Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 211

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 211
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    2,077,972

    Total liabilities and stockholders' equity
     
    $
    15,153,655

    $
    16,020,993

See accompanying notes to the consolidated financial statements.

89

CVB FINANCIAL CORP. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME 

(Dollars in thousands, except per share amounts) 

    Year Ended December 31,

    2024

    2023

    2022

    Interest income:

    Loans and leases, including fees
     
    $
    455,755

    $
    448,295

    $
    389,192

    Investment securities:

    Investment securities available-for-sale

    80,890

    83,563

    68,508

    Investment securities held-to-maturity

    53,151

    54,750

    49,048

    Total investment income

    134,041

    138,313

    117,556

    Dividends from FHLB stock

    1,551

    1,861

    1,207

    Interest-earning deposits with other institutions

    38,765

    17,861

    6,713

    Total interest income

    630,112

    606,330

    514,668

    Interest expense:

    Deposits

    105,483

    51,535

    6,830

    Borrowings and customer repurchase agreements

    76,709

    66,805

    2,325

    Other

    573

    —

    —

    Total interest expense

    182,765

    118,340

    9,155

    Net interest income before provision for (recapture of) credit losses

    447,347

    487,990

    505,513

    Provision for (recapture of) credit losses

    (3,000
    )

    2,000

    10,600

    Net interest income after provision for (recapture of) credit losses

    450,347

    485,990

    494,913

    Noninterest income:

    Service charges on deposit accounts

    20,370