Capital Corp Of The West (CCOW) 8-K Other Events

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF CALIFORNIA

In re: Capital Corp of the West	Case no.: 09-14298-B-11F
	MONTHLY REPORT OF OPERATIONS

MONTH ENDING30-Sep 2009

     Debtor in possession hereby submits its Monthly Report on the Cash Basis of accounting.

CASH BASIS

     Attached hereto are the following schedules:

A.  Cash Receipts and Cash Disbursements	X
B.  Summary of Receipts & Disbursements to Date	X
C.  Balance in Debtor in Possession Account	X
D.  Balance in Tax Account	N/A
E.  Balance in Citibank DIP Account	X
F.  Post Petition Debts	N/A
G.  Accounts Receivable Balance	N/A
H.  Inventory Balance	N/A
I.   Federal and State Taxes	N/A
J.   Monthly Operating Statement Questionnaire	X
K.  Other Appropriate Schedules	X

NOTES:	Schedules A, B, C, F, I & JMUST be filed.
	Attach Schedules D, E, G, H & K if they are maintained in the ordinary course of the business.

(MOR-1:6/90)

SCHEDULE A
CASH RECEIPTS AND DISBURSEMENTS

RECEIPTS

Cash sales	N/A
Rents collected	N/A
Accounts receivable collected	—
Other receipts (describe):
a.
b.
1. TOTAL RECEIPTS		$	—

DISBURSEMENTS

Payments to vendors for merchandise		N/A
Net payroll paid		52,981.30
Payroll taxes paid/deposited to tax account:
Employee withholdings		N/A
Employer portion		N/A
Sales taxes paid/deposited to tax account		N/A
Other disbursements (describe):
a. Computer & Internet Costs	$	308.39
b. Office Supplies		522.52
c. Travel Expenses		—
d. Public Disclosure Issuance Costs		—
e. Rent Expense		1,280.00
f. Telephone Expense		100.82
g. General Liability Insurance		—
h. U. S Trustee Fees		—
i. Shareholder Registrationh & Maintenance		—
j. Tax Return Preparation		14,720.00
k. Creditor’s Committee Legal Fees		—
l. Director Fees		2,100.00
Miscellaneous (attach listing)
Living allowance or draw		N/A
2. TOTAL DISBURSEMENTS			$	72,013.03
3. Receipts OVER or (UNDER) disbursements			$	72,013.03

(MOR-l:6/90)

SCHEDULE B
SUMMARY OF CASH TRANSACTIONS
SINCE FILING PETITION

4. Total receipts to date	$	—
(Prior month Schedule B line 4 plus current month Schedule A line 1)
5. Total disbursements to date	$	—
(Prior month Schedule B line 5 plus current month Schedule A line 2)
6. Net receipts over (under) disbursements	$	—

SCHEDULE C — SEE ATTACHED SPREADSHEET
BALANCE IN DEBTOR IN POSSESSION ACCOUNT

Balance at end of last month	$	6,908,036.72
Net transactions for this month (Line 3 — Schedule A)		(72,013.03	)
Balance at end of this month	$	6,836,023.69

SCHEDULE D — SEE ATTACHED SPREADSHEET
BALANCE IN TAX ACCOUNT

Balance at end of last month	$	—
Add deposits from general account		—
Subtotal	$	—
Deduct payments to taxing agencies
Balance at end of this month	$	—

SCHEDULE E — SEE ATTACHED SPREADSHEET
BALANCE IN____________________ACCOUNTS

Balance at end of last month	$	—
Add deposits from general account		—
Subtotal	$	—
Deduct disbursements		—
Balance at end of this month	$	—

(MOR-1:6/90)

SCHEDULE F
POST PETITION DEBTS

Balance at end of last month----------Not Applicable	$	—
Add debts incurred this month
Subtotal	$	—
Deduct payments made this month on this balance		—
Subtotal	$	—
Adjustments(Explain on separate sheet)		—
Balance at end of this month.(Attach listing)	$	—

SCHEDULE G
ACCOUNTS RECEIVABLE BALANCE

Balance of receivables at end of last month----------Not Applicable	$	—
Add new receivables for this month		—
Subtotal	$	—
Deduct accounts collected(From Schedule A)		—
Subtotal	$	—
Adjustments(Explain on separate sheet)		—
Balance at end of this month(Attach listing)	$	—

SCHEDULE H
INVENTORY AND COST OF GOODS SOLD

Inventory balance at end of last month----------NotApplicable	$	—
Add merchandise purchase		—
Total inventory available	$	—
Adjustments (Explain on separate sheet)		—
Less inventory balance at end of this month		—
Total (Cost of goods sold)	$	—

(MOR-1:6/90)

SCHEDULE I
FEDERAL AND STATE TAXES

1. Tax balance at end of last month----------Not Applicable $ —

PAYROLL TAX LIABILITY THIS MONTH:

