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SACRAMENTO, CA – River City Bank (the Bank) reported record net income of $25.3 million, or $17.33 per diluted share, for the year ending December 31, 2019. This was $1.3 million more than the $24.0 million, or $16.50 per diluted share, for the year ending December 31, 2018. The improved net income versus the prior year was driven by: Higher loan balances –….
Read MoreSACRAMENTO, CA – River City Bank, Sacramento’s premier business bank, celebrated a successful 2019 fiscal year by launching a special “Days of Giving” event for employees. During the 16-day event, which ran from November 25, 2019, to December 10, 2019, River City Bank employees participated in daily raffles with prize options that were selected to appeal to a diverse range….
Read MoreSACRAMENTO, CA – Steve Fleming, President and CEO 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 $7.0 million, or $4.82 diluted earnings per share, for the quarter ending September 30, 2019, a cash dividend of $0.28 per common share to shareholders of record as of….
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