______________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported):
July 8, 1994
CVB Financial Corp.
(Exact name of registrant as specified in its charter)
CALIFORNIA
(State or other jurisdiction of incorporation)
1-10394
(Commission File Number)
95-3629339
(IRS Employer Identification No.)
701 North Haven Avenue, Suite 350, Ontario, California 91764
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code:
(909) 980-4030
Not Applicable
(Former name or former address, if changed since last report)
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THIS REPORT INCLUDES A TOTAL OF 4 PAGES
EXHIBIT INDEX ON PAGE 3
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Item 1. Changes in Control of Registrant.
None.
Item 2. Acquisition or Disposition of Assets.
None.
Item 3. Bankruptcy or Receivership.
None.
Item 4. Changes in Registrant's Certifying Accountant.
None.
Item 5. Other Events.
On July 8, 1994, Chino Valley Bank (the "Bank"), a wholly-owned
subsidiary of CVB Financial Corp. (the "Company"), entered
into an Insured Deposit Purchase and Assumption Agreement
(the "Agreement") with the Federal Deposit Insurance
Corporation ("FDIC") in its capacity as receiver for
Pioneer Bank, Fullerton, California ("Pioneer"). Pursuant
to the Agreement, the Bank assumed an aggregate of
approximately $59.0 million in deposits of the former
Pioneer Bank. The Bank acquired certain assets of
Pioneer Bank that included approximately $1.5 million
in loans, $3.0 million in federal funds sold and
$5.2 million in investment securities. The Bank
received from the FDIC approximately $48.5 million
in cash. The Bank has agreed to provide full service
banking in the trade area of Pioneer Bank and is
currently occupying Pioneer's branch office with an
option to lease this facility. In addition, the Bank
has the option to purchase from the FDIC certain loans
and other assets of the former Pioneer Bank. It is the
intention of the Bank to operate this office as its
nineteenth branch.
Item 6. Resignations of Registrant's Directors.
None.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired
None
(b) Pro Forma Financial Information.
None
(c) Exhibits.
None
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has dully caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
CVB FINANCIAL CORP.
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(Registrant)
Date: July 21, 1994
/s/ Robert J. Schurheck
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Robert J. Schurheck
Chief Financial Officer
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