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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE
 
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K,
presented below is the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information concerning the Company’s variable
pay-for-performance
philosophy and how the Company’s aligns executive compensation with the Company’s performance, see the section of this proxy statement on “Com
pen
sation Discuss
ion
and Analysis.”
PAY VS. PERFORMANCE TABLE FOR 2020-2022
 
(a)
 
(b)
 
(c)
 
(b)
 
(c)
 
(d)
 
(e)
 
(f)
 
(g)
 
(h)
 
(i)
Year
 
Summary
Compensation
Table Total for
First PEO
 
Summary
Compensation
Table Total for
Second PEO
 
Compensation
Actually Paid
to First
PEO(1)(2)
 
Compensation
Actually Paid
to Second
PEO(1)(2)
 
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
 
Average
Compensation
Actually Paid
to
Non-PEO

NEOs(1)(2)
 
Total
Shareholder
Return(3)
 
Peer Group
Total
Shareholder
Return(3)
 
Net Income
 
Return on
Average
Common
Tangible
Equity(4)
2022
 
2,912,636
 
-
 
3,570,181
 
-
 
1,198,947
 
1,463,968
 
129.50
 
115.25
 
235,425,000
 
18.85%
2021
 
2,635,810
 
-
 
2,843,033
 
-
 
1,049,796
 
1,047,772
 
104.42
 
124.66
 
212,521,000
 
15.93%
2020
 
2,287,691
 
925,898
 
2,312,641
 
327,398
 
862,156
 
858,580
 
91.94
 
94.73
 
177,159,000
 
14.25%
 
(1)
Amounts represent compensation actually paid to each of our PEOs and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules. Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table above for the applicable fiscal year, adjusted as follows:
 
     
2022
  
2021
  
2020
       
Summary Compensation Table Amount for PEO David A. Brager
  
$2,912,636
  
$2,635,810
  
$2,287,691
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
  
(959,469)
  
(863,835)
  
(934,725)
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
1,099,525
  
927,053
  
1,004,250
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
415,408
  
81,016
  
(22,880)
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
  
42,851
  
33,181
  
(35,915)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
  
-
  
-
  
-
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
59,230
  
29,808
  
14,220
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if ap
plica
ble, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Compensation Actually Paid for PEO
  
$3,570,181
  
$2,843,033
  
$2,312,641
     
2022
  
2021
  
2020
       
Summary Compensation Table Amount for PEO Christopher D. Myers
            
$925,898
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
            
$0.00
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
-
  
-
  
-
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
            
(598,500)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
  
-
  
-
  
-
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
-
  
-
  
-
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Compensation Actually Paid for PEO
            
$327,398
 
     
2022
  
2021
  
2020
       
Average Summary Compensation Table Amount for NEOs
  
1,198,947
  
1,049,796
  
862,156
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
  
(418,504)
  
(365,789)
  
(419,719)
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
479,594
  
296,015
  
450,938
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
161,156
  
28,937
  
(14,638)
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
  
20,273
  
27,867
  
(24,882)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
              
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
22,502
  
10,947
  
4,725
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Average Compensation Actually Paid for NEOs
  
$1,463,968
  
$1,047,772
  
$858,580
       
NEOs included in Average Summary Compensation and average compensation actually paid
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl,
Brian T. Mauntel
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
 
(2)
The Company does not maintain, and has not maintained, any defined benefit or actuarial pension plans during the three-year period covered by this Table.
(3)
Based on initial investment of $100 and the cumulative Total Shareholder Return of investment in CVBF common stock (column (f)) and the KBW Nasdaq Regional Banking Index (column (g)).
(4)
Our Company-Selected Measure is Return on Average Tangible Common Equity, which is a
non-GAAP
measure (net income, adjusted for
tax-affected
amortization of intangibles, as a percent of average tangible common equity (average stockholders’ equity, less average intangible assets)).
   
Company Selected Measure Name Return on Average Tangible Common Equity    
Named Executive Officers, Footnote [Text Block]
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl,
Brian T. Mauntel
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
Adjustment To PEO Compensation, Footnote [Text Block]
(1)
Amounts represent compensation actually paid to each of our PEOs and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules. Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table above for the applicable fiscal year, adjusted as follows:
 
     
2022
  
2021
  
2020
       
Summary Compensation Table Amount for PEO David A. Brager
  
$2,912,636
  
$2,635,810
  
$2,287,691
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
  
(959,469)
  
(863,835)
  
(934,725)
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
1,099,525
  
927,053
  
1,004,250
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
415,408
  
81,016
  
(22,880)
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
  
42,851
  
33,181
  
(35,915)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
  
-
  
-
  
-
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
59,230
  
29,808
  
14,220
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if ap
plica
ble, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Compensation Actually Paid for PEO
  
$3,570,181
  
$2,843,033
  
$2,312,641
     
2022
  
2021
  
2020
       
Summary Compensation Table Amount for PEO Christopher D. Myers
            
$925,898
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
            
$0.00
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
-
  
-
  
-
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
            
(598,500)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
  
-
  
-
  
-
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
-
  
-
  
-
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Compensation Actually Paid for PEO
            
