River City Bank美股招股说明书(2026-08-06版)

Common Stock This is the initial public offering of shares of common stock of River City Bank, a Californiastate-chartered bank. The selling shareholders identified in this offering circular are offering2,700,000 shares of River City Bank common stock. We will not receive any proceeds from the salesof shares by the selling shareholders in this offering. Prior to this offering, our common stock was quoted on the OTCID Basic Market operated by theOTC Markets Group, Inc. under the symbol “RCBC.” On August 5, 2026, the last reported closingprice for our common stock on the OTCID Basic Market was $49.55 per share. The public offeringprice of our common stock is $45.00 per share. Our common stock has been approved for listing onthe NASDAQ Capital Market under the symbol “RCBC.” Investing in our common stock involves risk. See the section entitled “Risk Factors” beginningon page 26 of this offering circular. We are an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of2012 and, as such, have elected to comply with reduced public company reporting and disclosurerequirements. This document constitutes an offering circular covering securities that are exempt fromregistration under the Securities Act of 1933, as amended (the “Securities Act”) pursuant toSection 3(a)(2) thereof. These securities have not been approved or disapproved by the FederalDepositInsurance Corporation,the Securities and Exchange Commission,the CaliforniaDepartment of Financial Protection and Innovation, nor any other regulatory body, nor has theFederal Deposit Insurance Corporation, the Securities and Exchange Commission, the CaliforniaDepartment of Financial Protection and Innovation, nor any other regulatory body passed upon theadequacy or accuracy of the disclosure in this offering circular. Any representation to the contraryis a criminal offense. Shares of our common stock are not savings accounts, deposits or other obligations of anybank, are not insured or guaranteed by the Federal Deposit Insurance Corporation or any othergovernment agency, and are subject to investment risks, including the possible loss of the entireamount you invest. Per ShareTotalPublic offering price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$45.00$121,500,000Underwriting discounts (1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 2.19$5,913,000Proceeds to the selling shareholders, before expenses. . . . . . . . . .$42.81$115,587,000 At our request, the underwriters have reserved up to 10% of the shares of common stock offeredby this offering circular for sale at the initial public offering price through a directed share program toour directors, executive officers, shareholders, employees, business associates and related personswho have expressed an interest in purchasing our common stock in this offering. See the sectionentitled “Underwriting—Directed Share Program.” The shares of common stock in this offering will be ready for delivery on or about August 7,2026. Joint Book-Running Managers Co-Managers D.A. Davidson & Co. Stephens Inc. The date of this offering circular is August 5, 2026. TABLE OF CONTENTS PageOFFERING CIRCULAR SUMMARY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3SUMMARY HISTORICAL CONSOLIDATED FINANCIAL AND OPERATINGINFORMATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19NON-GAAP FINANCIAL MEASURES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21SUMMARY OF RISK FACTORS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24RISK FACTORS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. . . . . . . . . . . . .51MARKET FOR THE COMMON STOCK AND DIVIDEND POLICY. . . . . . . . . . . . . . . . . . . . .53MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTS OF OPERATIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .55BUSINESS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .103SUPERVISION AND REGULATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .118MANAGEMENT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .126EXECUTIVE COMPENSATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .135CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS. . . . . . . . . . . . . . . .144PRINCIPAL AND SELLING SHAREHOLDERS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .146DESCRIPTION OF CAPITAL STOCK. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .147SHARES ELIGIB