Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 192

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 192
---
    51,303

    5.38
    %

    51,303

    —

    —

    —

    —

    51,303

    Loans and lease finance receivables (2)

    8,536,432

    5.26
    %

    1,073,126

    507,270

    669,177

    681,502

    5,605,357

    8,229,923

    Total interest-earning assets
     
    $
    13,527,530

    $
    1,199,645

    $
    523,485

    $
    698,455

    $
    695,292

    $
    10,410,653

    $
    12,795,698

    Interest-bearing liabilities:

    Interest-bearing deposits
     
    $
    4,911,285

    2.21
    %
     
    $
    4,899,967

    $
    8,097

    $
    1,695

    $
    704

    $
    822

    $
    4,908,070

    Borrowings

    761,887

    4.10
    %

    261,887

    300,000

    200,000

    —

    —

    716,566

    Total interest-bearing liabilities
     
    $
    5,673,172

    $
    5,161,854

    $
    308,097

    $
    201,695

    $
    704

    $
    822

    $
    5,624,636

(1)These include mortgage-backed securities which generally prepay before maturity. Includes TE adjustments utilizing a federal statutory rate of 21%.

(2)Gross loans, at amortized cost. 

Interest Rate Sensitivity Management 

During periods of changing interest rates, the ability to re-price interest-earning assets and interest-bearing liabilities can influence net interest income, the net interest margin, and consequently, our earnings. Interest rate risk is managed by 

75

attempting to control the spread between rates earned on interest-earning assets and the rates paid on interest-bearing liabilities within the constraints imposed by market competition in our service area. The primary goal of interest rate risk management is to control exposure to interest rate risk, within