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American Riviera Bank Reports Increased Earnings

Santa Barbara, California (July 25, 2016) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited net income of $1,425,000 ($0.33 per share) for the second quarter ended June 30, 2016, compared to the $362,000 ($0.13 per share) reported June 30, 2015. Pre-tax, unaudited, operating income excluding merger related costs and income for the six months ended June 30, 2016 was $3,654,000 ($0.85 per share), which is 136% better on a share adjusted basis than the $966,000 ($0.36 per share) achieved for the same reporting period last year prior to the merger.

American Riviera Bank names new SVP/Chief Credit Officer

Santa Barbara, California (July 25, 2016) – Eusebio Cordova has been named Senior Vice President/Chief Credit Officer at American Riviera Bank, according to Jeff DeVine, President and Chief Executive Officer of the community bank.

American Riviera Bank to mark 10-year anniversary

Santa Barbara, California (July 11, 2016) – With approximately 400 local shareholders to lay the foundation, American Riviera Bank opened its doors as a full-service community bank focusing on the lending and deposit needs of the area’s businesses and consumers. On July 18, the Bank will celebrate its 10th Anniversary.

And it has good reasons to celebrate, financial success and a rosy forecast for continued development among them.

Robert Mislang joins American Riviera Bank

Santa Barbara, California (July 11, 2016) – Robert Mislang is the new Vice President and Regional Banking Manager at American Riviera Bank, according to Jeff DeVine, President and CEO of the popular Santa Barbara-based community bank.

American Riviera Bank Reports Benefits of Merger

Santa Barbara, California (April 27, 2016) – American Riviera Bank (OTC Markets: ARBV) announced unaudited net income of $176,000 ($0.04 per share) for the quarter ended March 31, 2016, compared to $443,000 ($0.17 per share) for the quarter ended March 31, 2015. Pre-tax, unaudited, operating income excluding merger related costs for the quarter ended March 31, 2016 was $1,652,000 ($0.38 per share), which is 41% better on a share adjusted basis than the $734,000 ($0.27 per share) achieved for the same reporting period last year prior to the merger.

American Riviera Bank Reports Merger and Growth

Santa Barbara, California (January 28, 2016) – American Riviera Bank (OTC Markets: ARBV) announced unaudited net income of $1,303,000 ($0.48 per share) for the year ended December 31, 2015, compared to $1,569,000 ($0.59 per share) for the year ended December 31, 2014. Pre-tax, unaudited, net income excluding merger related costs for the year ended December 31, 2015 was $3,022,000, which is 18% better than the $2,567,000 recorded for the same reporting period last year.

American Riviera Bank Announces Completion of the Merger of The Bank of Santa Barbara into American Riviera Bank

Santa Barbara, California (January 1, 2016) – American Riviera Bank (OTC Markets: ARBV) announced today that on January 1, 2016, it completed its previously announced merger with The Bank of Santa Barbara.

Shareholders Approve Merger

Santa Barbara, California (October 27, 2015) – American Riviera Bank (OTC Markets: ARBV) announced that its shareholders approved the merger with The Bank of Santa Barbara at its annual meeting today. The Bank of Santa Barbara separately approved the merger at a special meeting of its shareholders today. The merger is expected to close at the end of December 2015 subject to final regulatory approval.

American Riviera Bank and The Bank of Santa Barbara will transition to one name in early 2016

SANTA BARBARA, CALIF. Aug. 27, 2015 – Following the recent announcement of their definitive agreement to merge, American Riviera Bank and The Bank of Santa Barbara commissioned a locally based firm, Idea Engineering, to conduct a branding study.  As a result of the findings, both banks are excited to announce that the unanimous decision for the name of the merged bank will be: American Riviera Bank. 

American Riviera Bank Reports Strong Financials

Santa Barbara, California (July 21, 2015) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited pre-tax operating income of $763,000 for the second quarter ended June 30, 2015. This represents a 20% increase from the $635,000 generated during the same reporting period last year. Due to merger related costs of $160,000, the Bank reported unaudited net income of $362,000 ($0.13 per share) for the second quarter ended June 30, 2015.  This compares to $382,000 for the same quarter last year.

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