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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">UNITED
        STATES</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">SECURITIES
        AND EXCHANGE COMMISSION</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">Washington,
        D.C. 20549</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold">FORM
        8-K</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">CURRENT
        REPORT</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">PURSUANT
        TO SECTION 13 OR 15(d)</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">OF
        THE SECURITIES EXCHANGE ACT OF 1934</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">
        <div>
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                <td colspan="3" width="100%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;&#160;July
                    22, 2008&#160;</div>
                </td>
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                <td colspan="3" width="100%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;&#160;Date
                    of Report (Date of earliest event
                    reported)</div>
                </td>
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          </table>
        </div>
        <div>&#160;</div>
        <div><img src="logo.jpg" alt="logo"></div>
        <div>&#160;</div>
        <div>
          <table bgcolor="white" cellpadding="0" cellspacing="0" width="70%">

              <tr bgcolor="white">
                <td colspan="3" width="100%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold">&#160;VINEYARD
                    NATIONAL
                    BANCORP</font></div>
                </td>
              </tr>
              <tr bgcolor="white">
                <td colspan="3" width="100%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;&#160;(Exact
                    name of registrant as specified in
                    its charter)</div>
                </td>
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        </div>
        <div>&#160;</div>
        <div>&#160;</div>
        <div>
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                <td width="30%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;California</div>
                </td>
                <td width="40%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">000-20862</div>
                </td>
                <td width="30%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;33-0309110</div>
                </td>
              </tr>

          </table>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;(State
                  or other jurisdiction of incorporation)</div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;(Commission
                  File Number)</div>
              </td>
              <td width="30%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;(IRS
                  Employer Identification
                  No.)</div>
              </td>
            </tr>

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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center"><font id="TAB1" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB1" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB1" style="LETTER-SPACING: 9pt">&#160;&#160;</font></div>
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              <td width="70%" style="BORDER-BOTTOM: black 2px solid">1260 Corona
                Pointe
                Court, Corona, California<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</td>
              <td width="30%" style="BORDER-BOTTOM: black 2px solid">92879</td>
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                <td width="70%">&#160;(Address of principal executive offices)<font id="TAB1" style="LETTER-SPACING: 9pt">&#160;</font></td>
                <td width="30%">&#160;(Zip Code)</td>
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        <div>&#160;</div>
        <div>&#160;</div>
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                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;(951)271-4232</div>
                  </td>
                </tr>
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                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;(Registrant&#8217;s
                      telephone number, including area
                      code)</div>
                  </td>
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          <div>&#160;</div>
          <div>&#160;</div>
          <div>
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                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;Not
                      Applicable</div>
                  </td>
                </tr>
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                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;(Former
                      name, former address and former fiscal
                      year, if changed since last
                      report)</div>
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                </tr>

            </table>
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        </div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="center">
        <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">Check
          the appropriate box below if the Form 8-K filing is intended
          to simultaneously satisfy the filing obligation of the registrant under
          any of
          the following provisions (see General Instruction A.2. below):</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>
          Written communications
          pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>
          Soliciting material
          pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>
          Pre-commencement
          communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
          240.14d-2(b))</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font style="DISPLAY: inline;" face="Wingdings">o</font>
          Pre-commencement
          communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
          240.13e-4(c))</div>
      </div>
    </div>
    <div>&#160;</div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.3; MARGIN-RIGHT: 0pt" align="justify"><br><font style="FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;<br></font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman">Item
          1.01.&#160;&#160;Entry into a Material Definitive Agreement.</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">On
              July 22, 2008, in cooperation with and at the request of the Office
              of the
              Comptroller of the Currency (the &#8220;OCC&#8221;), Vineyard Bank, N.A. (the &#8220;Bank&#8221;), a
              wholly-owned subsidiary of Vineyard National Bancorp (the &#8220;Company&#8221;),
              voluntarily consented to the issuance of a Consent Order (&#8220;Consent
              Order&#8221;).&#160;&#160;The Consent Order establishes timeframes for the completion
              of remedial measures which have been previously identified and are
              in process
              towards completion as part of the Company&#8217;s internally developed and
              independently implemented Risk Mitigation Action Plan. Under the Consent
              Order,
              the Bank agreed, among other things, to establish a compliance committee
              to
              monitor and coordinate compliance with the Consent Order; identify
              experienced
              and competent individuals to serve on a permanent, full-time basis
              as Chief
              Executive Officer and Chief Credit Officer; maintain capital ratios
              above the
              statutory minimums and develop a three-year capital plan; suspend the
              payment of
              dividends without regulatory approval; limit annual loan growth; establish
              a
              program for the maintenance of adequate allowances for loan losses;
              adopt a
              written asset diversification program; review, revise and adhere to
              the Bank&#8217;s
              loan policy; ensure the use and reporting of appropriate risk rating
