<SUBMISSION>
<ACCESSION-NUMBER>0000354647-07-000010
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20070208
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20070214
<DATE-OF-FILING-DATE-CHANGE>20070213
<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>07612247
</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>form8k-prmerger0207.htm
<DESCRIPTION>PRESS RELEASE-MERGER W/ FCBS-0207
<TEXT>
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<P> <CENTER><B><FONT FACE="Times New Roman, Times, Serif" SIZE=3>UNITED STATES<BR>SECURITIES AND
EXCHANGE COMMISSION</FONT></B></CENTER>
<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Washington, D.C. 20549</FONT></CENTER><BR>


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



<CENTER><B><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT
<BR> Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></B></CENTER><BR>


<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date of Report (Date of
earliest event reported): &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>February 8, 2007</B>  </FONT></CENTER><BR>



<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CVB FINANCIAL CORP.</B></FONT>
<BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact name of
registrant as specified in its charter) </FONT></CENTER><BR>



<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="34%"><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>California</B><BR>
(State or other jurisdiction of<BR>
incorporation or organization) </FONT></CENTER></TD>
     <TD WIDTH="33%"><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>0-10140</B> <BR>
(Commission file number)</FONT></CENTER></TD>
     <TD WIDTH="33%"><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>95-3629339</B><BR>
(I.R.S. employer identification number)</FONT></CENTER></TD></TR>
</TABLE>




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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="60%"><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>
<B>701 North Haven Avenue, Ontario, California</B><BR>
(Address of principal executive offices)</FONT></CENTER></TD>
     <TD WIDTH="40%"><CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><B>91764</B><BR>
(Zip Code)</FONT></CENTER></TD></TR>
</TABLE>




<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>
Registrant&#146;s telephone number, including area code: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(909) 980-4030</B> </FONT></CENTER>





<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><B>Not Applicable</B><BR>
(Former name or former address, if changed since last report)</FONT></CENTER><BR><BR>


<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.):</FONT></P>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
[ ] 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))<BR><BR>
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) </FONT></P><BR>


<HR SIZE="5" WIDTH="100%" COLOR="GRAY"><BR>







<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><B><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Item 8.01&nbsp;&nbsp;&nbsp;Other Events. </FONT></B></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On February 8, 2007,  CVB Financial
Corp. (&#147;the
Company&#148;) and First Coastal Bancshares executed a definitive merger agreement
providing for the merger of First Coastal Bancshares with and into the Company and the merger
of First Coastal Bank, N.A. with and into Citizens Business Bank, with Citizens Business Bank surviving
as the continuing banking operation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The definitive merger agreement provides that
each outstanding share of First Coastal Bancshares will be converted into $276.73 in cash or $276.73 in
value of the Company&#146;s common stock (based on a volume weighted average trading price for a period of 20
trading days prior to consummation of the merger) at the election of First Coastal Bancshares
shareholders.  The total purchase price of approximately $35 million will be paid half in cash and half in
common stock of the Company.  The transaction is subject to shareholder and regulatory approval and other
customary conditions.  It is expected to be completed during the end of the second quarter or early third
quarter of 2007.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In connection with the execution of the definitive merger
agreement, the Company and First Coastal Bancshares jointly issued a press release, which is attached
hereto as Exhibit 99.1 and which is being incorporated by reference herein.</FONT></P>











<BR>





<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 9.01 &nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements
 and Exhibits.<BR><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;Financial Statements of Businesses Acquired.
</B><BR><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.<BR><BR>




<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Pro Forma Financial Information.
</B><BR><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;Not Applicable.<BR><BR>

<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;Shell Company Transactions.
</B><BR><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.<BR><BR>


<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Exhibits.
</B><BR><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;99.1&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;Press release, dated February 8, 2007, announcing the execution of a
definitive merger<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;agreement.<BR><BR>
</FONT></P><BR><BR>









<HR SIZE="5" WIDTH="100%" COLOR="GRAY"><BR>

<PAGE>




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

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" 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.<BR><BR><BR>
<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CVB FINANCIAL CORP.</B><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(Registrant) </FONT></P>