$327,398
   
Non-PEO NEO Average Total Compensation Amount $ 1,198,947 $ 1,049,796 $ 862,156
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,463,968 1,047,772 858,580
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
     
2022
  
2021
  
2020
       
Average Summary Compensation Table Amount for NEOs
  
1,198,947
  
1,049,796
  
862,156
       
(-) Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table
  
(418,504)
  
(365,789)
  
(419,719)
       
(+) Fair Value of Equity Awards Granted during the year that Remain Unvested as of
Year-End
  
479,594
  
296,015
  
450,938
       
(+) Fair Value of Equity Awards Granted during year that Vested during the year
  
-
  
-
  
-
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that were Unvested as of
Year-End
  
161,156
  
28,937
  
(14,638)
       
(+ or -) Change in Fair Value of Awards Granted in Prior Years that Vested during the year
  
20,273
  
27,867
  
(24,882)
       
(-) Prior
Year-End
Fair Value of Awards that were Forfeited during the year
              
       
(+) Dividends Paid or Accrued on Unvested Awards During the year
  
22,502
  
10,947
  
4,725
       
Deduction for Change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation Table(2)
  
-
  
-
  
-
       
Increase for Service Cost and, if applicable, Prior Service Cost for Pension Plans(2)
  
-
  
-
  
-
       
Average Compensation Actually Paid for NEOs
  
$1,463,968
  
$1,047,772
  
$858,580
       
NEOs included in Average Summary Compensation and average compensation actually paid
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl,
Brian T. Mauntel
  
E. Allen Nicholson,
David F. Farnsworth,
David C. Harvey,
Richard H. Wohl
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
LOGO
 
   
Compensation Actually Paid vs. Net Income [Text Block]
LOGO
 
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]

 
   
Tabular List [Table Text Block] Pay Versus Performance Tabular List
We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2022:
 
Most Important Performance Measures
 
Net Profit After Tax
 

Relative Return on Average Tangible Common Equity
 


Relative Return on Average Assets
 

Average Demand Deposits


Average Total Loans (Net)
 

Noninterest Income
 

Noninterest (Operating) Expenses
 


   
Total Shareholder Return Amount $ 129.5 104.42 91.94
Peer Group Total Shareholder Return Amount 115.25 124.66 94.73
Net Income (Loss) $ 235,425,000 $ 212,521,000 $ 177,159,000
Company Selected Measure Amount 0.1885 0.1593 0.1425
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Net Profit After Tax    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Return on Average Tangible Common Equity    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Return on Average Assets    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Average Demand Deposits    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Average Total Loans (Net)    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name Noninterest Income    
Measure [Axis]: 7      
Pay vs Performance Disclosure [Table]      
Measure Name Noninterest (Operating) Expenses    
David A. Brager [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 2,912,636 $ 2,635,810 $ 2,287,691
PEO Actually Paid Compensation Amount $ 3,570,181 2,843,033 2,312,641
PEO Name David A. Brager    
Christopher D. Myers [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 0 0 925,898
PEO Actually Paid Compensation Amount $ 0 0 327,398
PEO Name Christopher D. Myers    
PEO [Member] | David A. Brager [Member] | Deduction For Amounts Reported Under The Stock Awards And Option Awards Columns In The Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (959,469) (863,835) (934,725)
PEO [Member] | David A. Brager [Member] | Fair Value Of Equity Awards Granted During The Year That Remain Unvested As Of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,099,525 927,053 1,004,250
PEO [Member] | David A. Brager [Member] | Change In Fair Value Of Awards Granted In Prior Years That Were Unvested As Of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 415,408 81,016 (22,880)
PEO [Member] | David A. Brager [Member] | Change In Fair Value Of Awards Granted In Prior Years That Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 42,851 33,181 (35,915)
PEO [Member] | David A. Brager [Member] | Dividends Paid Or Accrued On Unvested Awards During The Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 59,230 29,808 14,220
PEO [Member] | Christopher D. Myers [Member] | Deduction For Amounts Reported Under The Stock Awards And Option Awards Columns In The Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
PEO [Member] | Christopher D. Myers [Member] | Change In Fair Value Of Awards Granted In Prior Years That Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     (598,500)
Non-PEO NEO [Member] | Deduction For Amounts Reported Under The Stock Awards And Option Awards Columns In The Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (418,504) (365,789) (419,719)
Non-PEO NEO [Member] | Fair Value Of Equity Awards Granted During The Year That Remain Unvested As Of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 479,594 296,015 450,938
Non-PEO NEO [Member] | Change In Fair Value Of Awards Granted In Prior Years That Were Unvested As Of Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 161,156 28,937 (14,638)
Non-PEO NEO [Member] | Change In Fair Value Of Awards Granted In Prior Years That Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 20,273 27,867 (24,882)
Non-PEO NEO [Member] | Dividends Paid Or Accrued On Unvested Awards During The Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 22,502 $ 10,947 $ 4,725