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River City Bank reports 2019 first quarter net income of $5.9 million
SACRAMENTO, CA – River City Bank (the Bank) reported record net income of $5.9 million, or $4.07 per diluted share, for the quarter ending March 31, 2019. This compares favorably to the $5.5 million, or $3.82 per diluted share, for the same period in 2018. The improved net income versus the prior year quarter was…
River City Bank opens second office in San Francisco Bay Area
Premier California business bank expands footprint, deepens ties in Bay Area SACRAMENTO, CA – River City Bank is expanding its presence in the Bay Area with the establishment of a new office in the Financial District of San Francisco. This new location provides commercial banking and project finance services, and houses the Bank’s Clean Energy…
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 $0.26 per common share to $0.28 per common share. The increase was made in connection with the Bank’s recently reported net income of $6.8 million…
River City Bank reports record net income of $24 million for 2018
SACRAMENTO, CA – River City Bank (the Bank) reported record net income of $24.0 million, or $16.50 per diluted share, for the year ending December 31, 2018. This was $7.3 million more than the $16.7 million, or $11.52 per diluted share, for the year ending December 31, 2017. The Bank’s earnings for 2018 were higher…
River City Bank partners with SMUD to help grow the local economy
Local funding to drive economic development, job growth in Sacramento SACRAMENTO, CA – December 18, 2018 – As one of three local banks involved in the Responsible Investments for a Stronger Economy program, also known as RISE, River City Bank received a $5 million deposit from SMUD which will be used to provide loans to…
River City Bank reports a quarterly cash dividend on common shares
SACRAMENTO, CA – October 19, 2018 – 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 $5.9 million, or $4.06 diluted earnings per share, for the quarter ending September 30, 2018, a cash dividend of…