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SACRAMENTO, CA –River City Bank announces changes to the Board of Directors that were effective April 24, 2024. Paul Duncan, a board member since 2021, retired from the Board as he is relocating out of California. Duncan, a retired bank executive, joined the Board in 2021 and brought extensive government, commercial, and investment banking strategy and experience to the River City Bank….
Read MoreRiver City Bank Reports 2024 First Quarter Net Income of $18.7 Million and a Quarterly Cash Dividend
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $18.7 million, or $12.63 per diluted share, for the quarter ended March 31, 2024, which compares to $12.9 million, or $8.64 per diluted share, for the same period in 2023. The Bank’s earnings for the quarter ended March 31, 2024 represented a healthy 17.5% return on equity capital….
Read MoreSACRAMENTO, CA – River City Bank (the Bank) reported its 8th consecutive year of record net income with $60.3 million or $40.49 per diluted share for the year ended December 31, 2023; this was $12.5 million more than the $47.8 million or $32.22 per diluted share for the year ended December 31, 2022. The Bank also reported net income of….
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