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Refer-A-Business OR Non-Profit Group — check your mailbox for more details!

In order to qualify, the new business customer must open an account between November 1 and January 31, 2014, and identify the existing customer who referred them during the account opening process. New customer is defined as a business who has not had an account with Sutter Community Bank in the past 90 days. At the Bank’s discretion, each “Lunch for 2” recipient will receive a $25 gift certificate to the chosen restaurant. Gift certificates will be given to eligible customers approximately 30 days from new customer account opening. Both the new customer and existing customer must still be account holders at the time of gift certificate distribution.


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Check out our Fall 2013 issue of the Sutter Community Bank newsletter, "Connected."

Click the image at left to view the entire newsletter…


Sutter Community Bank Names Wilson
as Chief Credit Officer

July 18, 2013

Sutter Community Bank has announced the appointment of Mike Wilson as Chief Credit Officer. His responsibilities include managing the credit and loan operations, assuring strong asset quality, and developing a credit policy so as to position the bank for growth.

Mike has 40 years' experience in banking and finance, including 29 years as President and CEO of several California banks. Mike is a graduate of The University of California at Santa Barbara and Pacific Coast Banking School.

Prior to joining Sutter Community Bank, Mike was the President, CEO and Director of Suncrest Bank in Visalia, California. Suncrest Bank was the second start-up bank Mike helped open.

"Coming from a new community bank, in an ag town like Visalia, I'm well prepared to lead the lending efforts in our ag-focused Yuba-Sutter community," said Wilson. "Sutter Community Bank is truly a community bank. It is defined by its relationships with its customers and community. I look forward to being a part of the evolution and growth of those relationships."

Prior to Suncrest Bank, Mike helped open Golden State Business Bank in Upland, California.

"The addition of Mike Wilson as Chief Credit Officer is another important step towards keeping us a best-in-class community bank," said Kevin Ardolf, President and CEO of Sutter Community Bank. "Mike brings a distinguished record of accomplishment built on 40 years of bank leadership experience."


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Check out our Spring 2013 issue of the Sutter Community Bank newsletter, "Connected."

Click the image at left to view the entire newsletter…


Jacuzzi Named Chairman of Yuba City's Sutter Community Bank

Sutter Community Bank Board of Directors announced today the appointment of Daniel Jacuzzi as Chairman of the Board of Directors. Jacuzzi is an original founder and organizer of Sutter Community Bank and has been a member of the Board of Directors since inception.

Jacuzzi operates real estate, mortgage and title company businesses throughout Northern California, Lake Tahoe and Northern Nevada. Employing hundreds of people, Jacuzzi's businesses include Century 21 Select, ERA Cornerstone Realty Group, Select Property Management, Stanford Mortgage, Coldwell Banker Select of Nevada, and Inter-County Title Company of El Dorado County.

Jacuzzi succeeds Robert C. Ryan, who had been the bank's Chairman since opening in 2006.

Commenting on today's announcement, Ryan, the Bank's former Chairman, stated, "I enjoyed serving as the Chairman of the Board of Sutter Community Bank for the last 7 years and I congratulate Dan on his recent appointment. I look forward to working under his leadership."

Jacuzzi commented, "Rob was instrumental in navigating the development and growth of the Bank. His guidance as Chairman, and contributions on many Board Committees, has been invaluable through the years. I look forward to working with the Board and Management team as we work together to grow and build shareholder value, as well as commit to the Bank's Mission Statement to provide financial services to the Yuba-Sutter community."

Ryan will continue to serve on the Board of Directors.

President and CEO, Kevin Ardolf , stated "The Board and Executive Management thank Rob for his leadership. His insight, vision and dedication have helped guide the Bank through a very challenging economic period. Rob has given tremendous support to the Bank over many years and contributed towards many of the Bank successes. His skills, experience and insight of the Yuba-Sutter area have added to the strength of the Bank."

Ardolf concluded with, "The Bank looks forward to having Dan serve as Chairman, and wishes him the very best in his new capacity to lead the Bank in the upcoming term."


Sutter Community Bank Named Finalist for Innovative Community Bank of the Year Award

WIB LogoWestern Independent Bankers (WIB) and BDO announced that nine community banks have been selected as finalists for the 2nd Annual Innovative Community Banks of the Year Awards, including Sutter Community Bank of Yuba City, California. The finalists represent the forward-thinking and creative achievements of community banks in three different asset size categories for innovations achieved in 2012.

"These Innovative Community Banks of the Year Awards represent ways in which community banks are paving the way to innovation in community banking," said Nancy Sheppard, president & CEO of WIB. "The nominated banks and finalists are prime examples of the way in which innovation and service can successfully meet."

A panel of fourteen industry experts selected the finalists from a pool of nominations in the three asset-size categories. The chair of the Awards Advisory Committee is Mike Soza, Partner at BDO, a professional services firm that includes many community banks as clients "BDO is very proud to be a co-sponsor of these awards once more," said Soza. "We recognize the innovative ways these banks are reaching their customers and their communities, and we salute them."

