American Riviera Bancorp, holding company of American Riviera Bank, has announced today unaudited net income of $5.0 million ($0.86 per share) for the six months ended June 30, 2025, compared to $4.6 million ($0.80 per share) earned in the same reporting period in the previous year.

Unaudited net income was $2.6 million ($0.46 per share) for the three months ended June 30, 2025, compared to $2.3 million ($0.40 per share) in the previous quarter, and $2.5 million ($0.42 per share) earned in the same reporting period in the previous year.

Total deposits were $1.13 billion at June 30, 2025, an increase of $63.5 million or 5.9% from June 30, 2024.

“At June 30, 2025, all deposits were ‘core deposits’ from our clients, with no wholesale-funded certificates of deposit,” the bank said.

Total loans were $1.02 billion at June 30, 2025, an increase of $56.6 million or 5.9% from June 30, 2024. Total loans grew $25.5 million or 2.6% in the second quarter of 2025.

“We achieved strong loan growth this quarter from new loans as well as advances on existing commitments,” said Jeff DeVine, president/CEO of the company and the bank. “Our clients have helped us exceed a milestone of $1 billion in loans in our community.

“We also celebrate the one-year anniversary of our Atascadero branch which has successfully grown to over $30 million in core deposits.”