Slide presentation

Exhibit 99.2

Safe Harbor

Certain matters set forth herein (including the exhibits hereto) constitute forward-looking statements within the meaning of the

Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company's current

business plans and expectations regarding future operating results. These forward-looking statements are subject to risks

and uncertainties that could cause actual results, performance or achievements to differ materially from those projected.

These risks and uncertainties include, but are not limited to, local, regional, national and international economic conditions

and events and the impact they may have on us and our customers; ability to attract deposits and other sources of liquidity;

oversupply of inventory and continued deterioration in values of real estate in California and other states where our bank

makes loans, both residential and commercial; a prolonged slowdown in construction activity; changes in the financial

performance and/or condition of our borrowers; changes in the level of non-performing assets and charge-offs; the effect of

changes in laws and regulations (including laws and regulations concerning taxes, banking, business and consumer credit,

securities, executive compensation and insurance) with which we and our subsidiaries must comply; changes in estimates of

future reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements;

inflation, interest rate, securities market and monetary fluctuations; the availability and effectiveness of hedging instruments

and strategies; political instability; acts of war or terrorism, or natural disasters, such as earthquakes, or the effects of

pandemic flu; the timely development and acceptance of new banking products and services and perceived overall value of

these products and services by users; changes in consumer spending, borrowing and savings habits; technological changes;

threats to the stability and security of our technology hardware and software, and to the stability and security of any related

vendor or customer hardware and software; the ability to increase market share and control expenses; changes in the

competitive environment among financial and bank holding companies and other financial service providers; continued

volatility in the credit and equity markets and its effects on the general economy; the effect of changes in accounting policies

and practices, as may be adopted by the regulatory agencies, as well as the Public Company Accounting Oversight Board, the

Financial Accounting Standards Board and other accounting standard setters; changes in our organization, management,

compensation and benefit plans; the costs and effects of legal and regulatory developments including the resolution of legal

proceedings or regulatory or other governmental inquiries and the results of regulatory examinations or reviews; our success

at managing the risks involved in the foregoing items and other factors set forth in the Company's public reports including its

Annual Report on Form 10-K for the year ended December 31, 2011, and particularly the discussion of risk factors within that

document. The Company does not undertake, and specifically disclaims any obligation to update any forward-looking

statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as

required by law.

Total Assets:

$6.5 Billion

Gross Loans:

$3.5 Billion

Total

Deposits

(Including

Repos):

Total Equity:

$730 Million

Largest financial institution headquartered in the Inland Empire

region of

Southern California. Founded in 1974.

Serves 40 cities with 42 business financial centers and 5 commercial banking

centers throughout the Inland Empire, LA County, Orange County and the

Central Valley of California

Average Cost of Deposits = 0.14%

Significant equity ownership board of directors: approximately 16%

CVB Financial Corp. (CVBF)

Source: Q1 2012 earnings release & company filings. *non-covered loans

$5.2

Billion

Name

Position

Banking

Experience

CVBF

Service

Christopher D. Myers

President & CEO

28 Years

6 Years

Richard C. Thomas

Executive Vice President

Chief Financial Officer

2 Years

1 Year

James F. Dowd

Executive Vice President

Chief Credit Officer

35 Years

4 Years

David C. Harvey

Executive Vice President

Chief Operations Officer

22 Years

2 Years

David A. Brager

Executive Vice President

Sales Division

24 Years

9 Years

Chris A. Walters

Executive Vice President

CitizensTrust

25 Years

5 Years

Yamynn DeAngelis

Executive Vice President

Chief Risk Officer

32 Years

24 Years

Experienced Leadership

Rank

Name

Asset Size (3/31/12)

Wells Fargo

$1,333,799

Union Bank

$92,323

Bank of the West

$62,343

First Republic Bank

$29,719

OneWest Bank

$25,010

City National Bank

$24,038

East West Bank

$21,750

SVB Financial

$20,818

Cathay Bank

$10,557

Pacific Capital Bank

$5,846

Pacific Western Bank

$5,448

Westamerica Bank

$5,060

Farmers & Merchants of Long Beach

$4,769

In millions

CVB Financial Corp

$6,506

Largest Banks

Headquartered in California

•

140 Consecutive Quarters of Profitability

•

90 Consecutive Quarters of Cash Dividends

•

#11 Forbes Magazine Best Banks (December 2011)

•

BauerFinancial Report

Five Star Rating (September 2011)

•

Fitch Rating

BBB (October 2011)

Bank Accomplishments & Ratings

Our Markets

42 Business Financial Centers

5 Commercial Banking Centers

Existing

Locations

(000’s)

# of Center

Locations

Total Deposits

(3/31/11)

Total Deposits

(3/31/12)

Los Angeles County

$1,964,976

$1,932,495

Inland Empire

(Riverside & San Bernardino Counties)

$1,553,109

$1,617,447

Central Valley

$773,627

$817,461

Orange County

$572,407

$545,356

Other

$199,579

$244,916

Total

$5,063,698

$5,157,675

*Includes Customer Repurchase Agreements

Deposits*

Source: Q1 2012 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA

banks

with

assets

$25

billion.