              of assets;
              establish an effective, independent and ongoing loan review system;
              take
              appropriate action to protect the Bank&#8217;s interest in its problem assets; ensure
              the maintenance of sufficient liquidity to sustain current operations
              and
              withstand anticipated or extraordinary demand; and improve the management
              of the
              Bank&#8217;s information technology activities and to address various deficiencies
              cited by the OCC.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">Any
              material failure to comply with the provisions of the Consent Order
              could result
              in enforcement actions by the OCC. While the Company intends to take
              such
              actions as may be necessary to enable the Bank to comply with the requirements
              of the Consent Order, there can be no assurance that the Bank will
              be able to
              comply fully with the provisions of the Consent Order, or to do so
              within the
              timeframes required, that compliance with the Consent Order will not
              be more
              time consuming or more expensive than anticipated, or that compliance
              with the
              Consent Order will enable the Company and the Bank to resume profitable
              operations, or that efforts to comply with the Consent Order will not
              have
              adverse effects on the operations and financial condition of the Company
              and the
              Bank.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">The
              foregoing description of the Consent Order is qualified in its entirety
              by
              reference thereto, a copy of which is attached to this Current Report
              on Form
              8-K as Exhibit 10.1 and incorporated herein by reference.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">On
              July 28, 2008, the Company issued a press release announcing the issuance
              of the
              Consent Order.&#160;&#160;A copy of the press release is attached hereto as
              Exhibit 99.1 and incorporated herein by reference.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Times New Roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Item
              2.04.&#160;&#160;Triggering Events
              That Accelerate or Increase a Direct Financial Obligation or an Obligation
              under
              an Off-Balance Sheet Arrangement.</font></font></div>
          </div>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
          <div align="center">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">The
              Company has a secured line of credit with First Tennessee Bank National
              Association (&#8220;First Tennessee&#8221;) that is collateralized by 100% of the Bank&#8217;s
              common stock.&#160;&#160;The outstanding principal balance on this line of
              credit was $48,300,000 at July 22, 2008, and the maturity date of this
              line of
              credit is August 29, 2008.&#160;&#160;On July 24, 2008, the Company notified
              First Tennessee of, and requested a waiver with respect to, an event
              of default
              under this line of credit occurring as a result of the issuance of
              the Consent
              Order described in Item 1.01 in this Current Report on Form
              8-K.&#160;&#160;Unless First Tennessee elects to waive this event of default, it
              will be entitled to declare the outstanding principal balance on this
              line of
              credit immediately due and payable and otherwise <font style="DISPLAY: inline; FONT-SIZE: 12pt">exercise its rights
              as a secured party
              against the collateral to collect, enforce or satisfy the obligations
              under this
              line of credit.</font></font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Times New Roman, serif"><font style="DISPLAY: inline; FONT-WEIGHT: bold; COLOR: #000000">Item
            8.01.&#160;&#160;Other Events.</font></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">On
              July 22, 2008, the Company notified the Federal Reserve Bank of San
              Francisco of
              its election to terminate its financial holding company status.&#160;&#160;As
              the sole shareholder of the Bank, the Company will remain a bank holding
              company
              within the meaning of the Bank Holding Company Act of 1956, as
              amended.&#160;&#160;The Company&#8217;s management does not believe this election will
              have an adverse effect on the Company&#8217;s current operations as the Company does
              not engage in any activities that require the Company to be registered
              as a
              financial holding company.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Times New Roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Item&#160;9.01.&#160;&#160;Financial
            Statements and Exhibits.</font></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Times New Roman, serif"><font style="FONT-WEIGHT: bold"><font style="DISPLAY: inline; FONT-WEIGHT: normal; COLOR: #000000">(d)&#160;Exhibits.</font></font></font></div>
        </div>
      </div>
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                <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                <td valign="top" width="66%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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                </td>
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                <td align="left" valign="top" width="66%" style="BORDER-BOTTOM: black 2px solid">
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                    matter of Vineyard Bank, N.A., Corona, California.</font></div>
                </td>
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              <tr>
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                    and Consent to the Issuance of a Consent Order dated July 22,
                    2008 between
                    the Comptroller of the Currency and Vineyard Bank, N.A., Corona,
                    California.</font></div>
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              <tr>
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                    release of Vineyard National Bancorp dated July 28,
                    2008.</font></div>
                </td>
              </tr>

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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Pursuant
          to the requirements of the Securities Exchange Act of 1934, as amended,
          the
          Registrant has duly caused this report to be signed on its behalf by the
          undersigned hereunto duly authorized.</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td valign="middle" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="middle" width="31%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="middle" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td valign="middle" width="31%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
              </tr>
              <tr>
                <td align="left" colspan="3" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" colspan="3" valign="top" width="36%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Vineyard
                    National Bancorp</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="3" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" colspan="3" valign="top" width="36%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">(Registrant)</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="3" valign="middle" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td colspan="2" valign="middle" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td colspan="2" valign="middle" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td colspan="2" valign="middle" width="31%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