Period:      o Weekly      o Biweekly     o Semimonthly      o Monthly

Fed. Employer or S.S. #                               EDD ID#                    

Withholdings:
Federal income tax	$	—
FICA withheld
State income tax
State disability
Employer tax liability:
FICA
Federal unemployment
State unemployment
2. Total payroll taxes due			$	—

SALES TAX LIABILITY THIS MONTH:

State Board of Equalization ID#                                                       

Sales tax liability	$	—
Other (excise, city, business, etc.)
3. Total sales taxes due			$	—

SUMMARY OF TAX PAYMENTS MADE THIS MONTH:

Payee	Date Paid	Bank Acct. #	Check #	Amount
				$	—
4. Total payments made				$	—
Tax balance at end of this month(add line 1+2+3 less line 4)				$	—

(MOR-1:6/90)

SCHEDULE J
MONTHLY OPERATING STATEMENT QUESTIONNAIRE

	Yes	No	N/A
1. Copies of checkbooks or receipts and disbursements listings attached:
Debtor in possession account(Activated As Of June 5)	þ	o	o
Tax account	o	o	þ
Other account	o	o	þ
2. Listing of unpaid post-petition debts (include unpaid professional fees and interest owed)	o	o	þ
3. Have any payments been made to secured creditors or lessors? (If yes—attach listing of payments made)	o	þ
4. (a) Have any payments been made to officers, shareholders, insiders, relatives or professionals?See Attached Payroll Summaries (If yes—attach listing of payments made)	þ	o
(b) Were these payments approved by the court?	þ	o
5. (a) Have any payments been made on prepetition debts? (If yes—attach listing of payments made)	o	þ
(b) Were these payments approved by the court?
6. Do you carry insurance coverage of any kind?	þ	o
Attach copies of declaration pages(Data Previously Provided) Note: If you have previously submitted copies of declaration pages & there have been no changes in coverage initial here (no copies needed)
7. Have U.S. Trustee quarterly fees been paid? (If yes—attach listing of payments made) (If no — attach explanation)	þ	o

DECLARATION OF DEBTOR

I certify under penalty of perjury that the foregoing is true and correct.

October 13, 2009
  Execution Date /s/ David A. Heaberlin
  Debtor in Possession (Signature)

I have reviewed the Monthly Report of Operations and, after making reasonable inquiry, believe
that the information is true and correct.

/s/ David A. Heaberlin
(Signature of Preparer — Attorney or Accountant)

(MOR-1:6/90)

Capital Corp of the West
09-14298-B-11F

Cash/Bank Account	Beginning Balance						Transfers		Ending Balance
Bank & Acct #	31-Jul-09		Receipts		Disbursements		in (+)/out (-)		31-Aug-09
Citibank DIP Accounts (Active as of June 4, 2009):	$	—							$	—
Operating A/C # 9951707360	$	6,482,597.21	$	—	$	72,013.03	$	—	$	6,410,584.18
Federal Tax Refund A/C # 9951707387 (See Note 7 Below)	$	50,000.00	$	—	$	—	$	—	$	50,000.00
California Tax Refund A/C#9951707416 (See Note 7 Below)	$	100.00	$	—	$	—	$	—	$	100.00
Insurance Refund A/C # 9951707424 (See Note 7 Below)	$	375,339.51	$	—	$	—	$	—	$	375,339.51
	$	—							$	—
Total	$	6,908,036.72	$	—	$	72,013.03	$	—	$	6,836,023.69

Notes:
1.	All cash accounts (including petty cash) should be reflected on spreadsheet
2.	Transfers must total zero
3.	Total ending cash on hand must be supported by detailed registers, bank recs, balance sheet, etc.
4.	Net change in cash (receipts less disbursements) must be supported by detailed registers and Schedule A.
5.	Schedules C, D and/or E need not be completed if this spreadsheet is used. Notation should be made on Schedules C, D and/or E to “see attached spreadsheet.”
6.	Beg balance must agree with the prior month’s ending balance or, for the first month only, this amount should agree with the cash on hand as of the filing date.
7.	The Debtor has established segregated bank accounts to hold various funds for which there may be potential competing claims. These accounts (see above analysis) have been established primarily for certain anticipated Federal Income Tax refunds, California State Tax refunds and Insurance refunds. The FDIC has asserted a claim for some or all of these refunds that are ultimately received by the Debtor. The Debtor has previously received a $50,000 Federal Income Tax refund and, in August, received $375,239.51 in Insurance refunds. These August Insurance refunds included $336,988.51 in proceeds related to certain life insurance policies surrendered by County Bank prior to its seizure by the FDIC. These life insurance proceeds were related to certain Supplemental Retirement Plan benefits provided to certain Debtor and County Bank executives under a Rabbi Trust Agreement that provides the assets of the Trust are owned both by the Debtor and County Bank. The remainder of the August Insurance refunds represents $38,251.00 in fire, crime and property insurance refunds on policies previously purchased by the Debtor.
8.	The Debtor has filed Federal and California tax refund requests in the amount of $10.056 milon and and $2.324 million, respectively. The Federal tax refund is currently anticipated to be received in early November while the California tax refunds are currently being subjected to a State of California examination which the Debtor hopes will be completed by December 31, 2009. The above amounts are based on the best information available from the Debtor’s accountants and tax consultants at this time. Given that the Debtor has not yet received these funds and the California refunds are being subjected to audit, the actual recovery on these tax refunds is still uncertain. Moreover, the FDIC has asserted a claim that some or all of these tax refunds are not the property of the Debtor, but instead are the property of the receivership of County Bank. The Debtor disputes this assertion and believes that all or a substantial part of these tax refunds are property of the estate and that any interest that County Bank may have in these tax refunds is owned by the Debtor. Given these uncertainities, these tax refunds have not been included in the Balance Sheet of the Debtor included herein. The Debtor expects to re-evaluate the appropriateness of the inclusion of same upon the actual receipt of these refunds.

