River Valley Community Bancorp Announces Increased Authorization to Stock Repurchase Plan

Rhea-AI Summary

River Valley Community Bancorp (OTC: RVCB) increased its stock repurchase authorization on January 30, 2026, adding $2,000,000 to the prior $1,000,000 plan (originally approved Oct 15, 2024), creating a potential $3,000,000 total repurchase capacity.

The program runs through December 31, 2026; timing, price, and size depend on market conditions. The Board said the maximum aggregate repurchases will not impair the Company or its bank subsidiary. The program may be suspended and does not obligate purchases.

Positive

• $2,000,000 increase approved on January 30, 2026
• Potential $3,000,000 total repurchase authorization through Dec 31, 2026
• Board determination that repurchases will not impair capital of company or bank

Negative

• Repurchases may be suspended or discontinued at any time
• Actual purchases depend on prevailing prices and conditions and are not guaranteed

YUBA CITY, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) -- River Valley Community Bancorp (“RVCB” or “the Company”) (OTC markets: RVCB), today announced an increase to the amount of stock authorized to be purchased in connection with its stock repurchase plan.

On October 15, 2024, the Board of Directors authorized a stock repurchase plan for up to $1,000,000 of the Company’s outstanding common stock. On January 30, 2026, the Board of Directors approved an increase in the amount of common stock that may be repurchased by an additional $2,000,000. The repurchase program will remain in effect until December 31, 2026.

The specific timing, price, and size of purchases will depend on prevailing stock prices, general economic and market conditions, and other considerations. The Board of Directors has determined that the maximum aggregate repurchases will not impair the capital of the Company nor its subsidiary, River Valley Community Bank.

The repurchase program does not obligate the Company to acquire any amount of common stock and may be suspended or discontinued at any time at the Company’s discretion. The stock repurchase program is intended to provide management with an effective mechanism for capital management, increased return on equity to our existing shareholders, and provide additional market liquidity for our common shares outstanding.

The Bank remains highly rated with BauerFinancial, and Depositaccounts.com and serves its customer base through its offices located at:

• 1629 Colusa Avenue, Yuba City, CA
• 580 Brunswick Rd, Grass Valley, CA
• 905 Lincoln Way, Auburn, CA
• 904 B Street, Marysville, CA
• 401 Ryland Street, Ste. 200A, Reno, NV (Loan Production Office)
• 2901 Douglas Blvd., Ste. 140, Roseville, CA
  
  

The Bank offers a full suite of competitive products, services, and banking technology. For more information, please visit our website at www.myrvcb.com or contact John M. Jelavich at (530) 821-2469.

Forward-Looking Statements: This document may contain comments and information that constitute forward‐looking statements. Forward‐looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. These statements may use forward-looking terms, such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “probable,” “plan,” “project,” “should,” “will,” “would,” “possible,” or their negatives or other variations on these terms, and include statements related to, among others, that the repurchase program will provide management with an effective mechanism for capital management, increase return on equity, or provide additional market liquidity for the common shares. Forward‐looking statements speak only as to the date they are made. The Company does not undertake to update forward‐looking statements to reflect circumstances or events that occur after the date the forward‐looking statements are made.

FAQ

What change did River Valley Community Bancorp (RVCB) announce on January 30, 2026?

The company approved an additional $2,000,000 repurchase authorization. According to the company, this adds to the prior $1,000,000 plan for a potential $3,000,000 total through December 31, 2026.

How long will the RVCB stock repurchase program remain in effect?

The repurchase program is effective through December 31, 2026. According to the company, purchases' timing, price, and size will depend on market conditions and may be suspended.

Does the RVCB repurchase program obligate the company to buy shares?

No, the program does not obligate the company to acquire any shares. According to the company, repurchases are discretionary and may be suspended or discontinued at any time.

What is the stated purpose of RVCB's stock repurchase program?

The program is intended to aid capital management and increase return on equity. According to the company, it also aims to provide additional market liquidity for existing common shares.

Will RVCB's buyback impair the bank's capital according to management?

Management says the maximum aggregate repurchases will not impair the company or its bank subsidiary. According to the company, the Board determined the program preserves capital adequacy.