**SECURITIESAND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 10-Q/A**
| **x** | **QUARTERLY  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT OF 1934** |
|-------|-----------------------------------------------------------------------------------------------|

 

**For the Quarterly Period Ended March 31, 2007**
| **o** | **TRANSITION  REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES  EXCHANGE ACT OF 1934** |
|-------|-------------------------------------------------------------------------------------------------|

 

**COMMUNITYVALLEY BANCORP**

(Exact name of registrant as specified in its charter)

| **California**                   |   | **000-51678**             |   | **68-0479553**            |
|----------------------------------|--------|---------------------------|--------|---------------------------|
| (State or other  jurisdiction of |   | (Commission File  Number) |   | (IRS Employer ID  Number) |
| incorporation or  organization)  |   |                      |   |                      |

 

| **2041 Forest Avenue, Chico, California** |   | **95928**  |
|-------------------------------------------|--------|------------|
| (Address of  principal executive offices) |   | (Zip code) |

 

**(530) 899-2344**

(Registrant’s telephone number, including area code)

**not applicable**

(Former name, former address and former fiscal year,if changed since last report.)

Indicateby check mark whether the registrant (1) has filed all reports required to befiled by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or such shorter period that the registrant was required tofile such reports), and (2) has been subject to such filing requirements forthe past 90 days.

Yes  x  No  o

Indicateby check mark whether the registrant is a large accelerated filer, anaccelerated filer, or a non-accelerated filer. See definition of “acceleratedfiler and large accelerated filer” in Exchange Act Rule 12-b-2.
| Large accelerated filer |   | o |   | Accelerated filer |   | x |   | Non-accelerated filer |   | o |
|-------------------------|--------|---|--------|-------------------|--------|---|--------|-----------------------|--------|---|

 

Indicateby check mark whether the registrant is a shell company (as defined in ExchangeAct Rule 12b-2. Yes  o  No  x

Indicatethe number of shares outstanding of each of the issuer’s classes of common stock,as of the latest practicable date:

No par value Common Stock— 7,567,766 shares outstanding at May 8, 2007.

 

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**ExplanatoryNotes**

Subsequent to the filingof the March 31, 2007 10-Q the Company became aware of an inadvertent omissionin the certifications of the CEO and CFO in exhibits 31.1 and 31.2.Specifically, the reference to internal control in item 4 and subparagraph 4(b)were not included in the original filing.

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## **PARTII – OTHER INFORMATION**

Item 6.  Exhibits

(a)  Exhibits
| Exhibit    | ** ** | ** **                                                                       |
|------------|------------|----------------------------------------------------------------------------------|
| **Number** | ** ** | **Document Description**                                                         |
|       |       |                                                                             |
| (31.1)     |       | Certification of CEO pursuant to Section 302 of the  Sarbanes-Oxley Act of 2002. |
|       |       |                                                                             |
| (31.2)     |       | Certification of CFO pursuant to Section 302 of the  Sarbanes-Oxley Act of 2002. |

 

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**SIGNATURES**

Pursuant to therequirements of the Securities and Exchange Act of 1934, the registrant hasduly caused this report to be signed on its behalf by the undersigned,thereunto duly authorized.
|              |    COMMUNITY VALLEY BANCORP        |
|--------------|---------------------------------------------------|
|         |                                              |
| May 17, 2007 |                                              | By: | */s/ Keith C. Robbins* |   |
|         |                                              |   | * * |   |
|         | Keith C. Robbins                                  |
|         | President, Chief Executive Officer                |
|         |                                              |
|         |                                              |
| May 17, 2007 |                                              | By: | */s/ John F. Coger* | * * |
|         | * *                                          |
|         | John F. Coger                                     |
|         | Executive Vice President, Chief Financial Officer |
|         | and Chief Operating Officer                       |
|              |                                                   |  |  |  |  |  |

 

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