4:08 PM
10/07/09
Cash Basis

Capital Corp of the West
Profit & Loss
September 2009

	Sep 09		Aug 09		$ Change
Income
Refunds
Insurance		0.00		375,239.51		-375,239.51
Total Refunds		0.00		375,239.51		-375,239.51
Total Income		0.00		375,239.51		-375,239.51
Expense
Compensation Costs		52,981.30		42,265.27		10,716.03
Computer and Internet Expenses		308.39		306.86		1.53
Director Fees		2,100.00		0.00		2,100.00
Office Supplies		522.52		337.29		185.23
Professional Fees
Creditor’s Committee Legal Fees		0.00		7,356.00		-7,356.00
Tax Return Preparation		14,720.00		42,500.00		-27,780.00
Total Professional Fees		14,720.00		49,856.00		-35,136.00
Public Disclosure Issuance Cost		0.00		1,625.00		-1,625.00
Rent Expense		1,280.00		1,280.00		0.00
Shareholder Registration & Main		0.00		814.00		-814.00
Telephone Expense		100.82		143.95		-43.13
Travel Expense		0.00		440.55		-440.55
Total Expense		72,013.03		97,068.92		-25,055.89
Net Income		-72,013.03		278,170.59		-350,183.62

Page 1

4:10 PM
10/07/09
Cash Basis

Capital Corp of the West
Profit & Loss Detail
September 2009

Type	Date	Num	Name	Memo	Clr	Split	Original Amount		Paid Amount		Balance
Income												0.00
Expense
Compensation Costs
Check	9/1/2009	0000	Administaff	Week Ende		Opearting Ac		10,698.92		10,698.92		10,698.92
Check	9/9/2009	0000	Administaff	Week Ende		Opearting Ac		10,698.92		10,698.92		21,397.84
Check	9/15/2009	0000	Administaff	Week Ende		Opearting Ac		10,698.92		10,698.92		32,096.76
Check	9/21/2009	0000	Administaff	Week Ende		Opearting Ac		10,698.92		10,698.92		42,795.68
Deposit	9/29/2009			Deposit		Opearting Ac		-513.30		-513.30		42,282.38
Check	9/30/2009	0000	Administaff	Week Ende		Opearting Ac		10,698.92		10,698.92		52,981.30
Total Compensation Costs										52,981.30		52,981.30
Computer and Internet Expenses
Check	9/1/2009	5026	Comcast	September		Opearting Ac		308.39		308.39		308.39
Total Computer and Internet Expenses										308.39		308.39
Director Fees
Check	9/15/2009	5027	Jerry E. Calister	July 7 & Sep		Opearting Ac		500.00		500.00		500.00
Check	9/15/2009	5028	Dorothy L. Bizzini	July 7 & Sep		Opearting Ac		400.00		400.00		900.00
Check	9/15/2009	5029	David X. Bonnar	July 7 & Sep		Opearting Ac		200.00		200.00		1,100.00
Check	9/15/2009	5030	Curtis R. Grant	July 7 & Sep		Opearting Ac		400.00		400.00		1,500.00
Check	9/15/2009	5031	John Fawcett	July 7 & Sep		Opearting Ac		400.00		400.00		1,900.00
Check	9/15/2009	5032	Curtis Riggs	July 7 & Sep		Opearting Ac		200.00		200.00		2,100.00
Total Director Fees										2,100.00		2,100.00
Office Supplies
Check	9/30/2009	5037	David Heaberlin			Opearting Ac		522.52		522.52		522.52
Total Office Supplies										522.52		522.52
Professional Fees
Tax Return Preparation
Check	9/15/2009	5033	Oregon Department	Tax Fees Due		Opearting Ac		80.00		80.00		80.00
Check	9/15/2009	5034	The Stanislaus Allia	Tax Credit V		Opearting Ac		140.00		140.00		220.00
Check	9/21/2009	5036	Perry Smith LLP	California &		Opearting Ac		14,500.00		14,500.00		14,720.00
Total Tax Return Preparation										14,720.00		14,720.00
Total Professional Fees										14,720.00		14,720.00
Rent Expense
Check	9/1/2009	5025	Bear Breek Plaza	VOID: Septe	X	Opearting Ac		0.00		0.00		0.00
Check	9/21/2009	5035	Bear Breek Plaza	September		Opearting Ac		1,280.00		1,280.00		1,280.00
Total Rent Expense										1,280.00		1,280.00
Telephone Expense
Check	9/30/2009	5037	David Heaberlin			Opearting Ac		100.82		100.82		100.82
Total Telephone Expense										100.82		100.82
Total Expense										72,013.03		72,013.03
Net Income										-72,013.03		-72,013.03

