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<title>cvcy-20210120</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" format="ixt:booleanfalse" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF80L2ZyYWc6MjJiMzVjMzQzYzkxNDMwOWE3NmIwZTk0MjBiNWI1ZWEvdGFibGU6ZjYxOWU0ZTYzNmM3NGI5Njg5NDdkNmJlMjg0M2IwZTkvdGFibGVyYW5nZTpmNjE5ZTRlNjM2Yzc0Yjk2ODk0N2Q2YmUyODQzYjBlOV8xMC0xLTEtMS0w_d5d5323e-713c-421f-ae78-b5506a7268a5">FALSE</ix:nonNumeric><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF80L2ZyYWc6MjJiMzVjMzQzYzkxNDMwOWE3NmIwZTk0MjBiNWI1ZWEvdGFibGU6ZjYxOWU0ZTYzNmM3NGI5Njg5NDdkNmJlMjg0M2IwZTkvdGFibGVyYW5nZTpmNjE5ZTRlNjM2Yzc0Yjk2ODk0N2Q2YmUyODQzYjBlOV8xMS0xLTEtMS0w_282f254e-084f-433c-9337-ba508b3449f5">0001127371</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="cvcy-20210120.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001127371</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-01-20</xbrli:startDate><xbrli:endDate>2021-01-20</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="i5345943eb01a4a609f071f8b0a78e9ed_D20200101-20200630"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001127371</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2020-01-01</xbrli:startDate><xbrli:endDate>2020-06-30</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i599995f963c34516b870500f895566b0_1"></div><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:77.631%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%">UNITED STATES<br/>SECURITIES AND EXCHANGE COMMISSION</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Washington, D.C.  20549</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%">FORM <ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6ZmFiZTg1Y2IwNTFlNGFkNzkyZWE2YmQ4NGYxYzk4YjYvdGFibGVyYW5nZTpmYWJlODVjYjA1MWU0YWQ3OTJlYTZiZDg0ZjFjOThiNl8yLTAtMS0xLTAvdGV4dHJlZ2lvbjo4NmEyYTU3NGFkYTQ0MDA4YjFkNDllZWE3MmZiN2U1YV85_d7ea5ab4-f4b2-4220-8746-585d04f12785">8-K</ix:nonNumeric></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">CURRENT REPORT</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Pursuant to Section 13 or 15(d) of the<br/>Securities Exchange Act of 1934</span></td></tr></table></div><div style="-sec-extract:summary;margin-top:15pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Date of Report: <ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGV4dHJlZ2lvbjpkMjliODEyMTE2YzA0ZDRiYTNiMjBiNTAzYzJhYTJkYl8yNDcw_aea2a60e-68b5-49db-9667-55c9dde53187">January 20, 2021</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Date of earliest event reported)</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.760%"><tr><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml8wLTAtMS0xLTA_b68536e6-3367-4753-b1f4-04a2057e1155">Central Valley Community Bancorp</ix:nonNumeric></span></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Exact name of registrant as specified in its charter)</span></td></tr><tr style="height:9pt"><td colspan="15" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml8zLTAtMS0xLTAvdGV4dHJlZ2lvbjoyNDJmYzBhYzhiNjc0NGJkYWNkZDNiMTNiNGVjMGRiNF81_b847fdfb-b7df-44e0-83a8-34b3ce116b86">CA</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(State or other jurisdiction</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">of incorporation)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml8zLTItMS0xLTAvdGV4dHJlZ2lvbjpkMGY3ODUxZTRmNDQ0ZjdhYjQ1MmZmODY5ZGE3YWUxZl81_f8698737-ca69-4f39-a014-2afa9cb1d5d1">000-31977</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Commission File Number)</span></div></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml8zLTMtMS0xLTAvdGV4dHJlZ2lvbjpjNTI5MmQwYTI4YjU0MmVjOGNhMDUzNDhlMDAzODNiNV81_5f456674-84d9-4f89-b27f-d30d4f912da2">77-0539125</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(IRS Employer</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Identification Number)</span></div></td></tr><tr style="height:6pt"><td colspan="15" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml81LTAtMS0xLTAvdGV4dHJlZ2lvbjoyMzZjNzcwMTU3N2U0NWU0ODU1M2FkNWM2Y2RkZDQ4ZF81_144f6485-0db9-4f5d-87f3-b8f2bf0825b0">7100 N. Financial Dr., Ste. 101</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml81LTAtMS0xLTAvdGV4dHJlZ2lvbjoyMzZjNzcwMTU3N2U0NWU0ODU1M2FkNWM2Y2RkZDQ4ZF85_06afa6d9-ec65-420c-9868-69e7b80b7fed">Frenso</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml81LTAtMS0xLTAvdGV4dHJlZ2lvbjoyMzZjNzcwMTU3N2U0NWU0ODU1M2FkNWM2Y2RkZDQ4ZF8xMw_8105f460-da0b-4914-b797-8833c330db0b">CA</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Address of principal executive offices)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml81LTMtMS0xLTAvdGV4dHJlZ2lvbjphNzMzMGIxOTIwMTQ0ZTM3OWI4MzhhOGVhNGMzMTM3ZF80_1366fff1-7777-49cc-b108-01095ad698d9">93720</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Zip Code)</span></div></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjU5OTk5NWY5NjNjMzQ1MTZiODcwNTAwZjg5NTU2NmIwL3NlYzo1OTk5OTVmOTYzYzM0NTE2Yjg3MDUwMGY4OTU1NjZiMF8xL2ZyYWc6ZDI5YjgxMjExNmMwNGQ0YmEzYjIwYjUwM2MyYWEyZGIvdGFibGU6NjlkZmUwYzgzOGE4NGFhYjhkMzcwZmRjZGU1Mjg1NjIvdGFibGVyYW5nZTo2OWRmZTBjODM4YTg0YWFiOGQzNzBmZGNkZTUyODU2Ml82LTAtMS0xLTAvdGV4dHJlZ2lvbjoxZTc1NDdjNDEwNWM0NjNhYjhjMjExNmM4ODg2NTk2OF81_da28c92a-9c53-4a1f-a639-fd74fcc1be1f">559</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">-</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ib5c515da12ee4729992d1d76208d395b_D20210120-20210120" name="dei:LocalPhoneNumber" 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Ford.&#160; Mr.&#160;Ford&#8217;s salary for 2021 will increase to $374,000.  The Compensation Committee also approved payment of annual incentive bonus awards to each of the Company&#8217;s executive officers in respect to their individual performance for the year ended December&#160;31, 2020.&#160; The annual incentive awards were made pursuant to the Company&#8217;s Management Committee Incentive Plan for executive management.