CMUV CMUV Bancorp (QB)

Robert “Bob” Hahn, President and CEO of Community Valley Bank (OTCBB: CMUV), recently announced Community Valley Bank’s (CVB) results for the recent quarter ending March 31, 2013. CVB is proud to report the largest first quarter earnings in the bank’s history at $204,000.

CVB showed solid growth in earnings. This quarterly profit provides the 10th consecutive quarter CVB delivered positive earnings. CVB closed the quarter with $107 million in assets, $73 million in loans, $88 million in deposits and equity capital of $11,355,000. The allowance for loan and lease losses was $1,455,000, 2% of gross loans.

The common stock book value (CMUV) is $5.50 per share. Market value as of March 31, 2013 was $5.00 per share. CVB tier one leverage capital ratio was 10.73% which exceeds the regulatory ratio required to be designated a well capitalized bank.

Shareholders received the 2012 annual shareholder report with notice for the annual shareholder meeting to be held May 16th at CVB’s Brawley office. “We remain cautiously optimistic going forward. The sluggish local economies are at least showing some signs of improvement. Quality loan growth that meets our conservative underwriting standards continues to be a challenge,” notes President and CEO, Robert “Bob” Hahn. “We have had a solid start to 2013. We are focused on improving shareholder value as we support the businesses in Imperial and Coachella Valleys,” adds Hahn.

About Community Valley Bank: Community Valley Bank (www.yourcvb.com) is the Imperial Valley’s ONLY locally owned and locally headquartered bank. CVB was chartered as a state bank for Imperial Valley businesses on October 1, 2007, and now has three locations, all in California: 1443 Main Street in El Centro, 310 Main Street in Brawley, and 77564 Building A Country Club Drive, Suite 103, in Palm Desert. Community Valley Bank is a publicly traded company under the symbol CMUV. All investor related inquiries should be directed to Community Valley Bank’s Chief Financial Officer, Toni Umphreyville at (760) 352-1889.

          March 31, December 31, March 31, 2013 2012 2012 Consolidated Financial Condition Data Assets Loans receivable - net $ 72,033,000 $ 79,195,000 $ 55,235,000 Cash and cash equivalents 28,582,000 21,584,000 27,068,000 Investment Securities 891,000 1,003,000 1,299,000 Federal Home Loan Bank Stock 283,000 283,000 252,000 Other Assets 5,526,000 5,609,000 5,526,000 Total Assets $ 107,315,000   $ 108,674,000   $ 89,380,000   Liabilities Deposits 88,938,000 90,535,000 77,677,000 Other Borrowed Money 6,729,000 6,744,000 960,000 Other Liabilities 292,000 251,000 146,000 Total Liabilities 95,959,000   97,530,000   78,783,000   Preferred Stock 2,400,000 2,400,000 2,400,000 Common Stock 14,287,000 14,271,000 14,267,000 Costs/Dividends (51,000 ) (45,000 ) (6,700 ) Surplus 499,000 498,000 496,000 Total Undivided Profits (5,844,000 ) (6,042,000 ) (6,578,000 ) Unrealized Gain/Loss 14,000 17,000 12,000 Stockholder's Equity – net 11,356,000 11,144,000 10,597,000 Total Liabilities and Shareholder Equity $ 107,315,000   $ 108,674,000   $ 89,380,000     March 31, December 31, March 31, 2013 2012 2012 Selected Consolidated Earnings Data Total Interest Income/Fees $ 1,341,000 $ 4,711,000 $ 1,024,000 Total Interest Expense (171,000 ) (681,000 ) (163,000 )

Net Interest/Fee Income

1,170,000 4,030,000 861,000 Provision For Losses on Loans (200,000 ) (540,000 ) 0   Net Interest Income After Provision For Losses on Loans 970,000 3,490,000 861,000 Total Other Income Net (Noninterest Income) 340,000 915,000 89,000 General Administrative and Other Expenses (1,106,000 ) (3,784,000 ) (904,000 ) Income Tax (Expense) Benefit 0   (12,800 ) 0   Net Profit/Loss Year To Date $ 204,000   $ 621,000   $ 46,000