Theranking is based on American Riviera Bank’s 2011 year-end earnings and operational efficiencies.
“The community banks highlighted in this year’s ICBA 400 exemplify the mission ofcommunity banking by reinvesting locally in their communities and making them a betterplace for their customers to live and work each and every day,” said Chris Lorence,ICBA Executive Vice President and Chief Marketing Officer. “We commend AmericanRiviera Bank for their ongoing dedication to the positive mission of our great industry.”
This year’s ICBA 400 shows that the overall performance of community banks across thecountry continues to steadily improve since the Wall Street financial crisis. Themagazine’s year-end rankings of ICBA members are based on return on average assetsand return on average equity as reported in final 2011 FDIC call report data. Theperformance rankings include listings for Subchapter S corporation and Subchapter Ccorporation community banks among five asset categories.
“American Riviera Bank is honored to be named to the ICBA 400,” said Jeff DeVine,American Riviera Bank’s President and CEO. “We credit our dedicated employees andloyal local customers for our success and are proud to be part of the financial servicesindustry that is driving economic stability and prosperity in our community.”
To see the ICBA 400 Top Performers listing, read the article “Mapping the Future” onICBA Independent Banker’s website at www.independentbanker.org.
American Riviera Bank is a full service community bank, focused on serving the lendingand deposit needs of businesses and consumers in our community. The Bank was founded in 2006 by over 400 local shareholders and has one branch located at 1033Anacapa Street in downtown Santa Barbara. Click here for website.