Exhibit 99.1

  Temecula Valley Bank Opens New Loan Production Office in Cleveland

    TEMECULA, Calif.--(BUSINESS WIRE)--Feb. 6, 2004--Temecula Valley
Bank (OTCBB:TMCV) announces the addition of their new SBA loan
production office in Cleveland. With over 10 years of commercial
banking experience, Bryan P. Stevens has joined the bank as senior
vice president, SBA East Coast Sales Manager. Stevens will be
responsible for the daily operations of the bank's East Coast SBA loan
division.
    "The addition of our new loan production office in Cleveland
provides us with an opportunity to enter a new growth market and to
introduce our unique style of relationship banking to business
customers in the Cleveland Metro area", said Stephen H. Wacknitz,
president and CEO.
    Prior to joining Temecula Valley Bank, Stevens served as a vice
president for SBA Midwest lending at Comerica Bank in Cleveland for
one year and three years as vice president, National SBA Manager for
Key Bank.
    Temecula Valley Bank was established in 1996 and operates full
service offices in Temecula, Murrieta, Fallbrook, Escondido and El
Cajon. Temecula Valley Bancorp was established in June 2002 and
operates as a one-bank holding company for Temecula Valley Bank. As a
Preferred Lender (PLP) since 1998, the locally owned and operated bank
also has SBA loan production offices in Sherman Oaks, Calif., Fresno
Calif., Chico, Calif., Anaheim Hills, Calif., Bellevue, Wash., Gurnee,
Ill., Cleveland, OH, Bradenton, Fla., Tampa/St. Petersburg Fla., Coral
Springs, Fla., Jacksonville, Fla., and Atlanta. The Bancorp's common
stock is traded over the counter with the stock symbol TMCV and the
bank's Internet Web site can be reached at www.temvalbank.com.

    CONTACT: Temecula Valley Bank
             Stephen H. Wacknitz, 909-694-9940