River City Bank Reports 2025 Second Quarter Net Income of $15.4 Million and a Quarterly Cash Dividend
River City Bank (RCBC) reported Q2 2025 net income of $15.4 million ($10.52 per diluted share), down from $17.2 million in Q2 2024. The bank achieved a significant milestone by surpassing $500 million in shareholders' equity for the first time in its history.
Key performance metrics include an 11.1% return on equity and 1.04% return on assets for H1 2025. The bank's loan portfolio saw substantial growth with average loans increasing by $478 million year-over-year, while average deposits grew by $259 million. Credit quality remains strong with nearly zero non-performing loans and an Allowance for Credit Losses of 2.33%.
The board approved a quarterly cash dividend of $0.40 per share, payable on August 12, 2025. The bank maintains strong liquidity with $964 million in cash and investments, plus $1.7 billion in available borrowing capacity.
River City Bank (RCBC) ha registrato un utile netto di 15,4 milioni di dollari nel secondo trimestre del 2025 (10,52 dollari per azione diluita), in calo rispetto ai 17,2 milioni di dollari del secondo trimestre 2024. La banca ha raggiunto un traguardo importante superando per la prima volta nella sua storia i 500 milioni di dollari di patrimonio netto.
I principali indicatori di performance mostrano un rendimento del capitale proprio dell'11,1% e un rendimento degli attivi dell'1,04% nel primo semestre 2025. Il portafoglio prestiti della banca ha registrato una crescita significativa, con un aumento medio dei prestiti di 478 milioni di dollari su base annua, mentre i depositi medi sono cresciuti di 259 milioni di dollari. La qualità del credito resta solida con quasi nessun prestito in sofferenza e un Accantonamento per Perdite su Crediti pari al 2,33%.
Il consiglio di amministrazione ha approvato un dividendo trimestrale in contanti di 0,40 dollari per azione, pagabile il 12 agosto 2025. La banca mantiene una forte liquidità con 964 milioni di dollari in contanti e investimenti, oltre a 1,7 miliardi di dollari di capacità di indebitamento disponibile.
River City Bank (RCBC) reportó un ingreso neto de 15,4 millones de dólares en el segundo trimestre de 2025 (10,52 dólares por acción diluida), una disminución respecto a los 17,2 millones de dólares del segundo trimestre de 2024. El banco alcanzó un hito importante al superar por primera vez en su historia los 500 millones de dólares en patrimonio de los accionistas.
Los indicadores clave de desempeño incluyen un retorno sobre el patrimonio del 11,1% y un retorno sobre activos del 1,04% en el primer semestre de 2025. La cartera de préstamos del banco creció significativamente, con un aumento promedio de préstamos de 478 millones de dólares año tras año, mientras que los depósitos promedio crecieron en 259 millones de dólares. La calidad crediticia se mantiene sólida con casi ningún préstamo en mora y una provisión para pérdidas crediticias del 2,33%.
La junta aprobó un dividendo trimestral en efectivo de 0,40 dólares por acción, pagadero el 12 de agosto de 2025. El banco mantiene una fuerte liquidez con 964 millones de dólares en efectivo e inversiones, además de 1,7 mil millones de dólares en capacidad de endeudamiento disponible.
리버 시티 은행(RCBC)은 2025년 2분기 순이익이 1,540만 달러(희석 주당 10.52달러)로 2024년 2분기의 1,720만 달러에서 감소했다고 보고했습니다. 은행은 역사상 처음으로 5억 달러 이상의 주주 자본을 돌파하는 중요한 이정표를 달성했습니다.
주요 성과 지표로는 2025년 상반기 자기자본이익률 11.1%과 총자산수익률 1.04%가 포함됩니다. 은행의 대출 포트폴리오는 전년 대비 평균 대출이 4억 7,800만 달러 증가하며 크게 성장했으며, 평균 예금도 2억 5,900만 달러 증가했습니다. 신용 품질은 거의 부실 대출이 없고 대손충당금 비율이 2.33%로 견고한 상태를 유지하고 있습니다.
이사회는 1주당 0.40달러 분기 현금 배당금을 승인했으며, 배당금은 2025년 8월 12일 지급될 예정입니다. 은행은 9억 6,400만 달러의 현금 및 투자 자산과 17억 달러의 가용 차입 한도를 통해 강한 유동성을 유지하고 있습니다.
River City Bank (RCBC) a déclaré un bénéfice net de 15,4 millions de dollars au deuxième trimestre 2025 (10,52 dollars par action diluée), en baisse par rapport à 17,2 millions de dollars au deuxième trimestre 2024. La banque a franchi une étape importante en dépassant pour la première fois de son histoire les 500 millions de dollars de capitaux propres.
Les indicateurs clés de performance comprennent un rendement des capitaux propres de 11,1% et un rendement des actifs de 1,04% pour le premier semestre 2025. Le portefeuille de prêts de la banque a connu une croissance substantielle avec une augmentation moyenne des prêts de 478 millions de dollars sur un an, tandis que les dépôts moyens ont augmenté de 259 millions de dollars. La qualité du crédit reste solide avec presque aucun prêt non performant et une provision pour pertes sur prêts de 2,33%.
