Exhibit 99

Temecula Valley Bank Opens New Loan Production Office in Ocean City,
New Jersey

    TEMECULA, Calif.--(BUSINESS WIRE)--June 21, 2004--Temecula Valley
Bank (OTCBB:TMCV) announces the addition of their new SBA loan
production office in Ocean City, N.J. The new office is located at
1645 Haven Ave., Suite D-1, Ocean City. With over 17 years of
commercial banking experience, Edmund Narozny has joined the bank as
senior vice president, SBA Northeast Regional Sales Manager. Narozny
will be responsible for originating SBA loans from the bank's East
Coast headquarters. Debbie Godt, Donna Haiback and Rosemary Dente have
also joined the bank's East Coast SBA lending team as vice presidents,
SBA Business Development Officers. In addition to servicing loans in
New Jersey, The New Jersey team will service areas throughout New
York, Pennsylvania, Maryland and Delaware and they can be reached toll
free at 888-SBA-TVB1.
    "The addition of our new loan production office in Ocean City, New
Jersey enables the bank to grow the SBA division, providing an
opportunity to enter a new growth market to introduce our unique style
of relationship banking to business customers in the New Jersey and
surrounding areas," said Stephen H. Wacknitz, president and CEO.
    Prior to joining Temecula Valley Bank, Narozny served as VP, SBA
Eastern Regional Sales Manager for Washington Mutual Bank. Godt and
Haiback served as vice presidents, SBA Business Development Officers
for Washington Mutual Bank. Dente served as a vice president, SBA
Business Development Officer for United Trust Bank.
    Temecula Valley Bank was established in 1996 and operates full
service offices in Temecula, Murrieta, Fallbrook, Escondido, Rancho
Bernardo and El Cajon. Temecula Valley Bancorp was established in June
2002 and operates as a one-bank holding company for Temecula Valley
Bank. As a Preferred Lender (PLP) since 1998, the locally owned and
operated bank also has SBA loan production offices in Sherman Oaks,
Calif., Fresno, Calif., Chico, Calif., Sacramento, Calif., Anaheim
Hills, Calif., Irvine, Calif., Bellevue, Wash., Gurnee, Ill., Ocean
City, N.J., Cleveland, Ohio, Tampa/St. Petersburg, Fla., Coral
Springs, Fla., Jacksonville, Fla., and Cumming, Ga. The Bancorp's
common stock is traded over the counter with the stock symbol TMCV.OB
and the banks' Internet Web site can be reached at www.temvalbank.com.

    CONTACT: Temecula Valley Bank
             Stephen H. Wacknitz, 909-694-9940