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                    July 28, 2008</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="5%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">By:</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="31%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="FONT-SIZE: 11pt">&#160;<font style="FONT-SIZE: 11pt; FONT-STYLE: italic">/s/
</font><font style="FONT-SIZE: 11pt; FONT-STYLE: italic">Gordon
                    Fong</font></font></font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="31%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="5%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Name:</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="31%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Gordon
                    Fong</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="31%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="top" width="5%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Title:</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">&#160;
                  </font></td>
                <td align="left" valign="bottom" width="31%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman">Executive
                    Vice President and Chief Financial
                    Officer</font></div>
                </td>
              </tr>

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        <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            </div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
          INDEX</font></div>
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        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="left" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Exhibit</font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Number</font></font></div>
                </td>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top" width="66%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Description</font></font></div>
                </td>
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              <tr>
                <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                <td colspan="2" valign="top" width="68%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">10.1</font></font></div>
                </td>
                <td align="left" valign="top" width="2%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top" width="66%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Consent
                    Order dated July 22, 2008 issued by the Comptroller of the Currency
                    in the
                    matter of Vineyard Bank, N.A., Corona, California.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">10.2</font></font></div>
                </td>
                <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                <td align="left" valign="top" width="66%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Stipulation
                    and Consent to the Issuance of a Consent Order dated July 22,
                    2008 between
                    the Comptroller of the Currency and Vineyard Bank, N.A., Corona,
                    California.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">99.1</font></font></div>
                </td>
                <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                <td align="left" valign="top" width="66%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Press
                    release of Vineyard National Bancorp dated July 28,
                    2008.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
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    <div>&#160;</div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div>&#160;</div>
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{"company-data": {"conformed-name": "VINEYARD NATIONAL BANCORP", "cik": "0000840256", "assigned-sic": "6021", "irs-number": "330309110", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31796", "film-number": "08972335"}, "business-address": {"street1": "1260 CORONA POINTE COURT", "city": "CORONA", "state": "CA", "zip": "92879", "phone": "951-271-4232"}, "mail-address": {"street1": "1260 CORONA POINTE COURT", "city": "CORONA", "state": "CA", "zip": "92879"}}
form8-k.htm
UNITED
        STATES
SECURITIES
        AND EXCHANGE COMMISSION
Washington,
        D.C. 20549
FORM
        8-K
CURRENT
        REPORT
PURSUANT
        TO SECTION 13 OR 15(d)
OF
        THE SECURITIES EXCHANGE ACT OF 1934
July
                    22, 2008
Date
                    of Report (Date of earliest event
                    reported)
VINEYARD
                    NATIONAL
                    BANCORP
(Exact
                    name of registrant as specified in
                    its charter)
California
000-20862
33-0309110
(State
                  or other jurisdiction of incorporation)
(Commission
                  File Number)
(IRS
                  Employer Identification
                  No.)
1260 Corona
                Pointe
                Court, Corona, California
92879
(Address of principal executive offices)
(Zip Code)
(951)271-4232
(Registrant's
                      telephone number, including area
                      code)
Not
                      Applicable
(Former
                      name, former address and former fiscal
                      year, if changed since last
                      report)
Check
          the appropriate box below if the Form 8-K filing is intended
          to simultaneously satisfy the filing obligation of the registrant under
          any of
          the following provisions (see General Instruction A.2. below):
o
Written communications
          pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material
          pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
          communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
          240.14d-2(b))
o
Pre-commencement
          communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
          240.13e-4(c))
Item
          1.01.  Entry into a Material Definitive Agreement.
On
              July 22, 2008, in cooperation with and at the request of the Office
              of the
              Comptroller of the Currency (the "OCC"), Vineyard Bank, N.A. (the "Bank"), a
              wholly-owned subsidiary of Vineyard National Bancorp (the "Company"),
              voluntarily consented to the issuance of a Consent Order ("Consent
              Order").  The Consent Order establishes timeframes for the completion
              of remedial measures which have been previously identified and are
              in process
              towards completion as part of the Company's internally developed and
              independently implemented Risk Mitigation Action Plan. Under the Consent
              Order,
              the Bank agreed, among other things, to establish a compliance committee
              to
              monitor and coordinate compliance with the Consent Order; identify
              experienced
              and competent individuals to serve on a permanent, full-time basis
              as Chief
              Executive Officer and Chief Credit Officer; maintain capital ratios
              above the
              statutory minimums and develop a three-year capital plan; suspend the
              payment of
              dividends without regulatory approval; limit annual loan growth; establish
              a
              program for the maintenance of adequate allowances for loan losses;
              adopt a
              written asset diversification program; review, revise and adhere to
              the Bank's
              loan policy; ensure the use and reporting of appropriate risk rating
              of assets;
              establish an effective, independent and ongoing loan review system;
              take
              appropriate action to protect the Bank's interest in its problem assets; ensure
              the maintenance of sufficient liquidity to sustain current operations
              and
              withstand anticipated or extraordinary demand; and improve the management
              of the
              Bank's information technology activities and to address various deficiencies
              cited by the OCC.
