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American Riviera Bank to mark 10-year anniversary

News item July 11, 2016 by American Riviera Bank

And it has good reasons to celebrate, financial success and a rosy forecast for continued development among them.There’s no secret to its success. Jeff DeVine, President and Chief Executive Officer of American Riviera Bank, explains, “ A big difference between banks is where customers’ deposits go.…

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American Riviera Bank Reports Benefits of Merger

News item April 27, 2016 by Michelle Martinich

American Riviera Bank’s merger with The Bank of Santa Barbara enabled the combined Bank to reach $361 million in total loans, with no other real estate owned and no loans more than 30 days past due at March 31, 2016. The Bank continues to grow lasting relationships throughout the community, with no…

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American Riviera Bank Reports Merger and Growth

News item January 28, 2016 by Michelle Martinich

The Bank saw strong loan demand in 2015 with total loans outstanding reaching $212 million on December 31, 2015, a 28% increase from December 31, 2014. The aforementioned loan growth enabled the Bank to grow net interest income by 15% in 2015 compared to 2014. American Riviera Bank’s focus on build…

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American Riviera Bank Announces Completion of the Merger of The Bank of Santa Barbara into American Riviera Bank

News item January 1, 2016 by American Riviera Bank

The merger, which was first announced on July 15, 2015, was concluded after having received the approvals of the merger from the shareholders of American Riviera Bank and The Bank of Santa Barbara as well as all required regulatory approvals. As of September 30, 2015, American Riviera Bank had $227…

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Shareholders Approve Merger

News item October 27, 2015 by American Riviera Bank

“The merger combines two of the leading community banks in the South Coast region. We are excited to provide all of our clients an expanded footprint with branches in Santa Barbara, Goleta, and Montecito, as well as full-service Mortgage and SBA lending departments,” said Jeff DeVine, President and…

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American Riviera Bank and The Bank of Santa Barbara will transition to one name in early 2016

News item August 27, 2015 by American Riviera Bank

The study included interviews with the banks’ directors, employees and customers as well as community members. Past press releases, press coverage, and advertising was reviewed as well as current website and social media presence to assess overall brand impact in the community to date and prospecti…

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American Riviera Bank Reports Strong Financials

News item July 21, 2015 by Michelle Martinich

For the six months ended June 30, 2015, the Bank reported unaudited net income of $804,000 ($0.30 per share), which includes $162,000 in merger related expenses. This represents a 20% increase from the $668,000 reported for the first six months ended June 30, 2014.American Riviera Bank recently ann…

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American Riviera Bank Reports Strong Financials

News item July 21, 2015 by Michelle Martinich

For the six months ended June 30, 2015, the Bank reported unaudited net income of $804,000 ($0.30 per share), which includes $162,000 in merger related expenses. This represents a 20% increase from the $668,000 reported for the first six months ended June 30, 2014.American Riviera Bank recently ann…

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American Riviera Bank and The Bank of Santa Barbara to merge

News item July 15, 2015 by American Riviera Bank

The merger combines two of the leading community banks in the South Coast region and will result in an expanded footprint with branches in Santa Barbara, Montecito, and Goleta, as well as full-service Mortgage and Small Business Administration lending departments. The merger will allow the resultin…

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