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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…
River City Bank Reports Net Income of $11.0 Million for the Third Quarter of 2022 and $36.3 Million Year to Date
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $11.0 million, or $7.43 per diluted share, for the quarter ending September 30, 2022, which was $663,000 less than the $11.7 million, or $7.92 per diluted share, for the same period in 2021. Net income was $36.3 million or $24.51 per diluted share…
River City Bank donates $10,000 to Sacramento Steps Forward
Donation supports regional systems to prevent homelessness SACRAMENTO, CA – River City Bank, Sacramento’s premier business bank, showed its support for ending homelessness and strengthening communities by presenting a $10,000 donation check to Sacramento Steps Forward. The donation supports implementing a new regional coordinated access system to ensure that homelessness is either preventable, brief, or one-time….