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Pandemic Response Plans and the Silver Lining¶
American Riviera Bank and The Bank of Santa Barbara to merge¶
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…
Continue ReadingAmerican Riviera Bank Reports Strong Financials¶
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…
Continue ReadingAmerican Riviera Bank Reports Strong Financials¶
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…
Continue ReadingAmerican Riviera Bank and The Bank of Santa Barbara will transition to one name in early 2016¶
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…
Continue ReadingShareholders Approve Merger¶
“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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