American Riviera Bancorp, holding company of American Riviera Bank, has announced unaudited net income of $7.3 million ($1.26 per share) for the six months ended June 30, 2026.

The figure represents an increase of 46.2% compared to $5 million ($0.86 per share) earned in the same reporting period in 2025.

Unaudited net income was $3.3 million ($0.57 per share) for the three months ended June 30, 2026, compared to $4 million ($0.69 per share) in the previous quarter, and $2.6 million ($0.46 per share) earned in the same reporting period in the previous year.

Net income pre-tax, pre-provision (non-GAAP) continued to increase, reaching $5.4 million for the three months ended June 30, 2026, compared to $5.2 million in the previous quarter, and $4 million in the same reporting period in the previous year, the bank reports.

Total deposits were $1.23 billion at June 30, 2026, an increase of $95.5 million or 8.4% from June 30, 2025.

Total loans were $1.15 billion at June 30, 2026, up $133.4 million or 13.1% from June 30, 2025. Total loans grew $72.0 million or 6.7% in the first half of 2026.

Significant loan growth of $54.2 million in the most recent quarter necessitated a $1.0 million loan loss provision to maintain an appropriate allowance to total loans of 1.19% at June 30, 2026, the bank reports.

“American Riviera Bank recently celebrated our 20-year business anniversary,” said Jeff DeVine, president/CEO of the company and the bank.

“Our vibrant Central Coast economy has made it possible for the bank to significantly grow loans and substantially improve profitability over the prior year to date,” he said. “We have our loyal clients, knowledgeable bankers and community to thank for this longevity and success.”