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American Riviera Bancorp Reports Quarterly Earnings

News item July 22, 2022 by Michelle Martinich

The Bank has generated substantial loan growth, deploying liquidity into “core loans” which exclude SBA PPP loans. Core loans have grown 22% or $153.2 million over the last year since June 30, 2021, 13% or $101.1 million year to date since December 31, 2021, and 10% or $78.2 million in the last qua…

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Bring Your Dog to the Bank Day

News item June 23, 2022 by American Riviera Bank

Part of Friday’s festivities will include a Cutest Pooch social media contest, American Riviera Bank dog bowls and bandanas, dog treats, and more. Plan all of your bank business for this Friday and include your pooch companion. Bank hours at all branches are from 9:00am to 5:00pm. “We love getting…

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Cocktails and Conservation

News item May 26, 2022 by American Riviera Bank

We kicked off the two-part event series on April 28th. The first presentation featured the Species Survival Program. We hosted the Zoo’s Circle of Care Members and other major donors to inform them of the Zoo’s conservation efforts with an emphasis on their Masai giraffes, Amur leopards, and Asian…

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American Riviera Bancorp Reports Quarterly Earnings

News item April 22, 2022 by Michelle Martinich

Core loans, excluding SBA PPP loans, have grown 17% or $114.9 million over the last year since March 31, 2021. Core loans have grown 3% or $22.9 million in the last quarter since December 31, 2021. PPP loan forgiveness has been efficiently handled for our small business clients, and only $11.6 mill…

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Sunflowers on State

News item March 5, 2022 by American Riviera Bank

The event kicked off with a ribbon cutting ceremony on March 3rd in conjunction with First Thursday and the new Vincent Van Gogh exhibition, Through Vincent’s Eyes, at Santa Barbara Museum of Art. There may have even been a van Gogh sighting at the ARB/SBJH sunflower! American Riviera Bank staff,…

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American Riviera Bancorp Completes $18 Million Subordinated Note Offering

News item March 1, 2022 by Michelle Martinich

The Notes are structured to qualify as Tier 2 capital for the Company for regulatory purposes and will carry a fixed rate of 3.75% until March 1, 2027. Thereafter, the Notes will pay interest at a floating rate, reset quarterly, equal to the then current three-month SOFR plus 212 basis points. The…

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American Riviera Bank Announces Completion of Holding Company Reorganization

News item February 12, 2022 by Michelle Martinich

There has been no change in the Bank’s directors or executive officers following the reorganization, and the Bancorp’s directors and officers are the same as the Bank’s immediately prior to the reorganization. Shares of American Riviera Bancorp common stock trade under the ticker symbol “ARBV” on…

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American Riviera Bank Reports Annual Results

News item January 31, 2022 by Michelle Martinich

Core loans, excluding SBA PPP loans, have grown 17% or $112 million over the last year since December 31, 2020. The Bank maintained strong credit quality with no other real estate owned, no loans 90 days or more past due, and only $2.9 million or 0.38% of total loans excluding PPP on non-accrual st…

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American Riviera Bank Reports 20% Core Loan Growth

News item October 26, 2021 by Michelle Martinich

In 2021, the Bank has achieved an annualized return on average assets of 1.12% and return on average equity of 13.64%. Unaudited net income was $2,950,000 ($0.58 per share) for the third quarter ended September 30, 2021, compared to the $2,264,000 ($0.45 per share) earned in the same reporting peri…

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American Riviera Bank Teams up with Easter Team Realtors to support the Unity Shoppe

News item October 1, 2021 by American Riviera Bank

"Doing good and giving back is at the core of the Easter Team’s values. As a service to our community, we are committed to our efforts in helping the Unity Shoppe fill its empty shelves," stated Gloria Easter, team lead, "We are especially grateful for our sponsors such as American Riviera Bank,…

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