Exhibit 99.1
Exhibit A
December 2014
3Q Results 2014 | cbbank.com
Safe Harbor
Certain matters set forth herein (including the exhibits hereto) constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company’s current business plans and expectations regarding future operating results. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, local, regional, national and international economic conditions and events and the impact they may have on us and our customers; ability to attract deposits and other sources of liquidity; supply and demand for real property inventory and periodic deterioration in values of California real estate, both residential and commercial; a prolonged slowdown or decline in construction activity; changes in the financial performance and/or condition of our borrowers; changes in the level of non-performing assets and charge-offs; the cost or effect of acquisitions we may make; the effect of changes in laws and regulations (including laws, regulations and judicial decisions concerning financial reform, taxes, banking capital levels, securities, employment, executive compensation, insurance and information security) with which we and our subsidiaries must comply; changes in estimates of future reserve requirements and minimum capital requirements based upon the periodic review thereof under relevant regulatory and accounting requirements, including changes in the Basel Committee framework establishing capital standards for credit, operations and market risk; inflation, interest rate, securities market and monetary fluctuations; changes in government interest rate or monetary policies; changes in the amount and availability of deposit insurance; cyber-security threats including loss of system functionality or theft or loss of Company or customer data; political instability; acts of war or terrorism, or natural disasters, such as earthquakes, or the effects of pandemic diseases; the timely development and acceptance of new banking products and services and perceived overall value of these products and services by users; changes in consumer spending, borrowing and savings habits; technological changes and the expanding use of technology in banking (including the adoption of mobile banking applications); the ability to retain and increase market share, retain and grow customers and control expenses; changes in the competitive environment among financial and bank holding companies and other financial service providers; continued volatility in the credit and equity markets and its effect on the general economy or local business conditions; fluctuations in the price of the Company’s stock; the effect of changes in accounting policies and practices, as may be adopted from time-to-time by the regulatory agencies, as well as by the Public Company Accounting Oversight Board, the Financial Accounting Standards Board and other accounting standard- setters; changes in our organization, management, compensation and benefit plans, and our ability to retain or expand our management team and/or our board of directors; the costs and effects of legal and regulatory developments, including the resolution of legal proceedings or regulatory or other governmental inquiries or investigations and the results of regulatory examinations or reviews; our success at managing the risks involved in the foregoing items and all other factors set forth in the Company’s public reports including its Annual Report on Form 10-K for the year ended December 31, 2013, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law.
3Q Results 2014 | cbbank.com 2
CVB Financial Corp. (CVBF)
? Total Assets: $7.4 Billion ? Gross Loans: $3.7 Billion ? Total Deposits (Including Repos): $6.3 Billion ? Total Equity: $849 Million
? Largest financial institution headquartered in the Inland Empire region of Southern California. Founded in 1974
? Locations in 42 cities with 40 business financial centers and 6 commercial banking centers and 3 trust office locations serving the Inland Empire, LA County, Orange County, San Diego County and the Central Valley of California
Source: Q3 2014 earnings release & company filings.
3Q Results 2014 | cbbank.com 3
Experienced Leadership
Name Position Banking Experience CVBF Service
Christopher D. Myers President & CEO 30 Years 8 Years
Executive Vice President
Richard C. Thomas 5 Years 4 Years
Chief Financial Officer
Executive Vice President
James F. Dowd 37 Years 6 Years
Chief Credit Officer
Executive Vice President
David C. Harvey 25 Years 5 Years
Chief Operations Officer
Executive Vice President
David A. Brager 27 Years 12 Years
Sales Division
Executive Vice President
R. Daniel Banis 32 Years 2 Years
CitizensTrust
Executive Vice President
Yamynn DeAngelis 35 Years 27 Years
Chief Risk Officer
Executive Vice President
Richard Wohl 26 Years 3 Years
General Counsel
3Q Results 2014 | cbbank.com 4
Board of Directors
Name CVB Experience Age
Linn Wiley—Chairman 22 Years 76 George Borba Jr.—Vice Chairman 2 Years 47 Ray O’Brien—Vice Chairman 2 Years 57
Steve Del Guercio 2 Years 53
Robert Jacoby 8 Years 73
Hal Oswalt 1 Year 66
San Vaccaro 14 Years 81
Chris Myers—CEO 8 Years 52
3Q Results 2014 | cbbank.com 5
CVB Financial Corp.
Who is CVB Financial Corp.?
