Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 313

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 313
---
    $
    146

    $
    20,195

    $
    639

    % of Total loans

    0.01
    %

    0.36
    %

    0.00
    %

    0.23
    %

    0.01
    %

    OREO:

    Commercial real estate
     
    $
    18,656

    $
    —

    $
    —

    $
    —

    $
    —

    SBA

    —

    —

    —

    —

    —

    SFR mortgage

    647

    647

    647

    647

    —

    Total
     
    $
    19,303

    $
    647

    $
    647

    $
    647

    $
    —

    Total nonperforming, past due, and   OREO
     
    $
    47,585

    $
    53,325

    $
    25,750

    $
    34,652

    $
    21,941

    % of Total loans

    0.25
    %

    0.62
    %

    0.30
    %

    0.40
    %

    0.25
    %

    Classified Loans
     
    $
    89,549

    $
    124,606

    $
    124,728

    $
    103,080

    $
    102,197

Nonperforming loans, defined as nonaccrual loans, including modified loans on nonaccrual, and loans past due 90 days or more and still accruing interest, were $27.8 million at December 31, 2024, or 0.33% of total loans. This compares to nonperforming loans of $21.3 million, or 0.24% of total loans, at December 31, 2023. The $6.5 million increase in nonperforming loans was primarily due a $10.4 million increase in nonperforming commercial real estate loans, which was due to the addition of two new nonperforming loans, which was partially offset by a decrease of $4.2 million in nonperforming commercial and industrial loans. Classified loans are loans that are graded “substandard” or worse. Classified loans of $89.5 million decreased $35.1