Schedule J-Question 1

Page 1

WebPayroll — Invoice Report	Page 1 of 1
Invoice Report

CAPITAL CORP OF THE WEST(2606900)	Invoice #: 3019976
2801 G ST	Payroll Date: 09/4/2009
MERCED, CA95340-2133	Payroll #: 1
Payroll Contact: DAVID A HEABERLIN	Payroll Type: REGULAR —1
Report Date: 9/1/2009	Period: 08/29/2009 through 09/4/2009

Billing Groups:
No.	Name	No. EEs		Service Fee %		Payroll Gross		Total Cost
0	UNASSIGNED		2		6.99	$	10,000.00	$	10,698.92
Total Summary:			2			$	10,000.00	$	10,698.92
Total additional charges or credits:								$	0.00
Payroll amount due from client:								$	10,698.92
TOTAL amount due from client:								$	10,698.92

Check #

Check #

Employees

Status

Non DD

DD

Prev/Curr

W/C Code

W/C State

Benefits

Service Fee

Payroll Gross

CUPP, RICHARD

DD/EP

0

0/0

8810C

CA

I

11.29

%

$

2,000.00

HEABERLIN, DAVID

DD/EP

0

0/0

8810C

CA

S

5.92

%

$

8,000.00

Direct Deposit Gross Pay:

$

10,000.00

Check Gross Pay:

$

0.00

Non DD	NonDirect Deposit	E	Employee Coverage
DD	Direct Deposit	S	Employee & Spouse Coverage
D	Dental Only	C	Employee & Child Coverage
NH	New Hire	F	Employee & Family Coverage
EP	EPaystub	K	Employee & Children Coverage
C	W/C Cap	W	Coverage Waived
		I	Coverage Not Available

Schedule J - Question 4(a)
Payroll Date - September 4, 2009

WebPayroll — Invoice Report	Page 1 of 1
Invoice Report

CAPITAL CORP OF THE WEST(2606900)	Invoice #: 3022727
2801 G ST	Payroll Date: 09/11/2009
MERCED, CA95340-2133	Payroll #: 1
Payroll Contact: DAVID A HEABERLIN	Payroll Type: REGULAR — 1
Report Date: 9/8/2009	Period: 09/5/2009 through 09/11/2009

Billing Groups:
No.	Name	No. EEs		Service Fee %		Payroll Gross		Total Cost
0	UNASSIGNED		2		6.99	$	10,000.00	$	10,698.92
Total Summary:			2			$	10,000.00	$	10,698.92
Total additional charges or credits:								$	0.00
Payroll amount due from client:								$	10,698.92
TOTAL amount due from client:								$	10,698.92

Check #

Check #

Employees

Status

Non DD

DD

Prev/Curr

W/C Code

W/C State

Benefits

Service Fee

Payroll Gross

CUPP, RICHARD

DD/EP

0

0/0

8810C

CA

I

11.29

%

$

2,000.00

HEABERLIN, DAVID

DD/EP

0

0/0

8810C

CA

S

5.92

%

$

8,000.00

Direct Deposit Gross Pay:

$

10,000.00

Check Gross Pay:

$

0.00

Non DD	Non Direct Deposit	E	Employee Coverage
DD	Direct Deposit	S	Employee & Spouse Coverage
D	Dental Only	C	Employee & Child Coverage
NH	New Hire	F	Employee & Family Coverage
EP	EPaystub	K	Employee & Children Coverage
C	W/C Cap	W	Coverage Waived
		I	Coverage Not Available

Schedule J - Question 4(a)
Payroll Date - September 11, 2009

WebPayroll — Invoice Report	Page 1 of 1
Invoice Report

CAPITAL CORP OF THE WEST(2606900)	Invoice #: 3028738
2801 G ST	Payroll Date: 09/18/2009
MERCED, CA95340-2133	Payroll #: 1
Payroll Contact: DAVID A HEABERLIN	Payroll Type: REGULAR — 1
Report Date: 9/14/2009	Period: 09/12/2009 through 09/18/2009