3Q Results 2014 | cbbank.com
Largest Banks Headquartered in California
Rank Name Asset Size (9/30/14) In millions
1 Wells Fargo $1,636,855
2 Union Bank $110,320
3 Bank of the West $68,874
4 First Republic Bank $46,681
5 SVB Financial $36,041
6 City National Bank $32,016
7 East West Bank $28,481
8 OneWest Bank $21,956
9 Pacific Western Bank $15,938
10 Cathay Bank $11,599
11 CVB Financial Corp. $7,423
12 BBCN $6,928
13 Farmers & Merchants of Long Beach $5,532
14 Westamerica Bank $4,994
Source: SNL Financial
3Q Results 2014 | cbbank.com 7
Bank Accomplishments & Ratings
? 150 Consecutive Quarters of Profitability ? 100 Consecutive Quarters of Cash Dividends ? #4 Rated Bank: BankDirector Magazine
? Bank Performance Scorecard (August 2014)
? BauerFinancial Report
? Five Star Rating (March 2014)
? Fitch Rating
? BBB (September 2014)
3Q Results 2014 | cbbank.com
Our Markets
3Q Results 2014 | cbbank.com
Existing Locations
40 Business Financial Centers
6 Commercial Banking Centers
3 CitizensTrust Locations
Corporate Office
Business Financial Centers Commercial Banking Centers CitizensTrust
San Diego – NEW Opened 06/02/2014
10
Deposits*
# of Center Total Deposits Total Deposits (000’s) Locations (9/30/13) (9/30/14)
Los Angeles County 18 $1,913,762 $2,095,048 Inland Empire
9 $1,763,235 $2,069,631
(Riverside & San Bernardino Counties)
Central Valley 9 $863,738 $881,252 Orange County 9 $662,013 $934,747
Other 1 $258,621 $307,439
Total 46 $5,461,369 $6,288,117
Average Cost of Deposits (Year-to-Date) 0.12% 0.11%
*Includes Customer Repurchase Agreements
3Q Results 2014 | cbbank.com
Total Deposits*
$7,500,000 $6,500,000 $5,500,000 $4,500,000 $3,500,000 $2,500,000 $1,500,000
$500,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
(000’s)
2010 2011 2012 2013 2014
Non-Int Bearing Dep Interest Bearing Deposits*
*Interest Bearing Deposits includes REPOs
3Q Results 2014 | cbbank.com 12
Deposit Cost Comparison
Source: Q3 2014 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA banks with assets $2—$25 billion. Peer data as of 06/30/2014
1.40%
CVBF Peers
1.20%
1.00%
0.80%
0.60% 0.40% 0.20%
0.00%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2009 2010 2011 2012 2013 2014
3Q Results 2014 | cbbank.com 13
Total Loans*
$4,400,000 $4,200,000 $4,000,000 $3,800,000 $3,600,000 $3,400,000 $3,200,000 $3,000,000 $2,800,000 $2,600,000 $2,400,000 $2,200,000 $2,000,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010 2011 2012 2013 2014 (000’s) Total Non-Covered Loans Total Covered Loans
*Before deferred loan fees, discount on covered loans, and loans held for sale
3Q Results 2014 | cbbank.com
Loan Portfolio Composition
Total Loans by Type
Municipal Lease Finance
Other, 1.9%
Receivables, 2.2% Dairy, Livestock &
SFR Mortgage, Agribusiness, 5.2% 5.3% Multi-Family, 5.9% Commercial & Industrial, 14.3%
Construction RE, 1.8% Commercial RE- Non-Owner, 40.8% Commercial RE—Owner Occupied, 22.6%
Source: Q3 2014 earnings release & company reports |Covered & Non Covered
15
3Q Results 2014 | cbbank.com
CVB Financial Corp.
Credit Quality
3Q Results 2014 | cbbank.com
Non-Performing Assets*
$200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $-
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
(000’s)
2009 2010 2011 2012 2013 2014 Non-Performing Loans OREO
*Non-Covered
3Q Results 2014 | cbbank.com 17
Classified Loans*
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000
$-
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
(000’s)
2009 2010 2011 2012 2013 2014
*Non-Covered
3Q Results 2014 | cbbank.com 18
Loans: Net Charge-Offs*
$0
2009 2010 2011 2012 2013 9/30/2014 $10,000
$20,000 $30,000 $40,000 $50,000 $60,000
$70,000
(000’s) Net Charge-Offs (by year)
*Non-Covered
3Q Results 2014 | cbbank.com 19
CVB Financial Corp.
