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American Riviera Bank’s first quarter profits soared

By   /   Friday, April 26th, 2019  /   Comments Off on American Riviera Bank’s first quarter profits soared

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Santa Barbara-based American Riviera Bank, one of four independent banks based in the region, announced net income of $1.77 million, or 35 cents per share, for the first quarter ended March 31 — a 31 percent jump from $1.35 million, or 31 cents per share, for the same quarter last year. The bank’s annualized return on…

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