
CMUV Bancorp, the holding company for Community Valley Bank (CVB), has released its unaudited financial results for the year ending December 31, 2024, showcasing a year of solid financial performance and strategic growth.
The bank reported net earnings of $4,156,350 for the year, with earnings per share at $2.38. Total assets increased to $311 million, representing substantial growth from the previous year. Gross loans approached $263 million, while deposits rose to $271 million, indicating strong market confidence and operational expansion.
Key financial indicators reveal CVB’s robust financial position. The Community Bank Capital Leverage ratio stood at 12.0%, significantly exceeding regulatory requirements for a well-capitalized bank. The Allowance for Credit Losses (ACL) concluded the year at $2,710,837, representing 1.04% of total loans, with non-accrual and past due loans remaining exceptionally low at less than 0.02%.
Profitability metrics demonstrated the bank’s efficiency, with Return on Average Assets (ROAA) at 1.36% and Return on Average Equity (ROAE) at 12.17%. These figures underscore CVB’s ability to generate consistent returns for shareholders while maintaining a strong capital base.
Comparative financial data shows steady year-over-year growth. Interest income increased to $17,885,742, up from $15,927,961 in the previous year. Net interest income grew to $12,697,111, reflecting the bank’s effective financial management.
The bank’s strategic approach is evident in its balanced growth and risk management. Total investments remained stable at $7,191,513, while maintaining a conservative approach to borrowings and debt obligations.
These financial results position CMUV Bancorp as a stable and growing financial institution, demonstrating resilience and strategic planning in a competitive banking landscape.

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