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Press Releases

River City Bank promotes Riley Gardner to Business Development Officer

February 2, 2021

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 the greater Sacramento region and expanding….

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River City Bank reports a 5 percent increase to the quarterly cash dividend on common shares

January 29, 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 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 net income of $9.9 million….

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River City Bank reports record net income and deposit growth for 2020

January 28, 2021

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 year was driven by: Higher….

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