The 2012 Innovative Community Banks Awards finalists are:

  • Under $250m in Assets -- Fortune Bank, WA - Cloud Solution for Infrastructure; Sutter Community Bank, CA - Senior Financial Security Seminar; Thurston First Bank, WA - Innovative Financing for Local Non-Profit
  • $250m-$1B in Assets -- Bank of American Fork, UT - Incentive Program for Associates in Relationship Banking; Simplicity Bank, CA - Biometric Fingerprint Reader System; Sunwest Bank, CA - Customer Risk & Review Assessment
  • Over $1B in Assets -- Bank of the Sierra, CA - Compliance Platform; HomeStreet Bank, WA - IPO Recapitalization of a Troubled Institution; Washington Trust Bank, WA - Cloud Solution for Disaster Recovery

Profiles of each finalist bank, as well as a list of the judges, are on the WIB website. The winner in each category will be announced on March 24 at 2:00 pm at WIB's Annual Bank Conference for Bank Presidents, Senior Officers & Directors in Kauai, Hawaii, March 23-27, 2013.


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Check out our Winter 2012 issue of the Sutter Community Bank newsletter, "Connected."

Click the image at left to view the entire newsletter…


Sutter Community Bank Expands Loan Team

Sutter Community Bank is proud to announce the addition of two new Loan Specialists, Nancy Santana and Diana Armstrong.

Nancy brings 19 years of banking and loan experience, including 11 years at Feather River State Bank and most recently 8 years at Gold Country as a loan processor. Nancy is a third generation Sutter County native, active in the Yuba-Sutter community through Relay 4 Life, and the Muscular Dystrophy Association. She received the "Rookie of the Year" award as an Ambassador for the Yuba-Sutter Chamber of Commerce.

"I'm thrilled to be part of a team that is so community and customer service orientated," said Nancy. "It's great to be on a team that shares my core values."

Diana brings 22 years of banking and loan experience, including 12 years at Butte Community Bank and most recently 2 years as an Accounting Specialist at Golden Valley Bank, a community bank in Chico. Diana enjoys coaching softball, and helping Relay 4 Life.

"I am super happy to join the Sutter Community Bank team," said Diana. "These are truly great bankers, who are great fun. It's like a family."

For the third quarter, period ending September 30, 2012, Sutter Community Bank's assets rose to $69.8M, up 7% from a year ago. Deposits increased 5%, to $60.6M, and net loans hit $57.8M, up 20% from a year ago.

The Bank is rated "OUTSTANDING" by the FDIC for compliance with the Federal Community Reinvestment Act, a federal regulation that encourages regulated financial institutions to help meet the credit needs of the local communities in which they are chartered.

Sutter Community Bank's stock is traded under the symbol SUTB. The bank is located in beautiful downtown Yuba City, at the Southwest corner of Plumas Street and Forbes Avenue. For more information, visit www.suttercommunitybank.net, or call (530) 674-8900 – a real person will answer the phone!

Forward Looking Statements: This document may contain comments and information that constitute forward looking statements. Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forward looking statements speak only as to the date they are made. Sutter Community Bank will not update forward looking statements to reflect circumstances or events that occur after the date the forward looking statements are made.


Sutter Community Bank Launches Mobile Connect

Sutter Community Bank has become one of the first community banks in the Yuba-Sutter area to offer mobile banking, with their new Mobile Connect platform.

Sutter Community Bank customers enrolled in Online Banking can now access their accounts from their web-enabled phone, smart phone, BlackBerry®, Android™, iPhone® or iPad®.

Mobile Connect is a free service that allows customers to access account information, view transaction history, transfer funds, and pay bills from their mobile device.

To learn more, visit our Mobile Connect page.


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Check out our Fall 2012 issue of the Sutter Community Bank newsletter, "Connected."

Click the image at left to view the entire newsletter…


Sutter Community Bank Reports Increased Profitability and Growth

Sutter Community Bank is proud to release our second quarter (unaudited) earnings, for the period ending June 30th, 2012. Earnings for the 3-month period were $231,000. Assets rose to $67,333,000, a 4% increase over the June 2011 asset total of $64,667,000. Deposits increased to $58,208,000, a 2% increase over the June 2011 deposit total of $56,948,000. Loans increased 21% from a 2011 loan total of $49,766,000 to a 2012 loan total of $60,191,000.

"We are particularly proud of our 21% loan growth over last year," said Sutter Community Bank's President and CEO, Kevin Ardolf. "That directly re-affirms that Sutter Community Bank continues to make business and agricultural loans right here at home."

Sutter Community Bank was established in June, 2006, to meet the financial needs of the communities in Yuba and Sutter Counties.

The Bank is rated "OUTSTANDING" by the FDIC for compliance with the Federal Community Reinvestment Act, a federal regulation that encourages regulated financial institutions to help meet the credit needs of the local communities in which they are chartered.

