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River City Bank Reports a Quarterly Cash Dividend on Common Shares – (Q1 2021)
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 $15.6 million, or $10.62 diluted earnings per share, for the quarter ending March 31, 2021, a cash dividend of $0.315 per common…
River City Bank Reports 2021 First Quarter Net Income of $15.6 Million
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $15.6 million, or $10.62 per diluted share, for the quarter ending March 31, 2021, which compares favorably to the $7.3 million, or $4.96 per diluted share, for the same period in 2020. The improved net income versus the prior year quarter was driven by:…
River City Bank promotes Riley Gardner to Business Development Officer
Sacramento and Reno to serve as focus for relationship building and expansion efforts SACRAMENTO, CA – Following a challenging yet successful year that saw record net income in 2020, River City Bank announces the promotion of Riley Gardner to the role of Commercial Banking Business Development Officer. Gardner will be responsible for developing new business within…
River City Bank reports a 5 percent increase to the quarterly cash dividend on common shares
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 5 percent increase to the quarterly cash dividend from $0.30 per common share to $0.315 per common share. The increase was made in connection with the Bank’s recently reported…
River City Bank reports record net income and deposit growth for 2020
SACRAMENTO, CA – River City Bank (the Bank) reported record net income of $31.6 million, or $21.58 per diluted share, for the year ending December 31, 2020; this was $6.3 million more than the $25.3 million, or $17.33 per diluted share, for the year ending December 31, 2019. The improved net income versus the prior…
River City Bank Reports a Quarterly Cash Dividend on Common Shares
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 $8.3 million or $5.70 diluted earnings per share for the quarter ending September 30, 2020, a cash dividend of $0.30 per common share…