FRESNO, CA--(Marketwire -04/12/12)- Daniel J. Doyle, President and CEO of Central Valley Community Bank (Bank), the sole subsidiary of Central Valley Community Bancorp (Company) (NASDAQ: CVCY - News), is pleased to announce the Bank has achieved a Super Premier Performance ranking by The Findley Reports based upon 2011 year end financials, which is the highest of their three performance rankings. The other tiers include Premier Performance and Commendable Performance. The Bank has been recognized as a Super Premier Performer or a Premier Performer 23 times in its 32-year history.
The Bank was one of 35 banks in California that was recognized as a Super Premier Performer and one of ten banks headquartered within the Bank's Central Valley footprint to receive this distinction. The criteria analyzed to achieve all three performance levels was: increased liquidity, capital adequacy, asset structure and growth, loan portfolio and deposit qualities, operating performance, equity return and senior management stability.
"We are honored to receive The Findley Reports' highest recognition, which is another demonstration of our Bank's financial strength and security, and should provide our customers and the community with increased confidence in Central Valley Community Bank," said Daniel J. Doyle, President and CEO of Central Valley Community Bank and Central Valley Community Bancorp.
The Findley Reports' Super Premier Performance classification is widely coveted by financial institutions nationwide. The Findley Reports has provided the banking industry with performance benchmarking, awarding distinct classifications to a variety of financial institutions since 1965.
Central Valley Community Bank currently operates 17 full service offices in Clovis, Fresno, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Sacramento, Stockton and Tracy, California. Additionally, the Bank operates Commercial Real Estate Lending, SBA Lending and Agribusiness Lending Departments. Investment services are provided by Investment Centers of America and insurance services are offered through Central Valley Community Insurance Services LLC. Members of Central Valley Community Bancorp's and the Bank's Board of Directors are: Daniel N. Cunningham (Chairman), Sidney B. Cox, Edwin S. Darden, Jr., Daniel J. Doyle, Steven D. McDonald, Louis McMurray, Wanda L. Rogers (Director Emeritus), William S. Smittcamp, and Joseph B. Weirick.
More information about Central Valley Community Bancorp and Central Valley Community Bank can be found at www.cvcb.com.
- Central Valley