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River City Bank announces new Clean Energy Division
Support of Clean Energy clients rooted in community-first values SACRAMENTO, CA – May 22, 2018 – Taking the lead in providing banking services for clean energy companies throughout California, River City Bank has officially launched its new Clean Energy Division. The prominent business bank has taken a bold lead in this fast-growing space, and it has already…
River City Bank reports 2018 first quarter net income of $5.5 million
SACRAMENTO, CA – April 19, 2018 – River City Bank (the Bank) reported net income of $5.5 million, or $3.82 per diluted share, for the quarter ending March 31, 2018, which compares favorably to the $4.2 million, or $2.93 per diluted share, for the same period in 2017. The improved net income versus the prior year quarter…
Kelly Foundation awards $100,000 grant to Sacramento Cottage Housing, Inc.
2017 Major Gift already aiding nonprofit agency’s evolution to become self-sustainable SACRAMENTO, CA -March 13, 2016 –The Kelly Foundation awarded its 2017 Major Gift of $100,000 to Sacramento Cottage Housing, Inc., a not-for-profit agency that provides long-term housing and a supportive living environment for formerly homeless individuals and families. The award constituted the Kelly Foundation’s largest single donation of…
Record-setting 2017 prompts $1,000 employee bonuses from River City Bank
SACRAMENTO, CA – January 30, 2018 – River City Bank, Sacramento’s premier business bank, is awarding each employee at the Vice President level and below a $1,000 bonus following a successful 2017 fiscal year. The bank recently reported a record-setting $2 billion in total assets and a net income of $16.7 million for 2017. In recognition of…
River City Bank reports record net income of $16.7 million for 2017
SACRAMENTO, CA – January 25, 2018 – River City Bank (the Bank) reported record net income of $16.7 million, or $11.52 per diluted share, for the year ending December 31, 2017, which was $1.8 million more than the $14.9 million, or $10.34 per diluted share, for the year ending December 31, 2016. The Bank’s earnings for…
Kelly Foundation awards $100,000 to American Red Cross for Wildfire Relief
Major Gift earmarked exclusively for communities devastated and recovering SACRAMENTO, CA – December 5, 2017 – The Kelly Foundation, of which River City Bank is a major contributor, has awarded its 2018 Major Gift of $100,000 to the American Red Cross Gold Country Region. The money is to be used exclusively to help those devastated…