Citizens Business Bank of Ontario, Calif., has been ordered to pay $3.7 million in damages to a San Diego development firm that defaulted on a 1992 mortgage on an 88-bed retirement home.

Citizens, a $1.3 billion-asset subsidiary of CVB Financial Corp., was found guilty of fraud, deceit, and negligence in connection with a $2.7 million loan made to Tri-National Development Corp. The judgment would reduce the bank's 1997 earnings by $2.2 million, or 14 cents a share. CVB had reported earning $17.4 million, or $1.16 a share, last year.

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