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SACRAMENTO, CA – Steve Fleming, President and CEO of River City Bank (the Bank), announced that the Bank’s board of directors has approved an increase to the quarterly cash dividends, from $0.26 per common share to $0.28 per common share. The increase was made in connection with the Bank’s recently reported net income of $6.8 million and $24.0 million, or $4.67….
Read MoreSACRAMENTO, CA – River City Bank (the Bank) reported record net income of $24.0 million, or $16.50 per diluted share, for the year ending December 31, 2018. This was $7.3 million more than the $16.7 million, or $11.52 per diluted share, for the year ending December 31, 2017. The Bank’s earnings for 2018 were higher due to organic growth, as….
Read MoreLocal funding to drive economic development, job growth in Sacramento SACRAMENTO, CA – December 18, 2018 – As one of three local banks involved in the Responsible Investments for a Stronger Economy program, also known as RISE, River City Bank received a $5 million deposit from SMUD which will be used to provide loans to local businesses. RISE was developed….
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