Le conseil d'administration a approuvé un dividende trimestriel en espèces de 0,40 dollar par action, payable le 12 août 2025. La banque maintient une forte liquidité avec 964 millions de dollars en liquidités et investissements, ainsi que 1,7 milliard de dollars de capacité d'emprunt disponible.
River City Bank (RCBC) meldete für das zweite Quartal 2025 einen Nettogewinn von 15,4 Millionen US-Dollar (10,52 US-Dollar je verwässerter Aktie), was einen Rückgang gegenüber 17,2 Millionen US-Dollar im zweiten Quartal 2024 darstellt. Die Bank erreichte einen bedeutenden Meilenstein, indem sie erstmals in ihrer Geschichte das Eigenkapital von 500 Millionen US-Dollar überstieg.
Wichtige Leistungskennzahlen umfassen eine Eigenkapitalrendite von 11,1% und eine Gesamtkapitalrendite von 1,04% für das erste Halbjahr 2025. Das Kreditportfolio der Bank verzeichnete ein erhebliches Wachstum mit einem durchschnittlichen Kreditanstieg von 478 Millionen US-Dollar im Jahresvergleich, während die durchschnittlichen Einlagen um 259 Millionen US-Dollar zunahmen. Die Kreditqualität bleibt stark mit nahezu keinen notleidenden Krediten und einer Rückstellung für Kreditverluste von 2,33%.
Der Vorstand genehmigte eine vierteljährliche Bardividende von 0,40 US-Dollar je Aktie, zahlbar am 12. August 2025. Die Bank hält eine starke Liquidität mit 964 Millionen US-Dollar in bar und Investitionen sowie 1,7 Milliarden US-Dollar verfügbarer Kreditlinie.
- None.
- Net income decreased to $15.4 million from $17.2 million year-over-year
- Loan growth slower in H1 2025 due to reduced borrower demand
- $2.6 million reduction in income from interest rate swaps vs $2.1 million increase last year
- Six-month net income declined to $27.7 million from $35.9 million year-over-year
THE BANK CROSSED THE
SACRAMENTO, CA / ACCESS Newswire / July 16, 2025 / River City Bank (the Bank) reported net income of
Significant items impacting quarterly net income for June 30, 2025 and 2024 include the following:
Higher loan balances - Average loans outstanding for the quarter ended June 30, 2025 were
$478 million higher than the same period in the prior year, thereby increasing interest income from loans despite a0.21% decrease in loan yields to5.38% (including the impact of fair value hedges) compared to the same period in 2024.Deposit growth - Average deposits for the quarter ended June 30, 2025 grew by
$259 million compared to the same period in the prior year, partially supporting the Bank's loan growth, with the remainder financed by a reduction in excess cash balances. Cost of funds decreased for the quarter ended June 30, 2025 by0.20% to2.91% from the same period in 2024.The Bank recognized a
$2.6 million reduction to income related to free-standing interest rate swaps during the current quarter compared to$2.1 million increase to income in the prior year quarter, or a variance of$4.7 million when comparing the two periods. The current quarter impact is made up of a mark-to-market loss of$4.0 million , partially offset by$1.4 million in net payments received from swap counterparties. These swaps were entered into for the purpose of hedging the medium-term fixed rate loans in the Bank's loan portfolio, as part of the Bank's standard interest rate risk management program. Until these interest rate swaps are designated as a hedge to specific assets or liabilities, the mark-to-market fluctuations (positive and negative) will flow through the income statement.The Bank recognized zero provision for credit losses for the current quarter compared to a provision of
$3.0 million for the prior year quarter. The Bank had nearly zero non-performing loans as of June 30, 2025, and the Bank's Allowance for Credit Losses for Loans was2.33% of Gross Loans as of June 30, 2025.
"The decrease in earnings vs. the prior year period is primarily a function of the accounting for a small portion of our interest rate swap portfolio. All our swaps have been executed to hedge our interest rate risk - none are for speculative purposes. As such, short-term mark-to-market gains and losses in the portfolio are not reflective of the long-term benefit to our balance sheet position," said Steve Fleming, president and chief executive officer. "The Bank continues to perform at a high level, as reflected in the metrics of return on equity, return on assets, and operating efficiency. Credit quality remains pristine as we have not suffered any material losses on loans originated since the current management team took over in 2008. On the other hand, loan growth has been slower in the first six months of 2025 than in recent years due to reduced borrower demand which is driven by a perception by borrowers that (a) interest rates are high (and will decline) and (b) the outlook for the economy is more uncertain than normal. Rest assured that we will be well positioned to return to our more normal loan growth once borrower demand picks up."
"The Bank's high quality investment securities portfolio continues to perform well with small unrealized losses of
Shareholders' equity for River City Bank on June 30, 2025 increased
Additionally, Mr. Fleming announced that the Bank's board of directors has approved a cash dividend of
ABOUT RIVER CITY BANK:
As a leading boutique commercial bank with assets over
Contact Information
Pamela Hansen
VP/Director of Marketing and Events
pamela.hansen@rivercitybank.com
7075484292
SOURCE: River City Bank
View the original press release on ACCESS Newswire
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