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American Riviera Bank’s Barbara Caballero-Muñoz Honored in Latino Business Awards

News item July 2, 2019 by American Riviera Bank

The Latino Business Awards, now in its eighth year, honors individuals from companies and organizations representing the leading segments in the tri-county economy. The awards recognize an honoree’s success record, dedication to community service, as well as their recognitions from other profession…

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American Riviera Bank Opens Full-Service Branch in Downtown San Luis Obispo

News item June 10, 2019 by American Riviera Bank

The new branch offers personal and business accounts, as well as business, commercial, real estate, agricultural, residential mortgage, construction and Small Business Administration (“SBA”) loans.President and CEO, Jeff DeVine said, “SLO is the perfect spot for us. It’s such a special town, with…

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American Riviera Bank Reports Record Quarterly Net Income

News item April 26, 2019 by Michelle Martinich

This represents a 31% increase in net income from the $1,352,000 ($0.31 per share) for the same reporting period in the prior year. The annualized return on average assets of 1.19% and return on average equity of 11.90% represent an increase from the 1.09% and 10.27%, respectively, achieved for the…

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Joanne Funari, honored amongst 50 Top Women for 11th year running

News item April 23, 2019 by American Riviera Bank

This is Joanne’s 11th consecutive year receiving the award which honors the 50 top women executives in financial services, technology, agribusiness, nonprofits and other fields.“It isn’t surprising that Joanne has been named one of the top 50 women in business again this year,” said American Rivier…

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Jeff DeVine, American Riviera Bank CEO named Executive of the Year

News item April 4, 2019 by American Riviera Bank

The awards are heralded as an opportunity to join over 700 business leaders at the largest networking event on the South Coast with proceeds benefiting the Scholarship Foundation of Santa Barbara. The event honors and recognizes companies and individuals for their commitment to the local community…

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American Riviera Bank Completes $8.5 Million Capital Raise

News item March 27, 2019 by American Riviera Bank

The shares of common stock were sold to institutional and select “accredited investors” as defined in Rule 501(a) of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to a stock permit issued by the California Department of Business Oversight and an exemption…

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American Riviera Bank Brings Community Banking Back to Downtown San Luis Obispo

News item February 12, 2019 by American Riviera Bank

“In the summer of 2017, we opened a loan production office in Paso Robles that has now become the fastest growing full-service bank branch in Paso, with a hand-picked, home-grown team, focused on the specific banking needs of the local community. Our plan for San Luis Obispo is exactly the same,”…

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American Riviera Bank VP Ann Hansen Named a Top 20 Under 40 Professional in 2019 SLO Tribune Competition

News item February 5, 2019 by American Riviera Bank

The Tribune received about 100 nominations for its fourteenth Top 20 Under 40 competition and Ann was selected by an independent panel of judges. She will be recognized at an award luncheon hosted by The Tribune on Thursday, February 7 at The White Barn in San Luis Obispo.Joining American Riviera…

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American Riviera Bank Reports over $600 Million in Assets

News item January 28, 2019 by Michelle Martinich

The annualized return on average assets of 1.03% and return on average equity of 10.19% represent an increase from the 0.73% and 6.61%, respectively, achieved for the same reporting period in the prior year. For the fourth quarter ended December 31, 2018, the Bank reported unaudited net income of…

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American Riviera Bank Bestows the Prestigious Lutah Maria Riggs Award to Carl Palmer

News item December 18, 2018 by American Riviera Bank

American Riviera Bank, in partnership with the Santa Barbara chapter of the American Institute of Architects, was honored to serve as the annual sponsor of the Lutah Maria Riggs Award. The award this year honored Montecito resident Carl Palmer for his service to the community after the Jan. 9 debri…

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