SCVBank Reports Second Quarter 2013 Results
Continued Improvement in Loan Quality, Improving Capital Ratios, Highly Liquid

SANTA PAULA, CA. - Santa Clara Valley Bank (SCVBank;OTC BB: SCVE) Chairman of the Board, Scott K. Rushing, today announced the Bank's 2013 second quarter results.

Board Chairman Scott Rushing reported that portfolio quality continues to demonstrate solid performance with a low level of past due loans to total loans of just 1.18% at the end of the second quarter of 2013, an all time low since pre-recession. President Cheryl Knight commented that “a good quality loan portfolio will enable the bank to focus more resources on the origination of good quality loans in our local community, leading to growth and enhanced earnings.”

SCVBank recorded a net loss from operations of $1,000 for the second quarter of 2013 compared to a net profit of $196,000 for the second quarter of 2012. The increase in expenses in 2013 is primarily due to the hiring of additional loan officers and loan support staff. Chairman Rushing stated that “the results are consistent with the bank’s strategic plan to hire additional lending staff to support future growth of the bank. Results are already apparent with second quarter new loan production representing the highest level in the most recent six quarters.” Ms. Knight added that “the bank is always seeking good quality loans and, while historically low interest rates remain a challenge, as new quality loans are funded, the financial performance of SCVBank should strengthen.”

SCVBank continues to maintain a strong capital position with a Tier 1 Leverage Capital Ratio of 11.06%, up from 10.68% at December 31, 2012.

Liquidity continues to be very strong as cash and investments total 50% of total assets at quarter end.
Founded in 1998, SCVBank currently operates three branches in Santa Paula, Fillmore, and Valencia. Under its stock symbol of SCVE.OB, SCVBank’s stock is traded through McAdams Wright Ragen, Raymond James & Associates Inc., and Monroe Securities. The Bank’s web site is www.SCVBank.com.

Santa Clara Valley Bank Corporation Headquarters
901 East Main Street
Santa Paula, California 93060
805 525-1999

Statements concerning future performance, developments or events concerning expectations for growth and market forecasts, and any other guidance on future periods, constitute forward looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, the effect of interest rate changes, and the ability to control costs and expenses, the impact of consolidation in the banking industry, financial policies of the United States government, and general economic conditions.