Exhibit 10.1 Exhibit 10.1 - Executive Officer Compensation The Temecula Valley Bank ("Bank") Board of Directors, upon the recommendation of the Executive Officer Compensation Committee, approved the following: 1. Annual Base Salary Changes Effective January 1, 2008 Jim Andrews, EVP/Real Estate Manager $220,000 to $231,000 Frank Basirico Jr., SEVP/Chief Credit Officer $262,500 to $275,625 Martin E. Plourd, EVP/Chief Operating Officer $180,000 to $189,000 2. Mr. Basirico's bonus was changed from 60 basis points to 75 basis points of pre-tax profits.