 Exhibit 99.1 |
 Certain Certain matters matters set set forth forth herein herein (including (including the the exhibits exhibits hereto) hereto) constitute constitute forward-looking statements statements within within the the meaning meaning of of the the Private Private Securities Securities Litigation Litigation Reform Reform Act Act of of 1995, 1995, including including forward-looking statements statements relating relating to to the the Company's Company's current current business business plans plans and and expectations expectations regarding regarding future future operating operating results. results. These These forward-looking statements statements are are subject subject to to risks risks and and uncertainties uncertainties that that could could cause cause actual actual results, results, performance performance or or achievements achievements to to differ differ materially materially from from those those projected. projected. These These risks risks and and uncertainties uncertainties include, include, but but are are not not limited limited to, to, local, local, regional, regional, national national and and international international economic economic conditions conditions and and events events and and the the impact impact they they may may have have on on us us and and our our customers; customers; ability ability to to attract attract deposits deposits and and other other sources sources of of liquidity; liquidity; ability ability to to make make loans loans and and generate generate assets; assets; oversupply oversupply of of inventory inventory and and continued continued deterioration deterioration in in values values of of real real estate estate in in California California and and other other states states where where our our bank bank makes makes loans, loans, both both residential residential and and commercial; commercial; a a prolonged prolonged slowdown slowdown in in business, business, manufacturing, manufacturing, retail retail or or construction construction activity; activity; changes changes in in the the financial financial performance performance and/or and/or condition condition of of our our borrowers; borrowers; changes changes in in the the level level of of non-performing assets and and charge-offs; ; the effect of changes in laws and regulations (including laws and regulations regulations concerning concerning taxes, taxes, banking, banking, business business and and consumer consumer credit, credit, capital capital levels, levels, limits limits on on bank bank products products and and fees, fees, securities, securities, executive executive compensation compensation and and insurance) insurance) with with which which we we and and our our subsidiaries subsidiaries must must comply; comply; changes changes in in estimates estimates of of future future reserve reserve requirements requirements based based upon upon the the periodic periodic review review thereof thereof under under relevant relevant regulatory regulatory and and accounting accounting requirements; requirements; inflation, inflation, interest interest rate, rate, securities securities market market and and monetary monetary fluctuations; fluctuations; the the availability availability and and effectiveness effectiveness of of hedging hedging instruments instruments and and strategies; strategies; political political instability; instability; acts acts of of war war or or terrorism, terrorism, or or natural natural disasters, disasters, such such as as earthquakes, earthquakes, or or the the effects effects of of pandemic pandemic flu; flu; the the timely timely development development and and acceptance acceptance of of new new banking banking products products and and services services and and perceived perceived overall overall value value of of these these products products and and services services by by users; users; changes changes in in consumer consumer spending, spending, borrowing borrowing and and savings savings habits; habits; technological technological changes changes (including (including mobile mobile banking banking and and cloud cloud computing); computing); threats threats to to the the stability stability and and security security of of our our technology technology hardware hardware and and software, software, and and to to the the stability stability and and security security of of any any related related vendor vendor or or customer customer hardware hardware and and software; software; the the ability ability to to increase increase market market