California banks back in the spotlight a year after Silicon Valley Bank collapsed

California banks back in the spotlight a year after Silicon Valley Bank collapsed

2 weeks ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/04/18/one-year-after-svbs-collapse-california-banks-are-back-in-the-spotlight/

River City Bank likes to boast that it’s a midsized firm that thinks big.

The Sacramento, California-based lender has doubled assets to about $5 billion in five years with real estate loans up and down the West Coast. Its portfolio, from Los Angeles apartments to Silicon Valley storage facilities, is designed to withstand market tumult, said Dan Franklin, who oversees the bank’s property lending.