<BR>

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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="60%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Date:&nbsp;&nbsp; February 8, 2007  </FONT></TD>
     <TD WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>By: /s/ Edward J. Biebrich, Jr.</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edward J. Biebrich, Jr.,<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President and<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer<BR>

</FONT></TD></TR>
</TABLE>

<BR><BR>



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<SEQUENCE>2
<FILENAME>ex99-020807.htm
<DESCRIPTION>PRESS RELEASE-MERGER W/ FCBS-0207
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<IMG SRC="cvbflogo-color.gif" ALIGN="Right" WIDTH="100">

<BR><BR><BR>


<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<BR><BR><BR>701 North Haven Ave., Suite 350<BR>
Ontario, CA 91764<BR>
(909) 980-4030</FONT></P>






<BR><BR>





<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Press Release<BR>
<I>For Immediate Release</I></FONT></H1>



<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Contact: &nbsp;
<U>Citizens Business Bank</U><BR>
Christopher D. Myers<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(909) 980-4030
</B></FONT></P>


<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>
<U>First Coastal Bank, N.A.</U><BR>
Don M. Griffith<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman and<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(888) 296-2250
</B></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 First Coastal Bancshares Jointly Announce Merger </FONT></H1>





<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Ontario, CA-February 8,
2007.</B>(NASDAQ:CVBF) Christopher D. Myers, President and Chief Executive Officer
of CVB Financial Corp. and its principal subsidiary, Citizens Business Bank, and Don M. Griffith,
Chairman and Chief Executive Officer of First Coastal Bancshares and its principal subsidiary, First
Coastal Bank, N.A., jointly announced today that the two financial institutions have executed a definitive
merger agreement.  This agreement provides for the merger of First Coastal Bancshares with and into
CVB Financial Corp. and the merger of First Coastal Bank with and into Citizens Business Bank,
with Citizens Business Bank surviving as the continuing banking 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 each
outstanding share of First Coastal Bancshares will be converted into $276.73 in cash or $276.73 in value
of CVB Financial Corp. common stock (based on a volume weighted average trading price for a period
of 20 trading days prior to consummation of the merger) at the election of First Coastal Bancshares
shareholders.  The total purchase price of approximately $35 million will be paid half in cash and half
in CVB Financial Corp. stock.  Accordingly, the shareholders of First Coastal Bancshares will be
subject to proration procedures in the event that the First Coastal Bancshares shareholders make elections
for more than half of the merger consideration to be paid in cash or CVB Financial Corp. stock, as the
case may be.  The transaction is subject to shareholder and regulatory approval and other customary
conditions.  It is expected to be completed during the second quarter or early third quarter of
2007.</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 First Coastal Bank and their fine group of employees and customers.  The merger
with First Coastal provides Citizens Business Bank the opportunity to expand our geographic presence
into the South Bay and West Los Angeles areas of Southern California.  It is also synergistic with
our plans to open new business financial center locations in Torrance and Century City,&#148; stated Chris
Myers. </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 Don Griffith.</FONT></P>










<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>First Coastal Bank was established in 1984.  The
Bank is headquartered in Manhattan Beach and they have offices in El Segundo, Gardena and Marina
del Rey.  The bank had total assets of $238 million, total deposits of $190 million and total loans
of $157 million as of December 31, 2006. </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.  Citizens Business Bank is one of the largest community banks headquartered
in Southern California with $6.1 billion in assets as of December 31, 2006.  It serves 33 cities
with 39 business financial centers in the inland Empire, Los Angeles County, Orange County and the
Central Valley areas of California.  It specializes in providing the full scope of financial services
to business and professional clientele.  CVB Financial Corp. is traded on the NASDAQ Global Market
under the ticker symbol &#147;CVBF&#148;.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>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, failure to satisfy conditions to close the merger,
including obtaining the requisite regulatory and shareholder approvals, revenues following the merger
being lower than expected and costs of difficulties related to the integration of CVB Financial Corp.
and First Coastal 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 its Annual Report
on Form 10K for the year ended December 31, 2005.</I> </FONT></P>

<!-- MARKER FORMAT-SHEET="Center Rule" FSL="Default" -->
     <P ALIGN=CENTER>_________________ </P>



















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`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
