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Buy a Teddy Bear and Bank on Tomorrow

News item August 31, 2017 by American Riviera Bank

On display and for sale through September at the bank’s Santa Barbara branches, the soft teddy bears are available at teller stations for $15 each – with all proceeds going to the nonprofit Teddy Bear Cancer Foundation, which helps families with children battling cancer.The teddy bear sale supports…

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American Riviera Bank Approaches Half a Billion in Assets

News item July 25, 2017 by American Riviera Bank

The annualized return on average assets of 0.95% and return on average equity of 8.40% represent an increase from the 0.80% and 7.31%, respectively, achieved for the same reporting period in the prior year.  The Bank reported unaudited net income of $1,163,000 ($0.27 per share) for the second quart…

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American Riviera Bank Expands into Paso Robles with Loan Production Office

News item July 11, 2017 by American Riviera Bank

The new loan production office will open on August 7, 2017 at 205 Oak Hill Road, Suite 106, in The Highlands Shopping Center. The office will provide business, commercial real estate, agricultural, residential mortgage, construction, and Small Business Administration loans.This will be American Riv…

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American Riviera Bank Recognized as a “Super Premier” Performing Bank

News item May 26, 2017 by American Riviera Bank

“We’re honored that The Findley Reports has awarded its highest performance rating to American Riviera Bank based on our 2016 financial results. I want to thank our board of directors, our employees and our clients for making this possible,” said Jeff DeVine, President and Chief Executive Officer…

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American Riviera Bank Experiences Continued Growth

News item April 20, 2017 by Michelle Martinich

The Bank experienced strong loan demand in the first quarter, with loans increasing 8% from December 31, 2016, reaching $384 million in total loans at March 31, 2017 with no other real estate owned. Deposit growth was also substantial, with the Bank opening almost 500 new accounts at our three loca…

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Santillan Named Service Manager at American Riviera Bank Goleta

News item February 22, 2017 by American Riviera Bank

“Sasha’s position also entails community involvement and partnering with our in-house banking relationship managers to explore and develop the numerous opportunities for business partnership and growth in Goleta,” said Funari.Santillan began her banking career at Rabobank, N.A. in 2005. Before join…

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American Riviera Bank Merger Benefits Clients, Community and Shareholders

News item January 30, 2017 by Michelle Martinich

For the year ended December 31, 2016, the Bank reported record return on average assets of 0.95% and return on average equity of 8.65%, which represents an increase from the 0.56% and 4.67%, respectively, achieved for the previous fiscal year prior to the merger.Jeff DeVine, President and Chief Exe…

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American Riviera Bank Announces Staff Changes at the Downtown Santa Barbara Branch

News item December 7, 2016 by American Riviera Bank

“We believe these changes will strengthen the Downtown team with regards to servicing our existing clients and positioning American Riviera Bank in a great place to manage the expected increase in transaction volume, clientele growth and overall customer experience,” said Joanne Funari, Executive…

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American Riviera Bank names Darren Doi Team Leader

News item December 5, 2016 by American Riviera Bank

“In Darren’s team leader role, he supervises a team of lenders who service the credit needs of the Santa Barbara community,” Funari said. “His team specializes in business, commercial real estate and construction loans.”Doi began his banking career at Santa Barbara Bank & Trust in 2004. Before…

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American Riviera Bank Achieves Financial Synergies of Merger

News item October 26, 2016 by Michelle Martinich

As of September 30, 2016, the Bank reported $347 million in total loans with no other real estate owned. Non-interest bearing demand deposits have increased to 35% of the $392 million in total deposits at September 30, 2016, an increase from 32% one year ago.  Jeff DeVine, President and Chief Execu…

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