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SCVBank Reports Second Quarter Income Up Over 200% From Year Earlier
Double Digit Growth in Both Loans and DDA Accounts


SANTA PAULA, CA. July 20, 2007- Santa Clara Valley Bank (SCVBank;OTC BB:SCVE.OB) today announced its 2007 second quarter financial results.

SCVBank reported that revenue was $1,932,000 in the second quarter of 2007, an increase of 33%, or $477,000, over the $1,455,000 of revenue in the second quarter of 2006. This increased revenue contributed to the Bank's net income for the quarter of $140,000, compared to the $32,000 earned in the same quarter of 2006, an improvement of 338%. SCVBank has chosen to early adopt FAS 159, The Fair Value Option for Financial Assets and Financial Liabilities. As a result, the Bank recorded a marked-to-market loss during the second quarter of $39,000, which was detrimental to quarterly net income. However, the sale of securities allowed the Bank to improve liquidity and eliminate high rate brokered CD's, therefore enhancing its net interest margin.

Non-interest income for the quarter increased by $64,000, or 41% over the second quarter 2006, as fee income has increased with contributions from SCVBank's rapidly expanding SBA loan program.

Compared to the first quarter, 2007, net income increased $20,000, or 17%. Year-to-date net income is $260,000 versus $81,000 in 2006, a 221% increase. The Bank's net interest margin increased to 4.51%.

In the second quarter of 2007, the Bank's assets grew to $102.1 million, up from $96.6 million at year-end 2006, an increase of approximately 5.7%. The Bank has $29.2 million in non-interest bearing deposits, up from $25.9 million, or 13%, over the same period with strong growth in our core customer base. Loans also grew from $62.0 million at year-end 2006 to $74.3 million at June 30, 2007, up 20%.

The exercise of outstanding warrants increased capital by $1.0 million during the quarter. Chairman Guy Cole reflected, "The additional capital makes us a stronger Bank, and allows for managed growth for years to come. The Board will ensure the capital is efficiently utilized to leverage the strategies of SCVBank."

"The new larger customer-friendly Fillmore Branch, which opened in June, has contributed substantially to the 13% increase in non-interest bearing deposits in 2007", stated President Hause. "The Bank's commitment to exceptional service continues to bring in new relationships", he added.

The Bank's loan portfolio continues to perform well. SCVBank continues to have zero non-performing loans and delinquencies are minimal.

The last sale of the Bank's common stock was for $17.00 per share.

Founded in 1998, Santa Clara Valley Bank has offices in Santa Paula, Fillmore, and Valencia. Under its stock symbol of SCVE.OB, Santa Clara Valley Bank's stock is traded through Wedbush Morgan Securities, Howe Barnes Hofer & Arnett, and Monroe Securities. The Bank's web site is www.SCVBank.com.

Santa Clara Valley Bank Corporate 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, 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.







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