Billing Groups:
No.	Name	No. EEs		Service Fee %		Payroll Gross		Total Cost
0	UNASSIGNED		2		6.99	$	10,000.00	$	10,698.92
Total Summary:			2			$	10,000.00	$	10,698.92
Total additional charges or credits:								$	0.00
Payroll amount due from client:								$	10,698.92
TOTAL amount due from client:								$	10,698.92

Check #

Check #

Employees

Status

Non DD

DD

Prev/Curr

W/C Code

W/C State

Benefits

Service Fee

Payroll Gross

CUPP, RICHARD

DD/EP

0

0/0

8810C

CA

I

11.29

%

$

2,000.00

HEABERLIN, DAVID

DD/EP

0

0/0

8810C

CA

S

5.92

%

$

8,000.00

Direct Deposit Gross Pay:

$

10,000.00

Check Gross Pay:

$

0.00

Non DD	NonDirect Deposit	E	Employee Coverage
DD	Direct Deposit	S	Employee & Spouse Coverage
D	Dental Only	C	Employee & Child Coverage
NH	New Hire	F	Employee & Family Coverage
EP	EPaystub	K	Employee & Children Coverage
C	W/C Cap	W	Coverage Waived
		I	Coverage Not Available

Schedule J - Question 4(a)
Payroll Date - September 18, 2009

WebPayroll — Invoice Report	Page 1 of 1
Invoice Report

CAPITAL CORP OF THE WEST(2606900)	Invoice #: 3032045
2801 G ST	Payroll Date: 09/25/2009
MERCED, CA95340-2133	Payroll #: 1
Payroll Contact: DAVID A HEABERLIN	Payroll Type: REGULAR — 1
Report Date: 9/21/2009	Period: 09/19/2009 through 09/25/2009

Billing Groups:
No.	Name	No. EEs		Service Fee %		Payroll Gross		Total Cost
0	UNASSIGNED		2		6.99	$	10,000.00	$	10,698.92
Total Summary:			2			$	10,000.00	$	10,698.92
Total additional charges or credits:								$	0.00
Payroll amount due from client:								$	10,698.92
TOTAL amount due from client:								$	10,698.92

Check #

Check #

Employees

Status

Non DD

DD

Prev/Curr

W/C Code

W/C State

Benefits

Service Fee

Payroll Gross

CUPP, RICHARD

DD/EP

0

0/0

8810C

CA

I

11.29

%

$

2,000.00

HEABERLIN, DAVID

DD/EP

0

0/0

8810C

CA

S

5.92

%

$

8,000.00

Direct Deposit Gross Pay:

$

10,000.00

Check Gross Pay:

$

0.00

Non DD	NonDirect Deposit	E	Employee Coverage
DD	Direct Deposit	S	Employee & Spouse Coverage
D	Dental Only	C	Employee & Child Coverage
NH	New Hire	F	Employee & Family Coverage
EP	EPaystub	K	Employee & Children Coverage
C	W/C Cap	W	Coverage Waived
		I	Coverage Not Available

Schedule J - Question 4(a)
Payroll Date - September 25, 2009

WebPayroll — Invoice Report	Page 1 of 1
Invoice Report

CAPITAL CORP OF THE WEST(2606900)	Invoice #: 3037814
2801 G ST	Payroll Date: 10/2/2009
MERCED, CA95340-2133	Payroll #: 1
Payroll Contact: DAVID A HEABERLIN	Payroll Type: REGULAR — 1
Report Date: 9/28/2009	Period: 09/26/2009 through 10/2/2009

Billing Groups:
No.	Name	No. EEs		Service Fee %		Payroll Gross		Total Cost
0	UNASSIGNED		2		6.99	$	10,000.00	$	10,698.92
Total Summary:			2			$	10,000.00	$	10,698.92
Total additional charges or credits:								$	0.00
Payroll amount due from client:								$	10,698.92
TOTAL amount due from client:								$	10,698.92

Check #

Check #

Employees

Status

Non DD

DD

Prev/Curr

W/C Code

W/C State

Benefits

Service Fee

Payroll Gross

CUPP, RICHARD

DD/EP

0

0/0

8810C

CA

I

11.29

%

$

2,000.00

HEABERLIN, DAVID

DD/EP

0

0/0

8810C

CA

S

5.92

%

$

8,000.00

Direct Deposit Gross Pay:

$

10,000.00

Check Gross Pay:

$

0.00

Non DD	NonDirect Deposit	E	Employee Coverage
DD	Direct Deposit	S	Employee & Spouse Coverage
D	Dental Only	C	Employee & Child Coverage
NH	New Hire	F	Employee & Family Coverage
EP	EPaystub	K	Employee & Children Coverage
C	W/C Cap	W	Coverage Waived
		I	Coverage Not Available

