Item 1.03 - Bankruptcy or Receivership.

Temecula Valley Bancorp Inc. previously reported that it intended to file a voluntary petition in the United States Bankruptcy Court of the Central District of California, Riverside Division by August 18, 2009; however, it is now anticipated that such petition will be filed in late August or September 2009. As previously reported, the petition will seek relief under Chapter 7 of Title 11 of the United States Code. The original Current Form 8-K filed on July 28, 2009 is incorporated herein by this reference.