River City Bank Announces Pricing of Initial Public Offering
River City Bank (the “Bank”) today announced the pricing of its initial public offering (IPO) of 2,700,000 shares of its common stock at a public offering price of $45.00 per share. The Bank’s common stock is expected to begin trading on the Nasdaq Capital Market under the symbol “RCBC” on August 6, 2026. The closing of the offering is expected to occur August 7, 2026, subject to the satisfaction of customary closing conditions.
The offering consists solely of existing shares held by two of the Bank’s longtime shareholders associated with the family of the Bank's founder, Jon Kelly. As a result, the IPO is structured as a 100% secondary offering, with no new shares issued by the Bank.
Raymond James & Associates, Inc. and Keefe, Bruyette & Woods, a Stifel Company, are serving as joint book-running managers for the offering. D.A. Davidson & Co. and Stephens Inc. are serving as co-managers.
An Offering Circular relating to these securities has been filed with and accepted by the Federal Deposit Insurance Corporation, and the offering was made solely by means of the Offering Circular. Copies of the Offering Circular may be obtained from Raymond James & Associates, Inc. at (800) 248-8863 or prospectus@raymondjames.com, or from Keefe, Bruyette & Woods, a Stifel Company, at (800) 966-1559 or USCapitalMarkets@kbw.com.
