Capital Corp of the West Files First Quarter Call Report

Negotiations with borrowers and appraisal evaluations may result
in remediation of reserves
MERCED, Calif.--(Business Wire)--
Capital Corp of the West (NASDAQ:CCOW), the holding company for
County Bank ("the Bank"), announced today that the Bank has filed, as
required, its first quarter Call Report with the Federal Reserve Bank
of San Francisco. The Bank has filed this report based on the best
available information at this time.

The Bank is continuing to receive appraisals for the properties
collateralizing substantial loan relationships. The Bank is in the
process of evaluating the completed appraisals and more appraisals
that are expected to be received over the next several days.

The Bank is also engaged in various negotiations with borrowers,
which if successful, will result in adjustments to reserves the Bank
has already established. A number of borrowers have expressed a
willingness to re-collateralize, make additional principal payments or
pay off these loans in their entirety.

In light of existing market conditions and these review processes,
the Bank's allowance for loan losses as of March 31, 2008, is likely
to change.

Until these processes are complete the Bank's parent, Capital Corp
of the West ("the Company"), is unable to release the results of its
operations for the first quarter of 2008. The Company anticipates that
actual consolidated results of operations, when determined, may vary
from those included in the Call Report and that the Bank will file an
amended Call Report at that time.

Forward Looking Statements

This news release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Exchange Act of 1934, as amended and Capital Corp
of the West intends for such forward-looking statements to be covered
by the safe harbor provisions for forward-looking statements contained
in the Private Securities Litigation Reform Act of 1995. Future events
are difficult to predict, and the expectations described above are
necessarily subject to risk and uncertainty that may cause actual
results to differ materially and adversely.

Forward-looking statements can be identified by the fact that they
do not relate strictly to historical or current facts. They often
include the words "believe," "expect," "anticipate," "intend," "plan,"
"estimate," or words of similar meaning, or future or conditional
verbs such as "will," "would," "should," "could," or "may." These
forward-looking statements are not guarantees of future performance,
nor should they be relied upon as representing management's views as
of any subsequent date. Forward-looking statements involve significant
risks and uncertainties and actual results may differ materially from
those presented, either expressed or implied, in this news release.
Factors that might cause such differences include, but are not limited
to: independent valuations or appraisals of certain assets and the
timeliness of those valuations or appraisals, the Company's ability to
successfully execute its business plans and achieve its objectives;
changes in general economic, real estate and financial market
conditions, either nationally or locally in areas in which the Company
conducts its operations; changes in interest rates; continuing
consolidation in the financial services industry; new litigation or
changes in existing litigation; increased competitive challenges and
expanding product and pricing pressures among financial institutions;
legislation or regulatory changes which adversely affect the Company's
operations or business; loss of key personnel; and changes in
accounting policies or procedures as may be required by the Financial
Accounting Standards Board or other regulatory agencies.

In addition, discussions about risks and uncertainties are set
forth from time to time in the Company's publicly available Securities
and Exchange Commission filings. The Company undertakes no obligation
to publicly revise these forward-looking statements to reflect
subsequent events or circumstances.

Reference Information

Capital Corp of the West, a bank holding company established
November 1, 1995, is the parent company of County Bank, which has over
30 years of service as "Central California's Community Bank."
Currently, County Bank has forty branch offices serving thirteen
counties in California. Its primary concentration is in the Central
Valley of California. As of the latest FDIC data, County Bank has a
7.29% market share in the six Central California counties in which it
has a significant retail branch presence, ranking County Bank fifth
out of forty-one financial institutions in that market area.

Capital Corp of the West
Thomas Smith, 209-725-4552
Director of Marketing

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