River City Bank Reports 2023 First Quarter Net Income of $12.9 Million

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Apr 19, 2023

SACRAMENTO, CA / ACCESSWIRE / April 19, 2023 / River City Bank (the Bank) reported net income of $12.9 million, or $8.64 per diluted share, for the quarter ending March 31, 2023, which compares to the $16.5 million, or $11.10 per diluted share, for the same period in 2022. The prior year quarter net income benefitted by several non-recurring revenue sources, as follows: