FOR IMMEDIATE RELEASE
SACRAMENTO, Calif., Oct. 21, 2016—Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved, in connection with the Bank’s recently reported net income of $4.1 million, or $2.86 diluted earnings per share, for the quarter ending September 30, 2016, a cash dividend of $0.21 per common share and $0.79 per preferred share to shareholders of record as of October 31, 2016, and payable on November 15, 2016.
ABOUT RIVER CITY BANK: River City Bank is the Sacramento region’s premier business bank with assets over $1.6 billion. River City Bank offers a comprehensive suite of banking services, including loans, deposits, and cash management tools to the business, consumer and commercial real estate sectors. With tailored, executive-level service and a five star “Superior” financial rating from the nation’s leading independent bank-rating firm, BauerFinancial, River City Bank redefines the banking experience and every touch point that surrounds it. River City Bank is the largest, independent, locally-owned bank in the Sacramento region with an office in the San Francisco Bay Area and a presence in Southern California. For additional information, please visit www.rivercitybank.com or call (916) 567- 2600. Member FDIC. Equal Housing Lender.
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