.24K	+13.7%
Context BH Capital Management	158.34K	-55.98K	-26.1%
Siena Capital Partners GP	0	-39.35K	EXIT
Systematic Financial Management	225.65K	+28.6K	+14.5%
Ergoteles	0	-23.33K	EXIT
Two Sigma Advisers	42.2K	+23.1K	+120.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Total assets were $2,353,592,000 as of June 30, 2022, compared to $2,450,139,000 at December 31, 2021, a decrease of 3.94% or $96,547,000. Total gross loans were $1,135,964,000 at June 30, 2022, compared to $1,039,111,000 at December 31, 2021, an increase of $96,853,000 or 9.32%. The total investment portfolio (including Federal funds sold and interest-earning deposits in other banks) decreased 18.13% or $226,810,000 to $1,023,869,000 at June 30, 2022 compared to $1,250,679,000 at December 31, 2021. Total deposits decreased 0.79% or $16,800,000 to $2,105,997,000 at June 30, 2022, compared to $2,122,797,000 at December 31, 2021. Shareholders’ equity decreased $77,592,000 or 31.31% to $170,253,000 at June 30, 2022, compared to $247,845,000 at December 31, 2021. The decrease in shareholders’ equity was driven by the adverse change in the unrealized losses on available-for-sale (AFS) investment securities, dividends paid, and share repurchases, offset by the retention of earnings. Accrued interest payable and other liabilities was $28,492,000 at June 30, 2022, compared to $40,043,000 at December 31, 2021, a decrease of $11,551,000.