American Riviera reports higher net income in Q3
Santa Barbara-based American Riviera Bank saw net income of $2.9 million in the third quarter of 2025, a $300,000 increase from the same quarter a year ago. Through the first nine months, ARB has generated $7.9 million in net income, up from $6.7 million in the same time period a year ago.
Total deposits were $1.26 billion on Sept. 30, an increase of $128 million or 11.3% from the same quarter a year ago. Total loans were at $1.04 billion a the end of the third quarter, an increase of $65.6 million or 6.7% from September 30, 2024. Total loans grew $21.6 million or 2.1% in the third quarter of 2025.
Non-interest-bearing demand deposits were $482.3 million or 38.3% of total deposits at Sept. 30 and have increased $51.3 million or 11.9% year to date.
“Our loyal clients have helped us achieve substantial growth in deposits, loans and profitability year to date. We are excited to announce American Riviera Bank’s expansion into Ventura County with the recent hiring of two experienced relationship bankers to open our Ventura loan production office,” Jeff DeVine, president and CEO of ARB, said in a press release.
