Press Releases

7/3/2009 - PREMIER VALLEY BANK WILL ACCEPT REGISTERED WARRANTS ISSUED BY THE STATE OF CALIFORNIA

Premier Valley Bank today announced the Bank will accept registered warrants issued by the State of California.

FRESNO, CALIFORNIA - July 3, 2009 - Premier Valley Bank (OTC Bulletin Board PVLY) today announced the Bank will accept registered warrants issued by the State of California. Registered warrants, basically IOU's from the State of California which are being issued because of the current budget crisis, will be accepted from existing customers beginning Thursday, July 2, 2009. Although no time limit has currently been imposed, the Bank may place a limit on the aggregate dollar amount it will accept. Premier Valley Bank will not be accepting third-party warrants.

J. Mike McGowan, President and Chief Executive Officer, stated, "It is indeed unfortunate that California's top elected officials have again been unable to adopt a budget on a timely basis. However, Premier Valley Bank is pleased to be able to support our customer's needs by accepting registered warrants. In the final analysis, our financial strength affords us the ability to support our customers and the State during a time when that support is most needed."

Premier Valley Bank is a full service bank known as "THE" Business and Professional Bank in Central California and "THE" Community Bank Serving the Sierra. The Bank's Directors are Jerry E. Cook; Mateo F. De Soto, M.D.; Surinder P. Dhillon, M.D.; Linda F. East; Richard H. Lehman; Michael S. Mathiesen; J. Mike McGowan; Thomas G. Richards; and Joe Williams.

Cautionary Statement: This release may contain certain forward-looking statements which are not historical facts and may pertain to future operating results. These forward-looking statements are within the meaning of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause the Bank's actual results to be materially different from the results discussed herein. These risks and uncertainties include those related to the economic environment particularly in the region where Premier Valley Bank does business, competitive products and pricing, general interest rate changes, the fiscal and monetary policies of the United States Government, credit risk management, regulatory actions, and other risks and uncertainties. Words such as "anticipate," "believe," "estimate," "expect," "should," "intend," "project," and words or phrases of similar meaning are intended to identify forward-looking statements.