share share and and control control expenses; expenses; changes changes in in the the competitive competitive environment environment among among financial financial and and bank bank holding holding companies companies and and other other financial financial service service providers; providers; continued continued volatility volatility in in the the credit credit and and equity equity markets markets and and its its effects effects on on the the general general economy; economy; the the effect effect of of changes changes in in accounting accounting policies policies and and practices, practices, as as may may be be adopted adopted by by the the regulatory regulatory agencies, agencies, as as well well as as the the Public Public Company Company Accounting Accounting Oversight Oversight Board, Board, the the Financial Financial Accounting Accounting Standards Standards Board Board and and other other accounting accounting standard standard setters; setters; changes changes in in our our organization, organization, management, management, compensation compensation and and benefit benefit plans; plans; the the costs costs and and effects effects of of legal legal and and regulatory regulatory developments developments including including the the resolution resolution of of legal legal proceedings proceedings or or regulatory regulatory or or other other governmental governmental inquiries inquiries and and the the results results of of regulatory regulatory examinations examinations or or reviews; reviews; our our success success at at managing managing the the risks risks involved involved in in the the foregoing foregoing items items and and other other factors factors set set forth forth in in the the Company's Company's public public reports reports including including its its Annual Annual Report on on Form 10-K for the year ended ended December December 31, 31, 2012, 2012, and and particularly particularly the the discussion discussion of of risk risk factors factors within within that that document. document. The The Company Company does does not not undertake, undertake, and and specifically specifically disclaims disclaims any any obligation to to update update any any forward-looking statements to to reflect occurrences or or unanticipated unanticipated events events or or circumstances circumstances after after the the date date of of such such statements statements except except as as required required by by law. law. |
 3 Total Assets: Total Assets: $6.4 Billion $6.4 Billion Gross Loans: Gross Loans: $3.5 Billion $3.5 Billion Total Deposits (Including Repos): Total Deposits (Including Repos): $5.2 Billion $5.2 Billion Total Equity: Total Equity: $763 Million $763 Million Source: Q4 2012 earnings release & company filings. *non-covered loans Largest Largest financial financial institution institution headquartered headquartered in in the the Inland Inland Empire Empire region region of of Southern California. Founded in 1974. Southern California. Founded in 1974. Serves 41 cities with 40 business financial centers and 5 commercial banking centers and 3 trust office locations throughout the Inland Empire, LA County, Orange County and the Central Valley of California Average Cost of Deposits = 0.11% Average Cost of Deposits = 0.11% |
 4 Name Position Banking Experience CVBF Service Christopher D. Myers President & CEO 28 Years 6 Years Richard C. Thomas Executive Vice President Chief Financial Officer 3 Years 2 Years James F. Dowd Executive Vice President Chief Credit Officer 36 Years 5 Years David C. Harvey Executive Vice President Chief Operations Officer 23 Years 3 Years David A. Brager Executive Vice President Sales Division 25 Years 10 Years R. Daniel Banis Executive Vice President CitizensTrust 31 Years 1 Year Yamynn DeAngelis Executive Vice President Chief Risk Officer 33 Years 25 Years Richard Wohl Executive Vice President General Counsel 24 Years 1 Year |
 5 Name Name CVBF CVBF Experience Experience Age Age Ronald Kruse - Ronald Kruse - Chairman Chairman 38 Years 38 Years 73 73 Linn Wiley – Linn Wiley – Vice Chairman Vice Chairman 21 Years 21 Years 74 74 George Borba Jr. George Borba Jr. New New 45 45 Steve Del Guercio Steve Del Guercio New New 51 51 Robert Jacoby Robert Jacoby 7 Years 7 Years 71 71 Ray O’Brien Ray O’Brien New New 55 55 San Vaccaro San Vaccaro 13 Years 13 Years 79 79 Chris Myers – Chris Myers – CEO CEO 6 Years 6 Years 50 50 |
 Who is… |
