American Riviera Bank announced unaudited earnings results for the second quarter and six months ended June 30, 2019. For the quarter, the company reported total interest income was $7,513,000 against $6,321,000 a year ago. Net interest income was $6,455,000 against $5,897,000 a year ago. Net income was $1,506,000 against $1,475,000 a year ago. Basic earnings per share was $0.30 against $0.33 a year ago.

For the six months, the company reported total interest income was $14,898,000 against $12,060,000 a year ago. Net interest income was $12,874,000 against $11,348,000 a year ago. Net income was $3,274,000 against $2,827,000 a year ago. Basic earnings per share was $0.65 against $0.64 a year ago.

The company continues to invest in expansion and pleased to announce the opening of full service branch in the City of San Luis Obispo which will allow to better serve the needs of businesses and consumers in San Luis Obispo County.