SUN VALLEY, Calif., June 11 /PRNewswire-FirstCall/ -- Mission Valley Bank - the sole subsidiary of Mission Valley Bancorp (OTC:MVLY) (BULLETIN BOARD: MVLY) , is pleased to announce that Mission Valley Bank has once again achieved the ranking of "Premier Performing Bank" by the prestigious Findley Reports for the Bank's 2008 financial performance. Despite the challenging economic environment of 2008, Mission Valley Bank, the sole subsidiary of Mission Valley Bancorp performed well reporting Return on Equity of 7.91% during a period when MVB's Peer California Banks (assets between $100 and $300 million) reported an average ROE of (negative) -4.44% and the entire 12th District reported (negative) -5.19% (from the FDIC Quarterly Banking Profile - Full Year 2008, FDIC Insured Commercial Banks). Additionally, MVB was able to achieve Return on Assets of 0.73% when the same California Bank Peer Group reported (negative) -0.59% and again the entire 12th District reported (negative) -0.47% (from the FDIC Quarterly Banking Profile - Full Year 2008, FDIC Insured Commercial Banks). During 2008, Mission Valley also achieved a 16% growth in Assets, a 14% increase in Loans and grew deposits by more than 19%. All of these performance factors combined to earn Mission Valley Bank the honorable distinction as a "Premier Performing Bank" for the 6th consecutive year. Tamara Gurney, President and CEO of Mission Valley Bank stated - "Our 2008 recognition as a Premier Performing Bank represents our sixth consecutive year ranked among the top 36 best performing banks in the State of California. Particularly during these turbulent economic times, earning this distinction stands as a great testament to the dedication of our entire staff and management team to build and maintain a superior community business Bank." Gurney continued, "Mission Valley Bank was established with the core principle to provide unique financial solutions to growing, small to mid-sized businesses throughout the markets we serve. Many of these businesses have been overlooked and/or undervalued by our competitors. Oftentimes these businesses don't easily fit into the 'cookie cutter' style of banking and financing typically required during these challenging times. We are here to 'change the shape of the box' and work with our clients to find solutions best suited to them and their business." Since beginning operations in 2001, Mission Valley Bancorp has continued its steady growth and superior performance. During the first quarter of 2009, total assets surpassed $256 million, loans exceeded $189 million and total deposits grew to more than $197 million (un-audited 03/31/09). These indicators, coupled with the company's superior earnings performance of $366,000.00 for the first quarter of 2009, serve to indicate that Mission Valley Bancorp's strength of performance will continue through the remainder of the year and beyond. Mission Valley Bank is a full-service, independent bank with branch offices in Sun Valley and the Valencia and Centre Pointe areas of the Santa Clarita Valley, California. http://www.missionvalleybank.com/ Forward-looking statements: Certain matters discussed in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon current management expectations and, therefore, are subject to certain risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed, suggested, or implied by the forward-looking statements. Forward-looking statements are effective only as of the date that they are made and Mission Valley Bank assumes no obligation to update this information. DATASOURCE: Mission Valley Bancorp CONTACT: Tamara Gurney, CEO of Mission Valley Bancorp, +1-818-394-2300 Web Site: http://www.missionvalleybank.com/

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