</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following awards, payable in cash and shares of Central Valley Community Bancorp common stock, were granted:</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:62.243%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.630%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.630%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.631%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Component</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares of Common Stock</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">James M. Ford, President and Chief Executive Officer</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183,019&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91,509&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,146&#160;</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">David A. Kinross, Executive Vice President and Chief Financial Officer</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78,834&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67,009&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">794&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">James J. Kim, Executive Vice President and Chief Operating Officer</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80,641&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,545&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">812&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Blaine C. Lauhon, Executive Vice President, Market Executive</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,454&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,986&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">569&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Committee also approved increases in the annual base salaries of the Company&#8217;s executive officers.&#160; The Committee approved the following base salaries effective as of February&#160;21, 2021:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:98.684%"><tr><td style="width:1.0%"></td><td style="width:85.270%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.530%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">David A. Kinross, Executive Vice President and Chief Financial Officer</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">246,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">James J. Kim, Executive Vice President and Chief Operating Officer</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251,638&#160;</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Blaine C. Lauhon, Executive Vice President, Market Executive</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">209,000&#160;</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:5.781%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.453%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:57.466%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dated:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">January 22, 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">CENTRAL VALLEY COMMUNITY BANCORP</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline">&#160;/s/ David A. Kinross &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160; &#160; &#160;David A. Kinross</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160; &#160; &#160;Executive Vice </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">President and Chief Financial Officer </span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Principal Accounting Officer)</span></div></td></tr></table></div><div><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span><br/></span></div></div></div></body></html>
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cvcy-20210120
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:
January 20, 2021
(Date of earliest event reported)
Central Valley Community Bancorp
(Exact name of registrant as specified in its charter)
CA
(State or other jurisdiction
of incorporation)
000-31977
(Commission File Number)
77-0539125
(IRS Employer
Identification Number)
7100 N. Financial Dr., Ste. 101
,
Frenso
,
CA
(Address of principal executive offices)
93720
(Zip Code)
559
-
298-1775
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Common Stock, no par value
CVCY
NASDAQ
(Title of Each Class)
(Trading Symbol)
(Name of Each Exchange on which Registered)
Not Applicable
(Former Name or Former Address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act
o
Item 5.02 (e) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
On January 20, 2021, the Executive and Directors' Resources Committee ("Compensation Committee") of the Board of Directors of Central Valley Community Bancorp (the "Company"), approved the base salary of the Company's President and Chief Executive Officer, James M. Ford.  Mr. Ford's salary for 2021 will increase to $374,000.  The Compensation Committee also approved payment of annual incentive bonus awards to each of the Company's executive officers in respect to their individual performance for the year ended December 31, 2020.  The annual incentive awards were made pursuant to the Company's Management Committee Incentive Plan for executive management.
The following awards, payable in cash and shares of Central Valley Community Bancorp common stock, were granted:
Total Value
Cash Component
Shares of Common Stock
James M. Ford, President and Chief Executive Officer
$
183,019
$
91,509
6,146
David A. Kinross, Executive Vice President and Chief Financial Officer
$
78,834
$
67,009
794
James J. Kim, Executive Vice President and Chief Operating Officer
$
80,641
$
68,545
812
Blaine C. Lauhon, Executive Vice President, Market Executive
$
56,454
$
47,986
569
The Committee also approved increases in the annual base salaries of the Company's executive officers.  The Committee approved the following base salaries effective as of February 21, 2021:
David A. Kinross, Executive Vice President and Chief Financial Officer
$
246,000
James J. Kim, Executive Vice President and Chief Operating Officer
$
251,638
Blaine C. Lauhon, Executive Vice President, Market Executive
$
209,000
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated:
January 22, 2021
CENTRAL VALLEY COMMUNITY BANCORP
By:
/s/ David A. Kinross
David A. Kinross
Executive Vice
President and Chief Financial Officer
(Principal Accounting Officer)