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River City Bank reports net income of $6.1 million for the second quarter and $13.4 million year to date
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $6.1 million, or $4.20 per diluted share, for the quarter ending June 30, 2020, which compares to the $6.5 million, or $4.44 per diluted share, for the same period in 2019. Net income was $13.4 million or $9.16 per diluted share for the…
River City Bank reports an increase to the quarterly cash dividend on common shares
SACRAMENTO, CA – Steve Fleming, President and CEO 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 $4.96 diluted earnings per share, for the quarter ending March 31, 2020, a cash dividend of $0.30 per common share to shareholders…
River City Bank reports 2020 first quarter net income of $7.3 million
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $7.3 million, or $4.96 per diluted share, for the quarter ending March 31, 2020, which compares favorably to the $5.9 million, or $4.07 per diluted share, for the same period in 2019. The improved net income versus the prior year quarter was driven…
Kelly Foundation assists local food banks with $220,000 in total grant awards
Individual grant awards presented to five food banks including Sacramento Food Bank and Meals on Wheels of Alameda County SACRAMENTO, CA – In response to the global coronavirus crisis, the Kelly Foundation awarded a total of five individual grants to Northern California food banks in Sacramento, Yolo, Alameda and Sonoma counties. The grant monies, representing…
River City Bank reports an increase to the quarterly cash dividend on common shares
SACRAMENTO, CA – Steve Fleming, President and CEO of River City Bank (the Bank), announced that the Bank’s board of directors has approved an increase to the quarterly cash dividends from $0.28 per common share to $0.30 per common share. The increase was made in connection with the Bank’s recently reported net income of $5.8 million and $25.3…
River City Bank reports record net income of $25.3 million for 2019
SACRAMENTO, CA – River City Bank (the Bank) reported record net income of $25.3 million, or $17.33 per diluted share, for the year ending December 31, 2019. This was $1.3 million more than the $24.0 million, or $16.50 per diluted share, for the year ending December 31, 2018. The improved net income versus the prior year was driven…