Any
              material failure to comply with the provisions of the Consent Order
              could result
              in enforcement actions by the OCC. While the Company intends to take
              such
              actions as may be necessary to enable the Bank to comply with the requirements
              of the Consent Order, there can be no assurance that the Bank will
              be able to
              comply fully with the provisions of the Consent Order, or to do so
              within the
              timeframes required, that compliance with the Consent Order will not
              be more
              time consuming or more expensive than anticipated, or that compliance
              with the
              Consent Order will enable the Company and the Bank to resume profitable
              operations, or that efforts to comply with the Consent Order will not
              have
              adverse effects on the operations and financial condition of the Company
              and the
              Bank.
The
              foregoing description of the Consent Order is qualified in its entirety
              by
              reference thereto, a copy of which is attached to this Current Report
              on Form
              8-K as Exhibit 10.1 and incorporated herein by reference.
On
              July 28, 2008, the Company issued a press release announcing the issuance
              of the
              Consent Order.  A copy of the press release is attached hereto as
              Exhibit 99.1 and incorporated herein by reference.
Item
              2.04.  Triggering Events
              That Accelerate or Increase a Direct Financial Obligation or an Obligation
              under
              an Off-Balance Sheet Arrangement.
The
              Company has a secured line of credit with First Tennessee Bank National
              Association ("First Tennessee") that is collateralized by 100% of the Bank's
              common stock.  The outstanding principal balance on this line of
              credit was $48,300,000 at July 22, 2008, and the maturity date of this
              line of
              credit is August 29, 2008.  On July 24, 2008, the Company notified
              First Tennessee of, and requested a waiver with respect to, an event
              of default
              under this line of credit occurring as a result of the issuance of
              the Consent
              Order described in Item 1.01 in this Current Report on Form
              8-K.  Unless First Tennessee elects to waive this event of default, it
              will be entitled to declare the outstanding principal balance on this
              line of
              credit immediately due and payable and otherwise
exercise its rights
              as a secured party
              against the collateral to collect, enforce or satisfy the obligations
              under this
              line of credit.
Item
            8.01.  Other Events.
On
              July 22, 2008, the Company notified the Federal Reserve Bank of San
              Francisco of
              its election to terminate its financial holding company status.  As
              the sole shareholder of the Bank, the Company will remain a bank holding
              company
              within the meaning of the Bank Holding Company Act of 1956, as
              amended.  The Company's management does not believe this election will
              have an adverse effect on the Company's current operations as the Company does
              not engage in any activities that require the Company to be registered
              as a
              financial holding company.
Item 9.01.  Financial
            Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
10.1
Consent
                    Order dated July 22, 2008 issued by the Comptroller of the Currency
                    in the
                    matter of Vineyard Bank, N.A., Corona, California.
10.2
Stipulation
                    and Consent to the Issuance of a Consent Order dated July 22,
                    2008 between
                    the Comptroller of the Currency and Vineyard Bank, N.A., Corona,
                    California.
99.1
Press
                    release of Vineyard National Bancorp dated July 28,
                    2008.
SIGNATURES
Pursuant
          to the requirements of the Securities Exchange Act of 1934, as amended,
          the
          Registrant has duly caused this report to be signed on its behalf by the
          undersigned hereunto duly authorized.
Vineyard
                    National Bancorp
(Registrant)
Dated:
                    July 28, 2008
By:
/s/
Gordon
                    Fong
Name:
Gordon
                    Fong
Title:
Executive
                    Vice President and Chief Financial
                    Officer
EXHIBIT
          INDEX
Exhibit
Number
Description
10.1
Consent
                    Order dated July 22, 2008 issued by the Comptroller of the Currency
                    in the
                    matter of Vineyard Bank, N.A., Corona, California.
10.2
Stipulation
                    and Consent to the Issuance of a Consent Order dated July 22,
                    2008 between
                    the Comptroller of the Currency and Vineyard Bank, N.A., Corona,
                    California.
99.1
Press
                    release of Vineyard National Bancorp dated July 28,
                    2008.