River City Bank Q3 net income jumps 56% year over year to $30.61 million
RCBC•River City Bank’s third-quarter 2026 net income rose 56% year over year to $30.61 million, primarily due to a $17.15 million mark-to-market gain on interest rate swaps. Net interest income increased 7% from the prior quarter to $37.85 million, and deposits reached $5.61 billion.
1. Quarterly results
River City Bank reported third-quarter 2026 net income of $30.61 million, up 56% year over year. The increase primarily stemmed from a $17.15 million mark-to-market gain related to interest rate swaps. Net interest income rose 7% from the preceding quarter to $37.85 million.
2. Deposits and IPO
Deposits climbed 16% year over year to $5.61 billion at September 30, 2026. The bank completed its IPO in August 2026, listing existing shares on Nasdaq without issuing new stock.