Profits
3Q Results 2014 | cbbank.com
Net Income
$32,500 $30,000 $27,500 $25,000 $22,500 $20,000 $17,500 $15,000 $12,500 $10,000 $7,500 $5,000 $2,500 $-
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 (000’s) 2009 2010 2011 2012 2013 2014
Net Income After Taxes $20.4 million FHLB prepayment charge
3Q Results 2014 | cbbank.com
Earnings
9 Months to
(000’s) 2010 2011 2012 2013
9/30/2014
Net Interest Income $259,317 $234,681 $236,950 $216,266 $175,339
Provision for Loan Losses ($61,200) ($7,068) $0 $16,750 $16,100 Other Operating
($111,378) ($106,809) ($122,257) ($88,741) ($68,405)
Income/Expenses (Net)
Income Taxes ($23,804) ($39,071) ($37,413) ($48,667) ($44,594)
Net Profit After Tax $62,935 $81,733 $77,280 $95,608 $78,440
3Q Results 2014 | cbbank.com 22
Net Interest Margin
4.25%
4.00%
3.75%
3.50%
3.25%
3.00%
2.75%
2.50%
2.25%
2.00%
1.75%
1.50%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2007 2008 2009 2010 2011 2012 2013 2014
Normalized*
*Normalized tax-equivalent excludes accretion on covered loans
3Q Results 2014 | cbbank.com 23
Efficiency & Expenses
3Q Results 2014 | cbbank.com
Efficiency Ratio
90.00% 80.00% 70.00%
60.00%
50.00% 40.00% 30.00%
20.00%
10.00%
0.00%
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2011 2012 2013 2014 Efficiency Ratio
$20.4 million FHLB prepayment charge
3Q Results 2014 | cbbank.com 25
Non-Interest Expense as a % of Average Assets
3.50% 3.00% 2.50%
2.00%
1.75%
1.50%
1.00%
0.50%
0.00%
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2011 2012 2013 2014 Non-Interest Expense as a % of Average Assets $20.4 million FHLB prepayment charge
3Q Results 2014 | cbbank.com 26
Capital
3Q Results 2014 | cbbank.com
Capital Ratios
Regulatory Regulatory
September 30, 2014* Minimum Ratio Well-Capitalized Ratio
Tier 1 Risk-based Capital Ratio 4.0% 6.0% 17.27% Total Risk-based Capital Ratio 8.0% 10.0% 18.52% Tier 1 Leverage Ratio 4.0% 5.0% 10.71% Tangible Capital Ratio 10.50% Core Tier 1 Capital Ratio 16.71%
* CVB Financial Corp.—Consolidated 28
Securities & Investments
3Q Results 2014 | cbbank.com
Securities Portfolio*
—$3.2 Billion—
Trust Preferred
Yield on securities CMO’s / 0.16% Municipal portfolio = 2.58% REMIC’s Bonds 18.61% for the 3rd Quarter 2014 10.19%
Government Agency & GSEs 10.42%
MBS 60.62%
? Securities portfolio totaled $3.16 billion at 9/30/2014. The portfolio represents 42.59% 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. 98% of the Bank’s municipal portfolio contains securities which have an underlying rating of investment grade. California municipals represent only 4.7% of the municipal bond portfolio
*Securities Available For Sale
3Q Results 2014 | cbbank.com Source: Q3 2014 earnings release. As of 9/30/2014 securities held-to-maturity were valued at approximately $1.6 million | Yield on securities represents the fully taxable equivalent
Securities Portfolio*
$3.2 Billion
Mark-to-Market (Pre-tax)
$100,000 $80,000 $60,000
$40,000 $31,187
$20,000
$0
-$20,000
-$40,000
Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sept Dec Mar Jun Sept
09 09 09 10 10 10 10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14
(000’s)
*Securities Available For Sale
3Q Results 2014 | cbbank.com
CVBF Assets
12/31/06
$6.1 Billion
9/30/14
$7.4 Billion
Loans, Securities net 42.4% 49.9%
Loans, Securities
net 49.1% 42.6%
Goodwill & Fed Intangibles Balance*,
0.7% Other 4.6% 2.4%
Fed Goodwill & Balance* Intangibles 2.1%
1.0% Other 5.2%
*Includes overnight funds held at the Federal Reserve, Interest earning—due from Correspondent Banks, other short-term money market accounts or certificates of deposit
3Q Results 2014 | cbbank.com 32
Yield on Securities vs. Yield on Loans
6.00% 5.00% 4.00% 3.00%
2.00%
1.00%
0.00%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2009 2010 2011 2012 2013 2014
Yield on Loans* Yield on Securities
3Q Results 2014 | cbbank.com *Excluding Discount Accretion
CVBF Liabilities
12/31/06
$5.7 Billion
Junior subordinated
Debentures 1.9% 9/30/14
$6.6 Billion
Other Borrowings
Borrowings Liabilities 3.0% Junior
subordinated 36.0% Total 0.9% Debentures
Deposits* 0.4% 61.4%
Other Liabilities
0.7%
Total Deposits* 95.7%
*Includes Customer Repurchase Agreements
3Q Results 2014 | cbbank.com
Our Growth Strategy
3Q Results 2014 | cbbank.com
Our Vision
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.
3Q Results 2014 | cbbank.com 36
Target Customer
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
3Q Results 2014 | cbbank.com 37
Three Areas of Growth
Same Store
DeNovo Sales
Acquisitions
—Banks— —Trust—
3Q Results 2014 | cbbank.com 38
Acquisition Strategy
—Banks—
Target size: $200 million to $2 billion in assets
Financial & Strategic
In-market and/or adjacent geographic market (California only)
—Trust/Investment—
Target size: AUM of $200 million to $1 billion
In California
—Banking Teams—
In- market & ‘new’ markets
3Q Results 2014 | cbbank.com
Our ‘Critical Few’
Execute on DeNovo Growth Initiatives
Pursue Strategic Acquisitions
Quality Loan Growth
Provide Customer Solutions Through Technology
Expand Market Share Through Same Store Sales
3Q Results 2014 | cbbank.com
Copy of presentation at www.cbbank.com
3Q Results 2014 | cbbank.com
