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SCVBank Reports Strong Growth in Earnings

Zero non-performing assets

Santa Paula, CA. March 7, 2008- Santa Clara Valley Bank (SCVBank; OTC BB: SCVE.OB) today announced its 2007 fourth quarter and year-end financial results.

The Bank reported that quarterly revenue was $1,970,000 in the fourth quarter, an increase of 9.4%, or $170,000 over the $1,800,000 of revenue in the fourth quarter of 2006. The Bank's fourth quarter net income of $174,000 was up from $118,000 in the fourth quarter 2006, an increase of 47%.

Total revenue for 2007 was $7,478,000, which was a 20% increase over the $6,243,000 for 2006. This contributed to an increase in net income of 57%. Net income after taxes for 2007 was $472,000. SCVBank's net interest margin increased during the year to 4.70%.

In 2007, the Bank's loans grew to $81.6 million, up from $62 million at the previous year-end, an increase of approximately 32%. The Bank has more than $91.5 million in deposits, up from $83.2 million, or 10%, over year-end 2006.

SCVBank's loan portfolio continues to perform extremely well. For the year, loan charge-offs were nil. At year-end, there were no "non-performing" assets and delinquencies were minimal. Non-criticized loans comprise 99.55% of the loan portfolio.

Chairman Guy Cole remarked, "We are very proud of our credit quality during these challenging times. Our long-term strategy of being a lender that has the long-term interests of our Bank and customers in mind, coupled with outstanding underwriting, has allowed SCVBank to maintain extremely high asset quality. It's all about SCVBank providing constructive credit which builds strong long-term relationships with our customers."

Bank assets at year-end were $107.3 million, an increase of 11%, over the 2006 year-end level of $96.6 million. The Bank now holds 4,638 depository accounts. Non-interest bearing deposits have increased to 33% of the total deposits.

Michael D. Hause, President and CEO stated, "The strength of our loan portfolio is exceptional at this time. Our credit staff should be complimented on their commitment to quality loan administration." He continued, "Our Remote Deposit Capture Program is now fully operational. We have dozens of customers who have benefited from the features of the product. Our marketing efforts in 2008 will be centered around this revolutionary product."

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, and Howe Barnes Hofer & Arnett. 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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