SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission file Number 0-24682
(Check one)
| | Form 10-K and Form 10-KSB | | Form 11-K
| | Form 20-F |X| Form 10-Q and Form 10-QSB | | Form N-SAR
For the period ended June 30, 1998
| | Transition Report on Form 10-K and Form 10-KSB
| | Transition Report on Form 20-F
| | Transition Report on Form 11-K
| | Transition Report on Form 10-Q and Form 10-QSB
| | Transition Report on Form N-SAR
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
Not Applicable
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PART I REGISTRANT INFORMATION
Community West Bancshares
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Full Name of Registrant
Not Applicable
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Former Name if Applicable
5638 Hollister Avenue
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Address of Principal Executive Office (Street and Number)
Goleta, California 93117
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City, State and Zip Code
PART II RULES 12B-25(B) AND (C)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if appropriate)
|X| (a) The reasons described in detail in Part III of this form could not
be eliminated without unreasonable effort or expense;
|X| (b) The subject annual report, semi-annual report, transition report
of Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th calendar day
following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, 10-QSB, or portion
thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
|X| (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
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PART III NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
Community West Bancshares (the "Company" or "Registrant") encountered late
issues regarding the applicable calculation of the regulatory capital levels of
its wholly-owned subsidiary, Goleta National Bank (the "Bank"). The Company is
in the process of reviewing the calculation of the Bank's capital levels. The
Company has not completed such review, and because it has been focusing its
attention and resources on completing such review, it will not be able to
complete its Form 10-Q for the period ended September 30, 1999 without
unreasonable effort or expense prior to the due date of such Form 10-Q.
In accordance with Rule 12(b)-25(b)(2) of the Securities and Exchange Act of
1934, as amended, and pursuant to Part II(b) of this Form 12b-25, the Registrant
undertakes to file its Form 10-Q for the period ended September 30, 1999 within
5 calendar days following the Form 10-Q's prescribed due date of November 14,
1999.
PART IV OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Lynda Pullon Radke (805) 692-5821
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or
for such shorter period that the registrant was required to file
such report(s) been filed? If the answer is no, identify report(s).
X Yes No
--- ---
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof?
X Yes No
--- ---
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
Please see response to Part III. A reasonable estimate of the
results cannot be made at this time because the Company has not finished
conducting the review of its financial statements as set fourth in
the response to Part III.
Community West Bancshares
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date November 15, 1999 By /s/ Lynda Pullon Radke
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Lynda Pullon Radke
Senior Vice President and
Chief Financial Officer
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