Schedule J - Question 4(a)
Payroll Date - September 2, 2009

4:01 PM
10/07/09
Cash Basis

Capital Corp of the West
Balance Sheet
As of September 30, 2009

	Sep 30, 09		Aug 31, 09		$ Change
ASSETS
Current Assets
Checking/Savings
Citibank -Debtor In Possession
CA State Tax Refund Acct		100.00		100.00		0.00
Federal Tax Refund Acct		50,000.00		50,000.00		0.00
Insurance Refund Acct		375,339.51		375,339.51		0.00
Opearting Account		6,410,584.18		6,482,597.21		-72,013.03
Total Citibank -Debtor In Possession		6,836,023.69		6,908,036.72		-72,013.03
Total Checking/Savings		6,836,023.69		6,908,036.72		-72,013.03
Total Current Assets		6,836,023.69		6,908,036.72		-72,013.03
Fixed Assets
Furniture and Equipment
Computers		4,299.75		4,299.75		0.00
Furniture		1,662.38		1,662.38		0.00
Total Furniture and Equipment		5,962.13		5,962.13		0.00
Total Fixed Assets		5,962.13		5,962.13		0.00
TOTAL ASSETS		6,841,985.82		6,913,998.85		-72,013.03
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Undisputed Claims Received
Bay View — Deferred Purchase
Deferred Puchase Price		1,373,139.48		0.00		1,373,139.48
Interest on Deferral		130,880.88		0.00		130,880.88
Total Bay View — Deferred Purchase		1,504,020.36		0.00		1,504,020.36
Compensation Related Claims		1,879,853.00		0.00		1,879,853.00
County Staturtory Trust I
Interest		751,608.00		0.00		751,608.00
Principal		6,186,000.00		6,186,000.00		0.00
Total County Staturtory Trust I		6,937,608.00		6,186,000.00		751,608.00
County Statutory Trust II
Interest		537,166.00		0.00		537,166.00
Principal		10,310,000.00		10,310,000.00		0.00
Total County Statutory Trust II		10,847,166.00		10,310,000.00		537,166.00
County Statutory Trust III
Interest		744,779.00		0.00		744,779.00
Principal		15,464,000.00		15,464,000.00		0.00
Total County Statutory Trust III		16,208,779.00		15,464,000.00		744,779.00
County Statutory Trust IV
Interest		1,752,346.00		0.00		1,752,346.00
Principal		25,774,000.00		25,774,000.00		0.00
Total County Statutory Trust IV		27,526,346.00		25,774,000.00		1,752,346.00
Creditor Claims		19,167.00		0.00		19,167.00
Total Undisputed Claims Received		64,922,939.36		57,734,000.00		7,188,939.36
Total Other Current Liabilities		64,922,939.36		57,734,000.00		7,188,939.36
Total Current Liabilities		64,922,939.36		57,734,000.00		7,188,939.36
Total Liabilities		64,922,939.36		57,734,000.00		7,188,939.36
Equity
Opening Balance Equity		-64,922,939.36		-57,734,000.00		-7,188,939.36
Net Income		6,841,985.82		6,913,998.85		-72,013.03
Total Equity		-58,080,953.54		-50,820,001.15		-7,260,952.39
TOTAL LIABILITIES & EQUITY		6,841,985.82		6,913,998.85		-72,013.03

Page 1

1:42 PM
10/07/09

Capital Corp of the West
Reconciliation Detail
Opearting Account, Period Ending 09/30/2009