Deposit Cost Comparison

3 Months

3/31/2012

3 Months

3/31/2011

Change

Service Charges on Deposit Accounts

$4,124,231

$3,723,296

10.77%

Service Charges/Total Deposits (Annualized)

0.32%

0.30%

*Includes Customer Repurchase Agreements

Average Cost of Deposits

0.17%

0.27%

Service Charge Income*

(000’s)

Non-Covered

Loans

Covered

Loans*

Total

Loans*

Los Angeles County

$1,115,483

$14,858

$1,130,341

32.32%

Central Valley

$586,531

$238,542

$807,241

23.59%

Inland Empire

(Riverside & San Bernardino Counties)

$633,955

$2,604

$636,559

18.20%

Orange County

$480,771

$113

$480,884

13.75%

Other

$375,406

$48,927

$442,165

12.13%

Total

$3,192,146

$305,044

$3,497,190

100%

*Prior to MTM discount and loan loss reserve

(Includes loans Held for Sale)

Total Loans

as of 3/31/2012

Total Non-Covered Loans

*Removed Mortgage Pools and Construction Loans

Adjusted Non-Covered Loans*

$515 million

$193 million

(000’s)

Source: Q1 2012 earnings release & company reports | *Non-covered loans

Commercial RE

Non-Owner Occupied

40.0%

Consumer

1.6%

SFR Mortgage

5.2%

Municipal Lease Finance Receivables

3.6%

Auto & Equipment 0.5%

Dairy, Livestock & Agribusiness

9.1%

Commercial & Industrial

15.6%

Construction RE

2.1%

Commercial RE

Owner Occupied 22.3%

Loan Portfolio Composition*

Total Loans by Type

Dairy & Livestock

12/31/11

Territory

Number of

Loan

Outstandings

Total

Loan

Outstandings

Central Valley

Inland Empire

Idaho

New Mexico

Washington

Other Areas

Total

Dairy: Real Estate

Grand Total

198

260

$148,391

$63,333

$60,321

$38,212

$22,339

$10,953

$343,549

$151,714

$495,263

(000’s)

Net of Discount

$184 million

$59.3 million

Includes Loans Held for Sale

Total Covered Loans

Non-Performing Assets

Non-Covered

Loan Loss Allowance/ Charge-Offs

Non-Covered--

(000’s)

Classified Loans

Non-Covered

CVBF’s strong loan underwriting culture has limited its exposure to problem credits

Continued profitability has allowed CVB to build its capital base and reserves for loan losses.

Texas Ratio

NPA’s/Loans & OREO

Source: Q1 2012 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA

banks

with

assets

$25

billion.

Non-Covered

(000’s)

Net Income After Taxes

$87.4 Million

$20,000

$22,500

2007

2008

2009

2010

2011

2012

Net Income

$17,500

$15,000

$12,500

$10,000

$7,500

$5,000

$2,500

2008

2009

2010

2011

3/31/2012

Net Interest Income

$193,679

$222,264

$259,317

$234,681

$58,602

Provision for Credit Losses

($26,600)

($80,500)

($61,200)

($7,068)

Other Operating

Income/Expenses (Net)

($81,331)

($52,515)

($111,378)

($106,809)

($24,956)

Income Taxes

($22,675)

($23,830)

($23,804)

($39,071)

($11,378)

Net Profit After Tax

$63,073

$65,419

$62,935

$81,733

$22,268

(000’s)

Earnings

Normalized*

1.50%

1.75%

2.00%

2.25%

2.50%

2.75%

3.00%

3.25%

3.50%

3.75%

4.00%

4.25%

2007

2008

2009

2010

2011

2012

Net Interest Margin

*Normalized

excludes

accelerated

accretion

covered

loans

Return on Average Assets

Return on Average Tangible Equity

Net Interest Margin

Peer Profitability Metrics

Source: Q1 2012 earnings release & other company filings, SNL Financial—peers represent public CA, AZ, HI, NV, OR & WA banks with assets $2 - $25 billion.

