Company: CVBF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000950170-25-105728
Chunk: 0

Company: CVB FINANCIAL CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 0
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CVB FINANCIAL CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except share amounts)

(Unaudited) 

     June 30,

     December 31,

     2025

     2024

     Assets

     Cash and due from banks
      
     $
     195,063

     $
     153,875

     Interest-earning balances due from Federal Reserve

     543,573

     50,823

     Total cash and cash equivalents

     738,636

     204,698

     Interest-earning balances due from depository institutions

     11,004

     480

     Investment securities available-for-sale, at fair value (with amortized cost of    $2,840,450 at June 30, 2025, and $2,997,047 at December 31, 2024)

     2,486,306

     2,542,115

     Investment securities held-to-maturity (with fair value of  $1,934,756 at    June 30, 2025, and $1,954,345 at December 31, 2024)

     2,327,230

     2,379,668

     Total investment securities

     4,813,536

     4,921,783

     Investment in stock of Federal Home Loan Bank (FHLB)

     18,012

     18,012

     Loans and lease finance receivables

     8,358,501

     8,536,432

     Allowance for credit losses

     (78,003
     )

     (80,122
     )

     Net loans and lease finance receivables

     8,280,498

     8,456,310

     Premises and equipment, net

     26,606

     27,543

     Bank owned life insurance (BOLI)

     320,596

     316,248

     Accrued interest receivable

     45,247

     45,716

     Intangibles

     7,657

     9,967

     Goodwill

     765,822

     765,822

     Income taxes

     152,798