Exhibit 10.1 - Executive Officer Compensation and Responsibilities

       The Temecula Valley Bank ("Bank") Board of Directors, upon the
recommendation of the Executive Officer Compensation Committee, approved the
following:

               1.   James W. Andrews
                    Effective June 1, 2008, change from Executive Vice
                    President/Real Estate Manager to Senior Executive Vice
                    President/Chief Lending Officer; base salary change from
                    $231,000 to $275,000; a bonus change to 75 basis points of
                    pre-tax profits; and severance change from 6 to 12 months of
                    base salary upon termination without cause. These changes
                    are subject to an amendment to the employment agreement of
                    Mr. Andrews.

               2.   Stephen H. Wacknitz
                    Upon execution, an amended and restated split dollar
                    agreement for Mr. Wacknitz will move the retirement age from
                    70 to 80 years of age, as long as Mr. Wacknitz remains as a
                    Board member, and the agreement will be a director agreement
                    and not an employment agreement. Expenses will accrue until
                    80 years of age, then from 80 to 85 years of age, expenses
                    will reverse.