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River City Bank Announces New Interim Chief Financial Officer
SACRAMENTO, CA – River City Bank (the Bank) announced today that Anker Christensen, Executive Vice President and Chief Financial Officer of the Bank, will step down effective July 3, 2023. Brian Killeen, currently the Bank’s Senior Vice President and Controller, has been appointed Interim Chief Financial Officer, effective July 3, 2023. Mr. Killeen has been the…
River City Bank Reports a Quarterly Cash Dividend on Common Shares – (Q1 2023)
SACRAMENTO, CA – 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 $12.9 million or $8.64 diluted earnings per share for the quarter ending March 31, 2023, a cash dividend of $0.35 per common…
River City Bank Reports 2023 First Quarter Net Income of $12.9 Million
SACRAMENTO, CA -River City Bank (the Bank) reported net income of $12.9 million, or $8.64 per diluted share, for the quarter ending March 31, 2023, which compares to the $16.5 million, or $11.10 per diluted share, for the same period in 2022. The prior year quarter net income benefitted by several non-recurring revenue sources, as…
River City Bank Reports 6 Percent Increase to the Quarterly Cash Dividend on Common Shares (Q4 – 2022)
SACRAMENTO, CA – Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved a 6 percent increase to the quarterly cash dividend from $0.33 per common share to $0.35 per common share. This increase was made in connection with the Bank’s recently reported net income of…
River City Bank Reports 7th Consecutive Year With Record Net Income in 2022
SACRAMENTO, CA – River City Bank (the Bank) reported earnings for the fourth quarter of 2022 of $11.5 million, or $7.72 per share, compared to $9.8 million, or $6.63 per share in the fourth quarter of 2021. The Bank also reported its 7th consecutive year of record net income with $47.8 million or $32.22 per…
River City Bank Reports a Quarterly Cash Dividend on Common Shares (Q3 2022)
SACRAMENTO, CA–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 $11.0 million or $7.43 diluted earnings per share for the quarter ending September 30, 2022, a cash dividend of $0.33 per common…