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Published 21 days ago

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

Summary by OC Register
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. “We’re turning down way more deals than we’re doi…

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