<SUBMISSION>
<ACCESSION-NUMBER>0000354647-04-000117
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20041026
<ITEMS>8.01
<FILING-DATE>20041026
<DATE-OF-FILING-DATE-CHANGE>20041026
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CVB FINANCIAL CORP
<CIK>0000354647
<ASSIGNED-SIC>6022
<IRS-NUMBER>953629339
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-10140
<FILM-NUMBER>041097352
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>701 N HAVEN AVE STE 350
<CITY>ONTARIO
<STATE>CA
<ZIP>91764
<PHONE>9099804030
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>701 N HAVEN AVENUE
<CITY>ONTARIO
<STATE>CA
<ZIP>91764
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gsb1004_8k.htm
<DESCRIPTION>GRANIT STATE BANK
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>UNITED STATES<BR>SECURITIES AND
EXCHANGE COMMISSION</B><BR>Washington, D.C. 20549 </FONT></P>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>FORM 8-K</B></FONT></P>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Current Report<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </B><BR><BR>
 Date of Report (Date of earliest event reported): October 21, 2004 </FONT></P>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>CVB FINANCIAL CORP.</B><BR></FONT>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact name of registrant as specified in its charter)</FONT></P>



<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=760>
<TR VALIGN=Bottom>
     <TH COLSPAN=3></TH>
     <TH COLSPAN=3></TH>
     <TH COLSPAN=3></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>California<BR>
(State or other jurisdiction of<BR>incorporation or organization)</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>0-10140<BR>
(Commission file number)<BR><BR></FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>95-3629339<BR>
(I.R.S. employer<BR>identification number)</FONT></TD></TR>
</TABLE>





<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=760>
<TR VALIGN=Bottom>
     <TH COLSPAN=3></TH>
     <TH COLSPAN=3></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=60% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>701 North Haven Avenue,
Ontario, California<BR>of principal executive offices)</FONT></TD>
     <TD WIDTH=40% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>91764<BR>
(Zip Code)</FONT></TD></TR>
</TABLE>





<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Registrant&#146;s telephone number, including area code: (909) 980-4030
<BR><BR> Not Applicable
<BR>(Former name or former address, if changed since last report)</FONT></P>


<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (See General Instruction A.2.):<BR><BR>
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR230.425)<BR><BR>
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)<BR><BR>
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR240.14d-2(b)) </FONT></P>

<HR SIZE="4" NOSHADE="Noshade" COLOR="Gray">


<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8.01 Other Events </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CVB Financial Corp. (&#147;the
Company&#148;) and its principal subsidiary, Citizens Business Bank, and Granite State
Bank, jointly announced on October 21, 2004 that the two financial institutions have
executed a definitive merger agreement. This agreement provides for Granite State Bank to
merge with and into Citizens Business Bank. Citizens Business Bank will represent the
continuing operation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The definitive agreement provides
that Citizens Business Bank will acquire Granite State Bank for an aggregate purchase
price of $19.00 per share, or approximately $27 million, including costs associated with
the cancellation of stock options. The total purchase price will be paid one-half in the
Company&#146;s Common Stock and one-half in cash in a cash/stock election merger. The
transaction will be handled under purchase accounting. The transaction is subject to
shareholder and regulatory approval and other customary conditions. </FONT></P>


<HR SIZE="4" NOSHADE="Noshade" COLOR="Gray">



<!-- MARKER FORMAT-SHEET="Head Major Center Bold" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Indent" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized. </FONT></P>






<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=760>
<TR VALIGN=Bottom>
     <TH COLSPAN=3></TH>
     <TH COLSPAN=3></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=70% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date: October 21, 2004<BR><BR><BR><BR><BR></FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>CVB FINANCIAL CORP.<BR>
<U>By: /s/ Edward J. Biebrich Jr.</U><BR>
Edward J. Biebrich Jr.,<BR>
Executive Vice President and<BR>
Chief Financial Officer</FONT></TD></TR>
</TABLE>


<HR SIZE="4" NOSHADE="Noshade" COLOR="Gray">


<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit Index </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>99.1 Press Release, dated
October 21, 2004 </FONT></P>



