Robert ?Bob? Hahn, President and CEO of Community Valley Bank (OTCBB: CMUV), announced for the second quarter of 2010 that the bank's total assets grew to $56.8 million. This is an 18 percent growth from the end of March 31, 2010. Community Valley Bank's (CVB) growth has continued every quarter since the Bank was chartered on October 1, 2007.

Deposits also grew to $48.2 million from $39.4 million at the end of this year's first quarter. Gross loans increased by $2.2 million to $37.6 million, a 6 percent increase in three months. The bank's loss decreased to $199,000 from $214,000 at March 31, 2010.

CVB retains a tier one leverage capital ratio of 13.07 percent, which exceeds the Federal Deposit Insurance Corporation's (FDIC) regulatory requirements. To be considered well-capitalized, a bank must have over 10 percent. CVB's loan loss reserve to total loans is 1.73 percent.

?Our entire team is focusing on becoming profitable. Despite the weak economy, we are making progress toward profitability. We are proud to report that we recently broke ground for our first permanent branch location in Brawley, California,? said Bob Hahn

The book value of CVB stock is $5.40 per share and our stock traded at $3.25 per share as of June 30, 2010.

     
At June 30, 2010At March 31, 2010
Consolidated Financial Condition Data
Assets $ 56,894,115 $ 47,636,673
Loans receivable-net 36,932,629 34,916,904
Cash and cash equivalents 17,715,832 8,503,473
Investment securities 510,335 495,115
Deposits 48,210,991 39,353,937
Federal Home Loan Bank Stock, at Cost 180,600 162,200
Stockholders' equity-net 7,316,627 7,496,165
 
At June 30, 2010At March 31, 2010
Selected Consolidated Earnings Data
Total interest income $ 1,268,337 $ 627,054
Total interest expense 223,655 105,183
Net interest income 1,044,682 521,871
Provision of losses on loans 78,189 54,000
Net interest income after provision for losses on loans 966,493 467,871
Total other income (Noninterest income) 282,588 131,317
General, administrative and other expenses 1,662,887 814,249
Income tax expense (benefit) 0 0
Net loss $ (413,805 ) $ (215,061 )
 

About Community Valley Bank: Community Valley Bank (www.yourcvb.com) is the Imperial Valley's ONLY locally owned and locally headquartered bank. CVB was chartered as a state bank for Imperial Valley businesses on October 1, 2007, and now has two locations, 203 S. Imperial Avenue in El Centro and 310 Main Street in Brawley, California. Community Valley Bank is a publicly traded company under the symbol CMUV. All investor related inquiries should be directed to Community Valley Bank's Investor Relations Officer, Diana S. Alvarez. She may be contacted at (760) 352-1889.

Please Note: Information is subject to change without notice.

Community Valley Bank
Robert ?Bob? Hahn, Chief Executive Officer
760-352-1889
mediarelations@yourcvb.com