American Riviera Bancorp Announces Results for the Third Quarter of 2026
Key Highlights
- ➤ARBV nine-month net income $11.6 million, up 46.7% year over year
- ➤Third-quarter net income $4.3 million, up from $2.9 million year over year
- ➤Total loans $1.18 billion, up 13.6% year over year
- ➤Third-quarter NIM 4.11%, up 45 basis points year over year
- ➤Non-accrual loans $4.2 million, down $5.6 million year over year
Expert Statements
Jeff DeVine, President and CEO of American Riviera Bancorp and American Riviera Bank
“In our twentieth anniversary year, we are pleased to report record year to date earnings made possible by double digit loan growth in the communities we serve. Over the past year, efforts by our team have increased our loan to deposit ratio from 82.6% to 93.7% while maintaining strong credit quality and underwriting standards.”
SANTA BARBARA, CA / ACCESS Newswire / October 28, 2026 / American Riviera Bancorp ("Company") (OTCQX:ARBV), holding company of American Riviera Bank ("Bank"), announced today unaudited net income of $11.6 million ($2.01 per share) for the nine months ended September 30, 2026, an increase of 46.7% compared to $7.9 million ($1.38 per share) earned in the same reporting period in the previous year.
Unaudited net income was $4.3 million ($0.75 per share) for the three months ended September 30, 2026, compared to $3.3 million ($0.57 per share) in the previous quarter, and $2.9 million ($0.51 per share) earned in the same reporting period in the previous year. Net income pre-tax, pre-provision (non-GAAP) continued to increase, reaching $6.3 million for the three months ended September 30, 2026, compared to $5.4 million in the previous quarter, and $4.7 million in the same reporting period in the previous year. Earnings for the three months ended September 30, 2026, include $477,000 of non-recurring loan interest recovery.
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