EXHIBIT 99.1

JOINT FILING AGREEMENT

 In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the Preferred Stock of Temecula Valley Bancorp Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing.

 The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of April 12, 2011.

/s/ Ryan Heslop

Ryan Heslop

Ariel Warszawski

Firefly Value Partners, LP

FVP GP, LLC

Firefly Management Company GP, LLC

FVP Master Fund, L.P.

/s/ Ariel Warszawski

Ariel Warszawski, for himself and as

Managing Member of FVP GP (for itself and

as general partner of FVP Master Fund) and

Firefly Management (for itself and as general

partner of Firefly Partners)