River City Bank Reports Q2 2025 Net Income of $15.4M, EPS Down to $10.52 from $11.66 in Q2 2024

Reuters
07/17
<a href="https://laohu8.com/S/RCBC">River City Bank</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income of $15.4M, EPS Down to $10.52 from $11.66 in Q2 2024

River City Bank (RCB Corporation) reported a net income of $15.4 million for the second quarter ended June 30, 2025, a decrease from $17.2 million in the same period of 2024. Earnings per diluted share were $10.52, compared to $11.66 in the previous year. For the six months ended June 30, 2025, net income stood at $27.7 million, down from $35.9 million for the same period in 2024, with earnings per diluted share of $18.91 compared to $24.29. The decline in earnings was primarily attributed to accounting for a segment of the Bank's interest rate swap portfolio. Average loans outstanding increased by $478 million over the previous year, enhancing interest income despite a slight decrease in loan yields to 5.38%. The Bank also experienced a $259 million growth in average deposits for the quarter, partly supporting its loan growth. River City Bank's shareholders' equity surpassed the $500 million mark for the first time, reaching $510 million as of June 30, 2025, up from $485 million at the end of 2024. The Bank maintained high levels of liquidity with $964 million in cash and investments and $1.7 billion in available borrowing capacity. The return on equity was 11.1%, and the return on assets was 1.04% for the first half of 2025. Despite a slower loan growth due to reduced borrower demand, the Bank remains well-positioned for future growth. Operational efficiency was strong, with a 36% efficiency ratio for the six months ended June 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RCB Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1049019) on July 16, 2025, and is solely responsible for the information contained therein.

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