SONOMA VALLEY BANCORP ANNOUNCES RECORD EARNINGS FOR 2002 TOTAL ASSETS NOW $183 MILLION

Sonoma, CA., January 23, 2003--Sonoma Valley Bancorp President and CEO Mel Switzer, Jr. reported that the net earnings for the year were $2,744,000 or $1.97 per share compared to $2,600,000 or $1.85 per share in 2001, a 6% growth for the year. Based upon year end information, the annualized Return on Average Assets was 1.67% and the annualized Return on Average Equity was 15.27%. Book value for the outstanding shares of stock as of year end was $13.73, a 15% increase over 2001. (Unaudited) 
The Bancorp posted total assets of $183 Million at December 31, 2002, an increase of 16.5% over 2001. Deposits grew 16% to $160 Million from $138 Million in 2001. Total loans reached $128 Million, a growth of $21 Million over 2001, a 20% increase.

For the ninth year, Findley Reports, Inc., the California Bank Rating Company named Sonoma Valley Bancorp to its list of SUPER PREMIER PERFORMING BANKS in 2002. Bauer Financial also awarded the Bancorp its highest designation, FIVE STAR, noting the strength and earnings performance of the bank.

Sonoma Valley Bancorp is traded on the OTC BULLETIN BOARD and the stock symbol is SBNK.