A Brief History of Central Valley Community Bancorp (CVCY)

Central Valley Community Bancorp, commonly known as CVCY, is a bank holding company based in California. The company was founded in 2000 and has since become a prominent financial institution in the Central Valley region.

Here are some key points in the history of Central Valley Community Bancorp:

• 2000: Central Valley Community Bancorp was founded with the mission to provide banking services to businesses and individuals in the Central Valley region of California.
• 2005: The company went public and began trading on the NASDAQ stock exchange under the ticker symbol CVCY.
• 2010: Central Valley Community Bancorp acquired Visalia Community Bank, expanding its reach and customer base in the Central Valley region.
• 2015: The company celebrated its 15th anniversary and continued to grow its presence in the communities it serves.
• 2020: Despite the challenges posed by the COVID-19 pandemic, Central Valley Community Bancorp remained committed to supporting its customers and communities through various relief programs and initiatives.

Who Owns Central Valley Community Bancorp (CVCY)

Central Valley Community Bancorp (CVCY) is a publicly traded company, meaning that it is owned by its shareholders. These shareholders are individuals, institutional investors, and other entities that have purchased shares of the company on the open market.

As of the most recent data available, the largest shareholders of Central Valley Community Bancorp include:

• Dimensional Fund Advisors LP
• The Vanguard Group, Inc.
• BlackRock Inc.
• State Street Corporation
• Geode Capital Management, LLC

It's important to note that ownership of a publicly traded company can change frequently as shareholders buy and sell shares on the open market. This means that the list of top shareholders is subject to change.

Central Valley Community Bancorp (CVCY) Mission Statement

Central Valley Community Bancorp (CVCY) is committed to being the leading financial services provider in the Central Valley region of California. Our mission is to build relationships with our customers, employees, and communities through trust, integrity, and professionalism.

• Customer focus: We strive to provide exceptional service and innovative financial solutions to meet the needs of our customers.
• Employee development: We invest in our employees through training and development programs to help them reach their full potential.
• Community involvement: We are dedicated to giving back to the communities we serve through volunteerism, donations, and support of local organizations.
• Financial strength: We aim to maintain a strong financial position to ensure the long-term success and stability of our organization.

How Central Valley Community Bancorp (CVCY) Works

Central Valley Community Bancorp (CVCY) is a bank holding company based in California that operates through its wholly owned subsidiary, Central Valley Community Bank. The company provides a range of banking products and services to individuals, businesses, and non-profit organizations in the Central Valley region of California.

Central Valley Community Bancorp (CVCY) works by offering a variety of financial services, including checking and savings accounts, loans, credit cards, and wealth management services. The company prides itself on its personalized approach to banking and its commitment to serving the needs of the local community.

• Personal Banking: Central Valley Community Bancorp (CVCY) offers personal banking services that are tailored to meet the individual needs of each customer. This includes checking and savings accounts, as well as online and mobile banking options for added convenience.
• Business Banking: For businesses, Central Valley Community Bancorp (CVCY) provides a range of products and services to support their financial needs. This includes business checking and savings accounts, business loans, merchant services, and cash management solutions.
• Wealth Management: The company also offers wealth management services to help customers grow and protect their assets. This includes investment advisory services, retirement planning, estate planning, and trust services.

Overall, Central Valley Community Bancorp (CVCY) works by providing a comprehensive suite of financial services that are designed to meet the diverse needs of its customers. The company is dedicated to building long-lasting relationships with its clients and helping them achieve their financial goals.

How Central Valley Community Bancorp (CVCY) Makes Money

Central Valley Community Bancorp (CVCY) generates revenue primarily through its banking operations. Here are some key ways the company makes money:

• Interest Income: The primary source of revenue for Central Valley Community Bancorp is the interest earned on loans and investments. When the company lends money to businesses or individuals, it charges interest on the amount borrowed. Similarly, the company earns interest on its investment securities and other interest-earning assets.
• Non-Interest Income: In addition to interest income, Central Valley Community Bancorp also generates revenue from non-interest sources. This includes fees and service charges on products such as deposit accounts, loans, and other financial services. The company may also earn income from wealth management services, insurance products, and other fee-based services.
• Net Interest Margin: Central Valley Community Bancorp's net interest margin is a key metric that indicates the difference between the interest income earned on loans and investments and the interest expense paid on deposits and other liabilities. A higher net interest margin indicates that the company is earning more from its interest-earning assets than it is paying out in interest expenses.
• Loan Portfolio: Central Valley Community Bancorp's loan portfolio is a significant driver of its revenue. The company offers a variety of loan products to commercial and individual customers, including commercial real estate loans, construction loans, agricultural loans, and consumer loans. The interest earned on these loans contributes to the company's overall revenue.
• Deposit Accounts: Central Valley Community Bancorp gathers funds through deposit accounts, such as savings accounts, checking accounts, money market accounts, and certificates of deposit. By attracting deposits, the company can use these funds to make loans and investments, earning interest income in the process.