 7 Source: SNL Financial Largest Banks Headquartered in California Rank Name Asset Size (12/31/12) 1 Wells Fargo $1,442,968 2 Union Bank $96,992 3 Bank of the West $63,343 4 First Republic Bank $34,388 5 City National Bank $28,618 6 OneWest Bank $25,894 7 SVB Financial $22,766 8 East West Bank $22,536 9 Cathay Bank $10,694 10 CapitalSource Inc. $8,549 11 11 CVB Financial Corp. CVB Financial Corp. $6,363 $6,363 12 Pacific Western Bank $5,464 13 BBCN $5,641 14 Farmers & Merchants of Long Beach $4,989 15 Westamerica Bank $4,952 In millions |
 • 143 Consecutive Quarters of Profitability • 94 Consecutive Quarters of Cash Dividends • #6 Rated Bank: BankDirector Magazine Bank Performance Scorecard (July 2012) • BauerFinancial Report Five Star Rating (September 2012) • Fitch Rating BBB (October 2012) |
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 10 40 Business Financial Centers 5 Commercial Banking Centers 3 CitizensTrust Locations |
 (000’s) # of Center Locations Total Deposits (12/31/11) Total Deposits (12/31/12) Los Angeles County 17 $1,872,623 $1,894,958 Inland Empire (Riverside & San Bernardino Counties) 10 $1,592,445 $1,668,906 Central Valley 11 $821,994 $856,155 Orange County 7 $598,426 $582,616 Other 0 $228,430 $244,596 Total 45 $5,113,918 $5,247,231 *Includes Customer Repurchase Agreements; Balance as of balance sheet date |
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 13 Source: Q4 2012 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA banks with assets $2 - $25 billion. |
 12 Months 12/31/11 12 Months 12/31/12 % Change Service Charges on Deposit Accounts $15,767,976 $16,105,811 2.14% Service Charges/Total Deposits 0.31% 0.31% 14 *Includes Customer Repurchase Agreements |
 (000’s) Non-Covered Loans* Covered Loans* Total Loans* % Los Angeles County $1,190,214 $16,572 $1,206,786 34.68% Central Valley $662,420 $191,419 $853,839 24.54% Inland Empire (Riverside & San Bernardino Counties) $627,173 $1,058 $628,231 18.05% Orange County $461,001 $0 $461,001 13.25% Other $318,430 $11,510 $329,940 9.48% Total $3,259,238 $220,559 $3,479,797 100.00% *Prior to MTM discount and loan loss reserve *Prior to MTM discount and loan loss reserve (Includes loans Held for Sale) (Includes loans Held for Sale) |
 Total Non-Covered Loans |
 17 Source: Q4 2012 earnings release & company reports | *Non-covered loans Total Loans by Type Total Loans by Type Commercial RE Commercial RE Non-Owner Occupied 39.5% 39.5% Consumer Consumer 1.5% 1.5% SFR Mortgage SFR Mortgage 4.9% 4.9% Municipal Lease Finance Receivables 3.2% Municipal Lease Finance Receivables 3.2% Auto & Equipment 0.4% Auto & Equipment 0.4% Dairy, Livestock & Agribusiness 10.3% Dairy, Livestock & Agribusiness 10.3% Commercial & Industrial Commercial & Industrial 16.8% 16.8% Construction RE 1.8% Construction RE 1.8% Commercial RE Commercial RE Owner Occupied 21.6% Owner Occupied 21.6% |
 Net of Discount Net of Discount Includes Loans Held for Sale Includes Loans Held for Sale |
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 CVBF’s strong loan underwriting culture has limited its exposure to problem credits Continued profitability has allowed CVB to build its capital base and reserves for loan losses. Texas Ratio NPA’s/Loans & OREO Source: Q4 2012 earnings release & other company filings, SNL Financial— peers represent public CA , AZ, HI, NV, OR & WA banks with assets $2 - $25 billion. |
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 $20.4 million FHLB prepayment charge |
 2008 2009 2010 2011 12 Months to 12/31/2012 Net Interest Income $193,679 $222,264 $259,317 $234,681 $236,950 Provision for Credit Losses ($26,600) ($80,500) ($61,200) ($7,068) $0 Other Operating Income/Expenses (Net) ($81,331) ($52,515) ($111,378) ($106,809) ($122,257) Income Taxes ($22,675) ($23,830) ($23,804) ($39,071) ($37,413) Net Profit After Tax $63,073 $65,419 $62,935 $81,733 $77,280 25 (000’s) |
 26 *Normalized excludes accelerated accretion on covered loans |
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 28 *Includes $20.4 million FHLB prepayment charge (000’s) 2009 2010 2011 2012 Salaries & Employee Benefits $62,985 $69,419 $69,993 $68,496 Promotion & Entertainment $6,528 $6,084 $4,977 $4,869 Supplies $2,989 $3,314 $2,558 $2,212 Software Licenses & Maintenance $2,320 $5,031 $3,669 $4,269 Professional Services $6,965 $13,308 $15,031 $6,249 OREO Expense $1,211 $7,490 $6,729 $2,146 Other $50,588 $63,846 $38,068 $49,919* Total: $133,586 $168,492 $141,025 $138,160 |
