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Long term debt rating attributed to strong capital, earnings and loan quality SACRAMENTO, CA – River City Bank, Sacramento’s premier business bank and consistently one of the region’s fastest growing companies, has announced that S&P Global Ratings (S&P) has assigned it an investment grade long-term rating of BBB-. This rating reflects the bank’s strong credit performance in recent years, including through the COVID-19….
Read MoreSACRAMENTO, 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 $7.3 million or $4.97 diluted earnings per share for the quarter ending June 30, 2021, a cash dividend of $0.315 per common share to shareholders of record as of….
Read MoreSACRAMENTO, CA – River City Bank (the Bank) reported net income of $7.3 million, or $4.97 per diluted share, for the quarter ending June 30, 2021, which compares favorably to the $6.1 million, or $4.20 per diluted share, for the same period in 2020. Net income was $23.0 million or $15.59 per diluted share for the six months ending June….
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