Type	Date	Num		Name	Clr	Amount		Balance
Beginning Balance									6,110,088.20
Cleared Transactions
Checks and Payments — 19 items
Check	8/28/2009		5022	Bowne of Los Angel	X		-1,625.00		-1,625.00
Check	8/28/2009		5024	David Heaberlin	X		-821.91		-2,446.91
Check	8/28/2009		5023	Computershare	X		-814.00		-3,260.91
Check	9/1/2009		0000	Administaff	X		-10,698.92		-13,959.83
Check	9/1/2009		5026	Comcast	X		-308.39		-14,268.22
Check	9/9/2009		0000	Administaff	X		-10,698.92		-24,967.14
Check	9/15/2009		0000	Administaff	X		-10,698.92		-35,666.06
Check	9/15/2009		5027	Jerry E. Calister	X		-500.00		-36,166.06
Check	9/15/2009		5031	John Fawcett	X		-400.00		-36,566.06
Check	9/15/2009		5030	Curtis R. Grant	X		-400.00		-36,966.06
Check	9/15/2009		5028	Dorothy L. Bizzini	X		-400.00		-37,366.06
Check	9/15/2009		5029	David X. Bonnar	X		-200.00		-37,566.06
Check	9/15/2009		5032	Curtis Riggs	X		-200.00		-37,766.06
Check	9/15/2009		5034	The Stanislaus Allia	X		-140.00		-37,906.06
Check	9/15/2009		5033	Oregon Department	X		-80.00		-37,986.06
Check	9/21/2009		5036	Perry Smith LLP	X		-14,500.00		-52,486.06
Check	9/21/2009		0000	Administaff	X		-10,698.92		-63,184.98
Check	9/21/2009		5035	Bear Breek Plaza	X		-1,280.00		-64,464.98
Check	9/30/2009		0000	Administaff	X		-10,698.92		-75,163.90
Total Checks and Payments							-75,163.90		-75,163.90
Deposits and Credits — 5 items
Deposit	8/31/2009				X		530.41		530.41
Deposit	8/31/2009				X		38,251.00		38,781.41
Deposit	8/31/2009				X		336,988.51		375,769.92
Check	9/1/2009		5025	Bear Breek Plaza	X		0.00		375,769.92
Deposit	9/29/2009				X		513.30		376,283.22
Total Deposits and Credits							376,283.22		376,283.22
Total Cleared Transactions							301,119.32		301,119.32
Cleared Balance							301,119.32		6,411,207.52
Uncleared Transactions
Checks and Payments — 1 item
Check	9/30/2009		5037	David Heaberlin			-623.34		-623.34
Total Checks and Payments							-623.34		-623.34
Total Uncleared Transactions							-623.34		-623.34
Register Balance as of 09/30/2009							300,495.98		6,410,584.18
New Transactions
Checks and Payments — 4 items
Check	10/1/2009		5038	Bear Breek Plaza			-1,280.00		-1,280.00
Check	10/6/2009		5041	Bowne of Los Angel			-2,315.00		-3,595.00
Check	10/6/2009		5040	Comcast			-309.95		-3,904.95
Check	10/6/2009		5039	AT Conference			-201.54		-4,106.49
Total Checks and Payments							-4,106.49		-4,106.49
Total New Transactions							-4,106.49		-4,106.49
Ending Balance							296,389.49		6,406,477.69

DIP Operating Account
September Reconciliation

Page 1

Citibank Client Services 587	000001/R1/20F000/0
PO Box 769013	014
San Antonio, TX 78245-9013	CITIBANK, N. A.
	Account
	9951707360
DIP-CAPITAL CORP OF THE WEST-DIP	Statement Period
OPERATING ACCOUNT	Sept. 1 - Sept. 30, 2009
C/O DAVID HEABERLIN	Relationship Manager
2801 G STREET	Gaudino, Bruce
MERCED                    CA 95340	(212) 559-6055

Page 1 of 3

CitiBusiness^® ACCOUNT AS OF SEPTEMBER 30, 2009

Relationship Summary:
Checking	$	6,836,647.03
Savings		—
Investments (not FDIC insured)		—
Checking Plus		—

Checking	Balance
CitiBusiness Checking 9951707360	$	6,411,207.52
CitiBusiness Checking 9951707387	$	50,000.00
CitiBusiness Checking 9951707416	$	100.00
CitiBusiness Checking 9951707424	$	375,339.51
Total Checking at Citibank	$	6,836,647.03

Help protect yourself from online fraud

Delete and do not respond to suspicious official-looking emails requesting your personal security information, and never click on embedded links in emails. Ensure your computer has current anti-virus software. Change online passwords often and at irregular intervals. Keep PINs confidential and never provide online token passwords to anyone. Please review your account statements promptly and call us at1-877-528-0990if you find a discrepancy.

SERVICE CHARGE SUMMARY FROM AUGUST 1, 2009 THRU AUGUST 31, 2009

Type of Charge	No./Units		Price/Unit		Amount
CITIBUSINESS CHECKING#9951707360
Average Daily Collected Balance					$	6,523,974.47
DEPOSIT SERVICES
MONTHLY MAINTENANCE FEE		1		20.0000		20.00
CHECKS PAID		7		.2000		1.40
CITIBUSINESS ONLINE
CBOL — OUT. DOMESTIC WIRE TXFR		4		12.5000		50.00
Total Charges for Services					$	71.40
CITIBUSINESS CHECKING # 9951707387
Average Daily Collected Balance					$	50,000.00
DEPOSIT SERVICES
MONTHLY MAINTENANCE FEE		1		20.0000		20.00
Total Charges for Services					$	20.00

DIP-CAPITAL CORP OF THE WEST-DIP	Account 9951707360	Page 2 of 3	000002/R1/20F000/0
OPERATING ACCOUNT	Statement Period — Sept. 1 - Sept, 30, 2009

