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$CVBF {{ '2016-12-22T12:18:48+0000' | timeago}} • Announcement

The BoD of $CVBF declared a $0.12 per share cash dividend for 4Q16. The dividend will be payable on or about January 23, 2017 to shareholders of record as of January 6, 2017.

$CVBF {{ '2017-12-21T17:09:38+0000' | timeago}} • Announcement

$CVBF announced a $0.14 per share cash dividend with respect to 4Q17. The dividend will be payable on or about January 22, 2018 to shareholders of record as of January 5, 2018.

$CVBF {{ '2017-09-21T11:25:14+0000' | timeago}} • Announcement

$CVBF BoD declared a $0.14 per share cash dividend for 3Q17. The dividend will be payable on or about Oct. 19, 2017 to shareholders of record as of Oct. 4, 2017.

$CVBF {{ '2017-06-23T10:51:23+0000' | timeago}} • Announcement

$CVBF, the holding company for Citizens Business Bank, appointed Rodrigo Guerra, Jr. as a Board member effective July 1, 2017. Guerra was also named a Director of Citizens Business Bank.

$CVBF {{ '2017-06-22T10:47:37+0000' | timeago}} • Announcement

$CVBF has announced a cash dividend of $0.14 per share for the second quarter of 2017. The dividend is payable on or about July 20, 2017 to shareholders of record as of July 6, 2017.

$CVBF {{ '2017-03-23T10:34:38+0000' | timeago}} • Announcement

$CVBF announced a $0.12 per share cash dividend for 1Q17. The dividend will be payable on or about April 19, 2017 to shareholders of record as of April 5, 2017.

$CVBF {{ '2017-03-07T19:17:44+0000' | timeago}} • Announcement

$CVBF, the parent company of Citizens Business Bank, said the California Department of Business Oversight has approved its application to acquire Valley Business Bank, a subsidiary of Valley Commerce Bancorp. The merger is expected to close on or about March 10, 2017.

$CVBF {{ '2017-01-18T23:10:01+0000' | timeago}} • Announcement

$CVBF's total loans and leases, net of deferred fees and discounts, was $4.40Bil as of Dec. 31, 2016, up 9.41% from Dec. 31, 2015. This increase included $143.2MM of loans acquired from CCB during the first quarter of 2016.

$CVBF {{ '2017-01-18T23:04:17+0000' | timeago}} • Announcement

Retail banking provider $CVBF reported a 5.2% drop in its 4Q16 results. Net earnings fell to $27.1MM, or $0.25 per share during the quarter compared to $28.6MM, or $0.27 per share during 4Q15. Revenues was $2.6MM during the quarter. Net interest income, before provision for loan losses was $65.4MM during 4Q16.

$CVBF {{ '2016-12-22T12:18:48+0000' | timeago}} • Announcement

The BoD of $CVBF declared a $0.12 per share cash dividend for 4Q16. The dividend will be payable on or about January 23, 2017 to shareholders of record as of January 6, 2017.

$CVBF {{ '2016-12-20T14:16:40+0000' | timeago}} • Announcement

$CVBF said it entered into a merger agreement to acquire Valley Commerce Bancorp, the holding company for Valley Business Bank. The merger is expected to close during 1Q17.

$CVBF {{ '2016-09-23T11:37:49+0000' | timeago}} • Announcement

The BoDs of $CVBF/Citizens Business Bank and VCBP/Valley Business Bank have approved the acquisition. Keefe, Bruyette, and Woods, Inc. was financial adviser to $CVBF and Gary S. Findley & Associates served as VCBP's financial adviser to VCBP.

$CVBF {{ '2016-09-23T11:36:55+0000' | timeago}} • Announcement

$CVBF said based on VCBP's outstanding shares and options and the estimated special dividend as of June 30, the total deal value to VCBP shareholders is $70.3MM or $23.43 per VCBP share. VCBP shareholders would hold about 1.8% of $CVBF's outstanding stock after the close of merger.

$CVBF {{ '2016-09-23T11:35:51+0000' | timeago}} • Announcement

$CVBF expects the VCBP acquisition to modestly add to earnings in 2017, excluding one-time transaction costs. Company estimates tangible book value dilution at close of about 1% to be earned back within 3 years.

$CVBF {{ '2016-09-23T11:35:23+0000' | timeago}} • Announcement

$CVBF, the holding company for Citizens Business Bank, said it will acquire Valley Commerce Bancorp (VCBP), the holding company for Valley Business Bank, for $23.4MM in cash and 1,942,673 shares valued at $57.5MM.

$CVBF {{ '2016-09-22T09:16:24+0000' | timeago}} • Announcement

Holding company for Citizens Business Bank, $CVBF, said its BoD has approved a $0.12 per share dividend for 3Q16, payable on or about Oct. 20, 2016 to shareholders of record on Oct. 5, 2016.

$CVBF {{ '2016-08-01T17:42:16+0000' | timeago}} • Announcement

$CVBF said the company has appointed Anna Kan as a Board Member and she was also named a Director of Citizens Business Bank. Anna Kan presently serves as Chairman of the Board of California Manufacturing Technology Consulting.

$CVBF {{ '2016-07-08T15:47:24+0000' | timeago}} • Announcement

$CVBF said it hired David Farnsworth as the new Chief Credit Officer for $CVBF and Citizens Business Bank. Farnsworth will replace James Dowd, the company's previous Chief Credit Officer, who retired from the company, effective on July 1. Farnsworth is expected to commence employment with the company on July 18.

$CVBF {{ '2016-06-23T15:48:07+0000' | timeago}} • Announcement

$CVBF, a holding company for Citizens Business Bank, said that its BoD declared a cash dividend of $0.12 per share for 2Q16. This dividend will be payable on or about July 21, 2016, to shareholders of record as of July 7, 2016.

$CVBF {{ '2016-05-05T17:12:06+0000' | timeago}} • Announcement

$CVBF, the holding company for Citizens Business Bank, said it named E. Allen Nicholson as its new Chief Financial Officer. Nicholson will replace Richard C. Thomas, who decided to retire, effective on July 1, 2016.

$CVBF {{ '2016-03-23T22:28:38+0000' | timeago}} • Announcement

Retail banking provider $CVBF said its BoD approved a $0.12 per share cash dividend with respect to 1Q16. The dividend will be payable on or about April 20, 2016 to shareholders of record as of April 6, 2016. This is the company's 106th consecutive cash dividend to its shareholders.

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