<HR SIZE="4" NOSHADE="Noshade" COLOR="Gray">


</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>pressreleasegsb.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit 99.1</FONT></H1>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Press Release </FONT></H1>






<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
<TR VALIGN=Bottom>
     <TH COLSPAN=3></TH>
<TH COLSPAN=3></TH>
     <TH COLSPAN=3></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>Contact:<BR><BR><BR><BR></B></FONT></TD>
<TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>D. Linn Wiley<BR>
President and<BR>Chief Executive Officer<BR>(909) 980-4030</B></FONT></TD>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><B>William B. Waddell<BR>
President and <BR>Chief Executive Officer<BR>(626) 303-4661</B></FONT></TD></TR>
</TABLE>




<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I><B>For Immediate Release</B></I> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>CVB Financial Corp.
and Granite State Bank<BR> Jointly Announce Merger </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Ontario, California-October 21,
2004. </B>(NASDAQ:CVBF) D. Linn Wiley, President and Chief Executive Officer of CVB
Financial Corp. and its principal subsidiary, Citizens Business Bank, and William B.
Waddell, President and Chief Executive Officer of Granite State Bank, jointly announced
today that the two financial institutions have executed a definitive merger agreement.
This agreement provides for Granite State Bank to merge with and into Citizens Business
Bank. Citizens Business Bank will represent the continuing operation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The definitive agreement provides
that Citizens Business Bank will acquire Granite State for an aggregate purchase price of
$19.00 per share, or approximately $27 million including costs associated with the
cancellation of stock options. The total purchase price will be paid half in CVB Common
Stock and half in cash in a cash/stock election merger. The transaction will be handled
under purchase accounting. The transaction is subject to shareholder and regulatory
approval and other customary conditions. It is expected to be completed during the first
quarter of 2005. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;We are delighted to have this
opportunity to associate with Granite State Bank, and to expand our presence in the San
Gabriel Valley. The Bank is a good complement to our existing franchise and our business
and professional banking strategy,&#148; stated D. Linn Wiley. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;Our Board of Directors believes
that this merger is in the best interests of our shareholders, employees and customers. We
are pleased to join with Citizens Business Bank. They are a premier performing bank with
an exceptional record of serving their customers. Citizens Business Bank will be an
outstanding addition to our business community,&#148; commented William Waddell. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Granite State Bank was established in
1984. The Bank is headquartered in Monrovia and they have an office in South Pasadena. The
Bank had total assets of $112.7 million, total deposits of $101.9 million and total loans
of $63.9 million as of September 30, 2004. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CVB Financial Corp. is the holding
company for Citizens Business Bank. The Bank is the largest financial institution
headquartered in the Inland Empire Region of Southern California. It serves 30 cities with
37 business financial centers in the Inland Empire, Los Angeles County, Orange County and
the Central Valley areas of California. Its subsidiary, Golden West Financial Services,
provides vehicle leasing, equipment leasing and real estate loan services. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Citizens Business Bank is one of the
largest community banks in Southern California. They specialized in providing the full
scope of financial services to business and professional clientele. CVB Financial Corp. is
traded on the NASDAQ under the ticker symbol of CVBF. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The shares of CVB Common Stock will
not be registered under the Securities Act of 1933, and accordingly, may not be offered or
sold in the United States absent registration or an applicable exemption from registration
requirements. CVB intends to issue the shares of CVB Common Stock to be offered in the
merger pursuant to a fairness hearing conducted by the California Commissioner of
Corporations, which will serve as an applicable exemption. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>The press release contains
statements that constitute forward looking statements (within the meaning of the Private
Securities Litigation Reform Act of 1995) that involve risks and uncertainties. Actual
results may differ materially from the results discussed in these forward looking
statements. Factors that might cause such a difference include, but are not limited to,
when and if the proposed merger is consummated, expected cost savings from the merger not
being fully realized, revenues following the merger being lower than expected and costs of
difficulties related to the integration of CVB Financial Corp. and Granite State Bank
being greater than expected. In addition, other risks are detailed in the CVB Financial
Corp. reports filed with the Securities and Exchange Commission, including their Annual
Report on form 10K for the year ended December 31, 2003.</I> </FONT></P>






</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SUBMISSION>
