Tag archives: American Riviera

American Riviera Bank Reports Annual Results
By Kelly Mahan Herrick   |   February 8, 2022

American Riviera Bank announced earlier this week unaudited net income of $11,829,000 for the 12 months ending December 31, 2021. This represents a 60% increase in net income from the $7,378,000 earned in the same reporting period in the prior year. In 2021, the bank achieved an annualized return on average assets of 1.04% and […]

The Economic Pandemic Meets the Hometown Banker
By Mitchell Kriegman   |   April 9, 2020

They call it the novel coronavirus. It will have existed for 142 days as of this publication. It’s called a “novel” virus because, while variations have existed before, this one is brand new. It’s unique in that it replicates quickly in asymptomatic people who are stealth carriers, then explodes in the population overwhelmingly, debilitating the […]