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American Riviera Bank and The Bank of Santa Barbara to merge

SANTA BARBARA, CALIF. July 15, 2015 – American Riviera Bank (OTC Markets: ARBV) and The Bank of Santa Barbara jointly announced today that a definitive agreement to merge the two institutions has been signed. Once complete, the new bank will be the second largest community bank based in the City of Santa Barbara with assets of over $400 million. 

American Riviera Bank Reports Strong Start to 2015

Santa Barbara, California (April 22, 2015) – American Riviera Bank (OTC Markets: ARBV) announced unaudited net income of $443,000 ($0.17 per share) for the quarter ended March 31, 2015, a 55% increase as compared to $286,000 ($0.11 per share) for the quarter ended March 31, 2014.

American Riviera Bank Reports Profits and Growth

Santa Barbara, California (January 15, 2015) – American Riviera Bank (OTC Markets: ARBV) announced unaudited net income of $1,569,000 ($0.61 per share) for the year ended December 31, 2014, a 12% increase as compared to $1,401,000 ($0.55 per share) for the year ending December 31, 2013. Unaudited net income for the quarter ending December 31, 2014 was $535,000 ($0.21 per share) versus $198,000 ($0.08 per share) for the comparable quarter of 2013.

American Riviera Bank Expands Market Share

Santa Barbara, California (October 16, 2014) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited net income of $365,000 ($0.14 per share) for the third quarter ended September 30, 2014, a decrease from the $473,000 ($0.19 per share) for the third quarter of 2013. For the nine months ending September 30, 2014, the Bank reported unaudited net income of $1,033,000 ($0.40 per share), down from the $1,203,000 ($0.47 per share) for the same reporting period last year.

American Riviera Bank hits $200M in assets

American Riviera Bank reports that total assets passed $200 million for the first time in the institution's eight-year history.

The community bank reached $217 million in total assets for the quarter ending June 30, 2014, which represents a 20 percent increase from the previous year, said company officials.

"Hitting $200 million was tremendously exciting," said Michelle Martinich, senior vice president and chief financial officer. "We had really great loan demand and a big increase in deposits from new accounts and current clients" in the second quarter.

American Riviera Bank Exceeds $200 Million in Assets

Santa Barbara, California (July 23, 2014) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited net income of $382,000 ($0.15 per share) for the second quarter ended June 30, 2014, and $668,000 ($0.26 per share) for the six months ended June 30, 2014. The Bank’s focus on building relationships and addressing the lending and deposit needs of our community has also resulted in strong growth in assets. The Bank reached $217 million in total assets at June 30, 2014, which represents a 20% increase from June 30, 2013. 

American Riviera Bank Reports Profit and Opening of Montecito Branch

Santa Barbara, California (April 23, 2013) – American Riviera Bank (OTC BB: ARBV.OB) announced today unaudited net income of $339,000 ($0.13 per share) for the quarter ended March 31, 2013. Pre-tax income for the quarter increased 105% to $563,000 at March 31, 2013 compared to the $275,000 reported for the quarter ended March 31, 2012.

American Riviera Bank Reports Strong Growth and Innovative Technology

Santa Barbara, California (April 23, 2014) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited net income of $286,000 ($0.11 per share) for the first quarter ended March 31, 2014.

American Riviera Bank Reports Record Year

Santa Barbara, California (January 24, 2014) – American Riviera Bank (OTC BB: ARBV.OB) announced unaudited net income of $1,401,000 ($0.55 per share) for the year ended December 31, 2013, a 17% increase as compared to $1,193,000 ($0.47 per share) for the year ending December 31, 2012.

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