SERVICE CHARGE SUMMARY FROM AUGUST 1, 2009 THRU AUGUST 31, 2009

Type of Charge	No./Units		Price/Unit		Amount
CITIBUSINESS CHECKING # 9951707416
Average Daily Collected Balance					$	80.64
DEPOSIT SERVICES
MONTHLY MAINTENANCE FEE		1		20.0000		20.00
Total Charges for Services					$	20.00
CITIBUSINESS CHECKING # 9951707424
Average Daily Collected Balance					$	12,185.14
DEPOSIT SERVICES
MONTHLY MAINTENANCE FEE		1		20.0000		20.00
Total Charges for Services					$	20.00
Total Non-Interest Bearing Account Charges					$	131.40
Average collected balances					$	6,586,240.27
Less 10% reserve requirement					$	658,624.02
Balances eligible for Earnings Credit					$	5,927,616.25
Earnings Credit allowance at 0.50000%					$	131.40	1
Charges Subject to Earnings Credit					$	131.40
Net Service Charge					$	0.00

1 — Maximum Earnings Credit cannot exceed monthly fees eligible for offset

CHECKING ACTIVITY

CitiBusiness Checking
9951707360	Beginning Balance:	$	6,110,088.20
	Ending Balance:	$	6,411,207.52

Date		Description	Debits		Credits		Balance
	9/01	DEPOSIT				336,988.51		6,447,076.71
	9/01	DEPOSIT				38,251.00		6,485,327.71
	9/01	DEPOSIT				530.41		6,485,858.12
	9/01	CBUSOL TRANSFER DEBIT		10,698.92				6,475,159.20
		000000     Sep 01 WIRE TO Administaff Companes, Inc.
	9/01	CHECK NO:     5022		1,625.00				6,473,534.20
	9/03	CHECK NO:     5024		821.91				6,472,712.29
	9/04	CHECK NO:     5023		814.00				6,471,898.29
	9/09	CBUSOL TRANSFER DEBIT		10,698.92				6,461,199.37
		000000     Sep 09 WIRE TO Administaff Companes, Inc.
	9/10	CHECK NO:     5026		308.39				6,460,890.98
	9/15	CBUSOL TRANSFER DEBIT		10,698.92				6,450,192.06
		000000     Sep 15 WIRE TO Administaff Companes, Inc.
	9/18	CHECK NO:     5027		500.00				6,449,692.06
	9/21	CBUSOL TRANSFER DEBIT		10,698.92				6,438,993.14
		000000     Sep 21 WIRE TO Administaff Companes, Inc.
	9/21	CHECK NO:     5028		400.00				6,438,593.14
	9/21	CHECK NO:     5030		400.00				6,438,193.14
	9/21	CHECK NO:     5031		400.00				6,437,793.14
	9/23	CHECK NO:     5033		80.00				6,437,713.14
	9/24	CHECK NO:     5036		14,500.00				6,423,213.14
	9/24	CHECK NO:     5035		1,280.00				6,421,933.14
	9/28	CHECK NO:     5034		140.00				6,421,793.14

DIP-CAPITAL CORP OF THE WEST-DIP	Account 9951707360	Page 3 of 3	000003/R1/20F000/0
OPERATING ACCOUNT	Statement Period — Sept. 1 - Sept. 30, 2009

CHECKING ACTIVITY

Date		Description	Debits		Credits		Balance
	9/29	DEPOSIT				513.30		6,422,306.44
��	9/30	CBUSOL TRANSFER DEBIT		10,698.92				6,411,607.52
		WIRE TO Administaff Companes, Inc.
	9/30	CHECK NO:     5029		200.00				6,411,407.52
	9/30	CHECK NO:     5032		200.00				6,411,207.52
		Total Debits/Credits		75,163.90		376,283.22

Checks Paid
Check	Date		Amount		Check		Date		Amount		Check		Date		Amount		Check		Date		Amount
5022		9/01		1,625.00		5027		9/18		500.00		5031		9/21		400.00		5034		9/28		140.00
5023		9/04		814.00		5028		9/21		400.00		5032		9/30		200.00		5035		9/24		1,280.00
5024		9/03		821.91		5029		9/30		200.00		5033		9/23		80.00		5036		9/24		14,500.00
5026*		9/10		308.39		5030		9/21		400.00

* Indicates gap in check number sequence      Number Checks Paid:      14 Totaling: $21,669.30

CitiBusiness Checking
9951707387	Beginning Balance:	$	50,000.00
	Ending Balance:	$	50,000.00

CitiBusiness Checking
9951707416	Beginning Balance:	$	100.00
	Ending Balance:	$	100.00

CitiBusiness Checking
9951707424	Beginning Balance:	$	375,339.51
	Ending Balance:	$	375,339.51

CUSTOMER SERVICE INFORMATION

IF YOU HAVE QUESTIONS ON:	YOU CAN CALL:	YOU CAN WRITE:
Checking	877-528-0990	Citibank Client Services
	(For Speech and Hearing	P.O. Box 769013
	Impaired Customers Only	San Antonio, TX 78245-9013
	TDD: 800-945-0258)

For change in address, call your account officer or visit your branch.