2,000,000 Shares1 Vineyard National BancorpVineyard National Bancorp • June 26th, 2007 • National commercial banks • New York
Vineyard National Bancorp, a California corporation (the “Issuer”), proposes to sell to you, the underwriter (the “Underwriter”) an aggregate of 2,000,000 shares of the 7.50% Series D Noncumulative Preferred Stock, no par value per share (the “Preferred Stock”), of the Issuer (the “Firm Securities”) having the terms described in the Final Prospectus (as hereinafter defined). The Issuer also proposes to sell at the Underwriter’s option an aggregate of up to 300,000 additional shares of the Issuer’s Preferred Stock (the “Option Securities”) as set forth below.
