CVB FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
CVBF$22.79-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets — December 31, 2024 and 2023
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except share amounts)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and due from banks | $153,875 | $171,396 |
| Interest-earning balances due from Federal Reserve | 50,823 | 109,889 |
| Total cash and cash equivalents | 204,698 | 281,285 |
| Interest-earning balances due from depository institutions | 480 | 8,216 |
| Investment securities available-for-sale, at fair value (with amortized cost of $2,997,047 at December 31, 2024, and $3,398,942 at December 31, 2023) | 2,542,115 | 2,956,125 |
| Investment securities held-to-maturity (with fair value of $1,954,345 at December 31, 2024, and $2,082,881 at December 31, 2023) | 2,379,668 | 2,464,610 |
| Total investment securities | 4,921,783 | 5,420,735 |
| Investment in stock of Federal Home Loan Bank (FHLB) | 18,012 | 18,012 |
| Loans and lease finance receivables | 8,536,432 | 8,904,910 |
| Allowance for credit losses | (80,122) | (86,842) |
| Net loans and lease finance receivables | 8,456,310 | 8,818,068 |
| Premises and equipment, net | 27,543 | 44,709 |
| Bank owned life insurance (BOLI) | 316,248 | 308,706 |
| Accrued interest receivable | 45,716 | 48,994 |
| Intangibles | 9,967 | 15,291 |
| Goodwill | 765,822 | 765,822 |
| Income taxes | 171,178 | 163,968 |
| Other assets | 215,898 | 127,187 |
| Total assets | $15,153,655 | $16,020,993 |
| Liabilities and Stockholders' Equity | ||
| Liabilities: | ||
| Deposits: | ||
| Noninterest-bearing | $7,037,096 | $7,206,175 |
| Interest-bearing | 4,911,285 | 4,227,467 |
| Total deposits | 11,948,381 | 11,433,642 |
| Customer repurchase agreements | 261,887 | 271,642 |
| Other borrowings | 500,000 | 2,070,000 |
| Deferred compensation | 22,909 | 22,335 |
| Accrued interest payable | 5,047 | 23,268 |
| Other liabilities | 229,115 | 122,134 |
| Total liabilities | 12,967,339 | 13,943,021 |
| Commitments and Contingencies | ||
| Stockholders' Equity | ||
| Common stock, authorized, 225,000,000 shares without par; issued and outstanding 139,690,086 at December 31, 2024 and 139,344,981 at December 31, 2023 | 1,296,881 | 1,288,899 |
| Retained earnings | 1,201,499 | 1,112,642 |
| Accumulated other comprehensive loss, net of tax | (312,064) | (323,569) |
| Total stockholders' equity | 2,186,316 | 2,077,972 |
| Total liabilities and stockholders' equity | $15,153,655 | $16,020,993 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.