News

SACRAMENTO, Calif., — 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 $11.7 million or $7.92 diluted earnings per share for the quarter ending September 30, 2021, a cash dividend of $0.315Read more about RCBs 3Q 2021 Dividends

River City Bank Also Received an Investment Grade Long Term Debt Rating from Standard & Poors SACRAMENTO, Calif.—River City Bank (the Bank) reported net income of $11.7 million, or $7.92 per diluted share, for the quarter ending September 30, 2021, which compares favorably to the $8.3 million, or $5.70 per diluted share, for the sameRead more about RCB’s 3Q 2021 Earnings

Like many other agricultural enterprises, the wine industry has always been one of high risks and high rewards. With roots in antiquity, it is also one of the world’s most innovative industries. Here in the heart of California wine country, a growing number of wineries have implemented new ways to harness the best that theRead more about sustainability strategies

As River City Bank’s Vice President, Credit Manager, Dominick Carlson manages a team of commercial credit analysts tasked with recommending prospective commercial loans for approval based on the loan’s credit assessment.  His team is responsible for identifying the associated risks and evaluating historical business operations, company background, industry outlook, and the current economic environment. WeRead more about Dominick Carlson

Unfortunately, phishing scams are not going away.  The use of business email compromise, smishing or text scams, and ransomware scams are still prevalent. However, the use of Phishing URLs has seen a sharp increase over the past year. Reported cases in April 2021 nearly tripled that of April 2020; 28,000 cases to over 63,000 cases.Read more about Phishing URLs

Randy Paragary, a pioneer in Sacramento’s restaurant and nightlife scenes for over 50 years, passed away on August 13th after a short bout with cancer. His entrepreneurial spirit led and shaped a renaissance of food, drink, and hospitality in the state capital. The Paragary legacy in Sacramento is incomparable. As a graduate of McClatchy HighRead more about Randy Paragary

$100,000 grant to support new Cornerstone community in South Sacramento SACRAMENTO, CA – The Kelly Foundation has announced Habitat for Humanity of Greater Sacramento as the recipient of its 2021 Major Gift Award. The $100,000 grant will be used to support the first phase of construction for Cornerstone Development in South Sacramento. Cornerstone Development isContinue reading

Former Bay Area banker to focus on commercial real estate as SVP, Business Development Officer based in Austin SACRAMENTO, CA – River City Bank announces the addition of Curtis Brunton as Senior Vice President, Business Development Officer. Brunton, who is based in Austin, TX, will be responsible for developing new business, with a focus onMeet Curtis Brunton

Long term debt rating attributed to strong capital, earnings and loan quality SACRAMENTO, CA – River City Bank, Sacramento’s premier business bank and consistently one of the region’s fastest growing companies, has announced that S&P Global Ratings (S&P) has assigned it an investment grade long-term rating of BBB-. This rating reflects the bank’s strong creditRead more about River City Bank’s S&P rating

SACRAMENTO, Calif., — 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 $7.3 million or $4.97 diluted earnings per share for the quarter ending June 30, 2021, a cash dividend of $0.315Read more about RCB’s 2Q 2021 Dividends