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Record-setting 2017 prompts $1,000 employee bonuses from River City Bank

February 1, 2018

SACRAMENTO, CA – January 30, 2018 –  River City Bank, Sacramento’s premier business bank, is awarding each employee at the Vice President level and below a $1,000 bonus following a successful 2017 fiscal year. The bank recently reported a record-setting $2 billion in total assets and a net income of $16.7 million for 2017. In recognition of their employees’ hard work in….

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River City Bank reports an increase to the quarterly cash dividend on common shares

January 30, 2018

SACRAMENTO, CA – January 29, 2018 – 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 $1.4 million and $16.7 million, or $0.98 and $11.52 diluted earnings per share, for the quarter and year ending December 31, 2017,….

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River City Bank reports record net income of $16.7 million for 2017

January 25, 2018

SACRAMENTO, CA – January 25, 2018 – River City Bank (the Bank) reported record net income of $16.7 million, or $11.52 per diluted share, for the year ending December 31, 2017, which was $1.8 million more than the $14.9 million, or $10.34 per diluted share, for the year ending December 31, 2016. The Bank’s earnings for the year would have been….

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