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 Type of Debt Payoff Date Amount Weighted Average Interest Rate FHLB Borrowings 8/28/2012 $250,000 3.39% Subordinated Debentures FCB Statutory Trust II 1/07/2012 $6,805 3-Month LIBOR + 3.25% CVB Statutory Trust I 6/18/2012 $20,619 3-Month LIBOR + 2.85% CVB Statutory Trust I 9/17/2012 $20,619 3-Month LIBOR + 2.85% Total $298,043 30 (000 (000’s) s) |
 31 (000 (000’s) s) Type of Debt Maturity Balance at 12/31/2012 Interest Rate FHLB Borrowings 11/28/2016 $198,934 4.52% Subordinated Debentures CVB Statutory Trust II** $20,619 3-Month LIBOR + 2.85% CVB Statutory Trust II $20,619 3-Month LIBOR + 2.85% CVB Statutory Trust III $25,774 3-Month LIBOR + 1.38% Total $265,946 *Does not include $26 million in overnight borrowings from FHLB **This portion of CVB Statutory Trust II was repaid on January 7 2013 th |
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 Regulatory Minimum Ratio Regulatory Well-Capitalized Ratio December 31, 2012* Tier 1 Risk-based Capital Ratio 4.0% 6.0% 18.23% Total Risk-based Capital Ratio 8.0% 10.0% 19.49% Tier 1 Leverage Ratio 4.0% 5.0% 11.50% Tangible Capital Ratio 4.0% 5.0% 11.17% Core Tier 1 Capital Ratio 16.60% 33 * CVB Financial Corp. - Consolidated |
 34 Source: Q3 2012 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA banks with assets $2 - $25 billion Peer Capital Metrics Peer Capital Metrics Tier 1 Capital Ratio Total Risk – Based Capital Ratio Tangible Common Equity/Tangible Assets |
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 Source: Q4 2012 earnings release. As of 12/31/2012 securities held-to-maturity were valued at approximately $2.1million | Yield on securities represents the fully taxable equivalent *Securities Available For Sale Securities portfolio totaled $2.45 billion at 12/31/2012. The portfolio represents 38.5% of the Bank’s total assets Virtually all of the Bank’s mortgage-backed securities were issued by Freddie Mac or Fannie Mae which have the implied guarantee of the U.S. government. 99% of the Bank’s municipal portfolio contains securities which have an underlying rating of investment grade. California municipals represent only 4% of the municipal bond portfolio Yield on securities Yield on securities portfolio = 2.49% portfolio = 2.49% for the 4th Quarter 2012 for the 4th Quarter 2012 |
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 38 *Includes overnight funds held at the Federal Reserve, Interest earning - due from Correspondent Banks, other short-term money market accounts or certificates of deposit Loans Loans Securities Securities Fed Balance* Fed Balance* Other Other Goodwill & Intangibles Goodwill & Intangibles 12/31/12 $6.4 Billion 12/31/06 $6.1 Billion Securities Securities Fed Balance* Fed Balance* Goodwill & Intangibles Goodwill & Intangibles Other Other Loans Loans 0.2% 0.2% |
 12/31/06 12/31/06 $5.7 Billion $5.7 Billion 12/31/12 12/31/12 $5.6 Billion $5.6 Billion TOTAL DEPOSITS* TOTAL DEPOSITS* Jr. Subordinated Jr. Subordinated Debentures Debentures Other Liabilities Other Liabilities BORROWINGS BORROWINGS Jr. Subordinated Jr. Subordinated Debentures Debentures BORROWINGS BORROWINGS TOTAL DEPOSITS* TOTAL DEPOSITS* Other Liabilities Other Liabilities *Includes Customer Repurchase Agreements *Includes Customer Repurchase Agreements |
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 Citizens Business Bank will strive to become the dominant financial services company operating throughout the state of California, servicing the comprehensive financial needs of successful small to medium sized businesses and their owners. 41 |
 The best privately-held and/or family- owned businesses throughout California — Annual revenues of $1-200 million — Top 25% in their respective industry — Full relationship banking — Build 20-year relationships 42 |
 43 Acquisitions --Banks-- - --Trust-- |
 • Target size: $200 million to $2 billion in assets • Financial & Strategic • In-market and/or adjacent geographic market (California only) Acquisition Strategy --Banks-- --Trust/Investment-- • Target size: AUM of $200 million to $1 billion • In California --Banking Teams-- • In- market & ‘new’ markets |
 • Loan Growth • Expand Credit Product Offerings & Capabilities • Build Core Deposits • Drive Service Charge & Fee Income Growth • Manage Operating Efficiency • Grow Through Acquisition |
 • Strong Capital position • Strong, disciplined credit underwriting/credit culture • Build low-cost, sustainable deposits • Multiple forms of growth (don’t depend on one) • Same Store Sales • DeNovo • Acquisitions • Cross-sell: capture the whole wallet • Drive expense efficiency • Long-term outlook 46 |
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