Regulatory

Minimum Ratio

Regulatory

Well-Capitalized Ratio

March

31, 2012

Tier 1 Risk-based Capital Ratio

4.0%

6.0%

18.18%

Total Risk-based Capital Ratio

8.0%

10.0%

19.44%

Tier 1 Leverage Ratio

4.0%

5.0%

11.35%

Tangible Capital Ratio

4.0%

5.0%

10.38%

Core Tier 1 Capital Ratio

15.57%

Capital Ratios

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

18.00%

2007

2008

2009

2010

2011

2012

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

18.00%

20.00%

2007

2008

2009

2010

2011

2012

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

10.00%

11.00%

2007

2008

2009

2010

2011

2012

Tier 1 Capital Ratio

Total Risk –

Total Risk 

–

Based Capital Ratio

Tangible Common Equity/Tangible Assets

CVBF

Peer

CVBF

Peer

Peer Capital Metrics

Source: Q1 2012 earnings release & other company filings, SNL Financial—peers represent public CA , AZ, HI, NV, OR & WA banks with assets $2 - $25 billion

Securities/Investments

Source:

2012

earnings

release.

03/31/2012

securities

held-to-maturity

were

valued

approximately

$2.3

million

Yield

securities represents the

fully taxable equivalent

*Securities Available For Sale

Securities portfolio totaled $2.4 billion at 3/31/2012. The portfolio represents 36.5% of the Bank’s total

assets

Virtually all of the Bank’s mortgage-backed securities were issued by Freddie Mac or Fannie Mae which

have the guarantee of the U.S. government. 99% of the Bank’s municipal portfolio contains securities

which have an underlying rating of investment grade. California municipals represent only 6 % of the

municipal bond portfolio

Government Agency &

GSEs

1.6%

MBS

39.6%

CMO

31.1%

Municipal Bonds

27.3%

Yield on securities

portfolio = 3.03%

Trust Preferred

0.4%

Securities Portfolio*

--$2.4 Billion--

(000’s)

*Securities Available For Sale

$71,425

Securities Portfolio*

$2.4 Billion

Mark-to-Market

(Pre-tax)

*Includes overnight funds held at the Federal Reserve, due from Correspondent Banks,

other short-term money market accounts or certificates of deposit

Loans

Securities

Fed Balance*

Other

Goodwill & Intangibles

3/31/12

$6.5

Billion

12/31/06

$6.1

$6.1 Billion

Securities

Fed Balance*

Goodwill & Intangibles

Other

Loans

2.8%

12/31/06

$5.7 Billion

3/31/12

$5.8 Billion

TOTAL DEPOSITS*

Jr. Subordinated

Debentures

Other Liabilities

BORROWINGS

Jr. Subordinated

Debentures

BORROWINGS

TOTAL DEPOSITS*

Other

Liabilities

*Includes Customer Repurchase Agreements

CVBF Liabilities

Our Growth Strategy

Citizens Business Bank will strive to become

the dominant financial services company

operating throughout the state of California,

servicing the comprehensive financial needs

of successful small to medium sized

businesses and their owners.

Our Vision

The best

privately-held and/or family-owned

businesses throughout California

—

Annual revenues of $1-200 million

—

Top 25% in their respective industry

—

Full relationship

banking

—

Build 20-year relationships

Target Customer

Acquisitions

--Banks--

--Trust--

Three Areas of Growth

Same Store

Sales

DeNovo

•

Conventional M&A

•

Target size: $200 million to $2 billion in assets

•

Financial & Strategic

•

In-market and/or adjacent geographic market

(California only)

--Banks--

--Trust/Investment--

•

Target size: AUM of $200 million to $1 billion

•

In California

Acquisition Strategy

•

Quality Loan Growth

•

Non-Interest Bearing Deposit Growth

•

Non-Interest Income Growth

•

Expense Control

•

Grow Through Acquisition

Our ‘Critical Few’

*Total Loans net of SJB purchase discount

Total Loans*

Non-Interest Bearing Deposits

*Net of Loss/Gain on OREO and Investment Securities Sales

Non-Interest Income*

(000’s)

2009

2010

2011

Q1 2012

Annualized

Salaries and Employee Benefits

$62,985

$69,419

$69,993

$67,251

Promotion & Entertainment

$6,528

$6,084

$4,977

$5,031

Supplies

$2,989

$3,314

$2,558

$2,369

Software Licenses & Maintenance

$2,320

$5,031

$3,669

$3,656

Professional Services

$6,965

$13,308

$15,031

$8,008

OREO Expense

$1,211

$7,490

$6,729

$2,936

Other

$50,588

$63,846

$38,068

$32,260

TOTAL:

$133,586

$168,492

$141,025

$121,512

Expenses

•

Strong Capital position

•

Strong, disciplined credit underwriting/credit culture

•

Drive low-cost, sustainable deposits

•

Multiple forms of growth (don’t depend on one)

•

Same Store Sales

•

DeNovo

•

Acquisitions

•

Cross-sell: capture the whole wallet

•

Build new Fee Income opportunities

•

Long-term outlook

Our Strategic Focus