Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 214

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 214
---
    11,505

    11,505

    Balance, December 31, 2024

    139,690

    $
    1,296,881

    $
    1,201,499

    $
    (312,064
    )
     
    $
    2,186,316

See accompanying notes to the consolidated financial statements.

91

CVB FINANCIAL CORP. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF CASH FLOWS 

(Dollars in thousands)  

    Year Ended December 31,

    2024

    2023

    2022

    Cash Flows from Operating Activities

    Interest and dividends received
     
    $
    644,086

    $
    615,078

    $
    512,693

    Service charges and other fees received

    44,364

    43,694

    43,859

    Interest paid

    (200,412
    )

    (95,505
    )

    (8,583
    )

    Net cash paid to vendors, employees and others

    (184,398
    )

    (197,739
    )

    (185,300
    )

    Income taxes

    (53,875
    )

    (69,896
    )

    (88,938
    )

    Net cash provided by operating activities

    249,765

    295,632

    273,731

    Cash Flows from Investing Activities

    Proceeds of FHLB stock, net

    —

    9,615

    (4,903
    )

    Net change in interest-earning balances from depository institutions

    7,736

    1,337

    26,446

    Proceeds from repayment of investment securities available-for-sale

    311,630

    374,490

    423,040

    Proceeds from maturity of investment securities available-for-sale

    66,395

    329

    90,172

    Proceeds from sales of available-for-sale securities

    439,420

    —

    —

    Purchases of investment securities available-for-sale

    (419,190
    )

    (46,415
    )

    (1,146,071
    )

    Proceeds from repayment and maturity of investment securities