American Riviera Bank received the honor of being named a member of the ICBA 400 by ICBA Independent Banker, the definitive publication on community banks. Senior vice president Michelle Martinich explained that American Riviera was able to take advantage of a regulation that allows banks with two years of profitability to carry over losses, resulting in a one-time deferred tax asset. Although the six-year-old bank is unlikely to make the list again in the near future, the news reflects its swift success.


Please note this login is to submit events or press releases. Use this page here to login for your Independent subscription

Not a member? Sign up here.