News & Press Releases

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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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Michelle Martinich presents at FinTech & Financial Services Virtual Investor Conference

News item September 21, 2021 by American Riviera Bank

You can find a recording of her presentation here. When you click the link, you will be brought to the event registration/login page. Once you enter your information, the presentation will begin playing immediately.

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American Riviera Bank to Webcast Live at September 21st

News item September 20, 2021 by Virtual Investor Conferences

SANTA BARBARA, Calif., Sept. 20, 2021 /PRNewswire/ -- American Riviera Bank (OTCQX: ARBV), a full service community bank focused on serving the lending and deposit needs of businesses and consumers on the Central Coast of California, today announced that Michelle Martinich, Executive Vice President…

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Buy a Teddy Bear and Bank on Tomorrow

News item September 10, 2021 by American Riviera Bank

On display and for sale throughout the month of September, soft teddy bears are available at Santa Barbara County ARB branches for $20 each – with all proceeds going to the nonprofit Teddy Bear Cancer Foundation, which helps families with children battling cancer. The teddy bear sale supports TBCF’…

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