Sutter Community Bank's stock is traded under the symbol SUTB. The bank is located in beautiful downtown Yuba City, at the Southwest corner of Plumas Street and Forbes Avenue. For more information, visit www.suttercommunitybank.net, or call (530) 674-8900 - a real person will answer the phone!

Forward Looking Statements: This document may contain comments and information that constitute forward looking statements. Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forward looking statements speak only as to the date they are made. Sutter Community Bank will not update forward looking statements to reflect circumstances or events that occur after the date the forward looking statements are made.


Mobile Banking Coming Soon...Are You Ready?

Image of Mobile PhoneSutter Community Bank is excited to announce our mobile banking application, including text banking, will launch late summer 2012.

Customers wishing to use mobile banking must be enrolled in online banking. If you aren't yet, now's the time to sign up. It's free!

Our mobile banking app will allow you to:

  • Transfer funds between accounts
  • Check balances
  • Set-up and receive balance alerts
  • Text simple codes to receive information (e.g. texting "b will send your account balance)

Remember, only customers enrolled in online banking will have access to mobile banking. Not enrolled, or don't know if you are, call us at 530.674.8900.


SUTTER COMMUNITY BANK Named a Top Performer

Yuba-Sutter community bank makes the prestigious "ICBA 400" list

YUBA CITY, CA (June 25, 2012) ICBA Independent Banker®, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the nation's number-one source for community banking news, recognized SUTTER COMMUNITY BANK of Yuba City, CA as an outstanding "ICBA 400 community bank performer in its annual special issue. The ranking is based on Sutter Community Bank's 2011 year-end earnings and operational efficiencies.

"The community banks highlighted in this year's ICBA 400 exemplify the mission of community banking by reinvesting locally in their communities and making them a better place for their customers to live and work each and every day, said Chris Lorence, ICBA executive vice president and chief marketing officer. "We commend Sutter Community Bank on their ongoing dedication to the positive mission of our great industry.

This year's ICBA 400 shows the overall performance of community banks across the country continues to steadily improve since the Wall Street financial crisis. The magazine's year-end rankings of ICBA members are based on return on average assets and return on average equity among five asset categories. The performance rankings include listings for Subchapter S corporation and Subchapter C corporation community banks.

"Sutter Community Bank is honored to be named to the ICBA 400," said Kevin Ardolf, Sutter Community Bank's President and CEO. "As a proud member of the Yuba-Sutter community, we credit our dedicated employees and loyal local customers for our success and are proud to be part of the financial foundation that drives economic stability and prosperity right here on Main Street."

About ICBA

The Independent Community Bankers of America®, the nation's voice for more than 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.

About Sutter Community Bank

Sutter Community Bank is located in downtown Yuba City at 700 Plumas Street. Sutter Community Bank's stock is traded under the symbol of SUTB. Other bank information is available at our website at www.suttercommunitybank.net.

Forward Looking Statements: This document may contain comments and information that constitute forward looking statements. Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forward looking statements speak only as to the date they are made. Sutter Community Bank will not update forward looking statements to reflect circumstances or events that occur after the date the forward looking statements are made.


Image of SCB Newsletter

Check out our Summer 2012 issue of the Sutter Community Bank newsletter, "Connected."

Click the image at left to view the entire newsletter…


Sutter Community Bank Continues Growth & Profitability in 2012

YUBA CITY, Ca. - May 3, 2012 -- The beginning of a New Year is an exciting time as we place the previous year's successes in our memory, and launch into new opportunities and new relationships in our community.

Sutter Community Bank is proud to release our first quarter (unaudited) earnings, for the period ending March 31st, 2012. Earnings for the 3-month period were a profitable $127,000. Assets rose to $68,549,000, a 6% increase over the March 2011 asset total of $64,645,000. Deposits increased to $59,808,000, also a 6% increase over the March 2011 deposit total of $56,520,000. Loans increased 19% from a 2011 loan total of $47,831,000 to a 2012 loan total of $56,913,000.

"There's a perception that banks aren't lending right now," said Sutter Community Bank's President and CEO, Kevin Ardolf. "With a 19% loan growth over last year, I think we've proven that's not the case. We are particularly proud that Sutter Community Bank continues to meet our communities financial needs by making business and agricultural loans right here at home."

For the first 3-months of 2012, Sutter Community Bank made 43 loans, totaling almost $10 million. The majority of these loans were made to Yuba-Sutter businesses.

"While a number of banks are seeking alternative income sources, we feel the role of our bank is to really assist our local community's families, farms, and businesses through loans that help them reach their goals and fulfill their business models," continued Ardolf. "That's the grassroots job of a Community Bank."

Sutter Community Bank's core deposits now account for over 60% of all deposits. Industry-wide, most banks are very satisfied if they reach 40%. Core deposits are those deposits from savings, checking accounts and the like, they are generally less vulnerable and more stable deposits, and are a good indicator of customer loyalty.

Sutter Community Bank's stock is traded under the symbol SUTB. The bank is located in beautiful downtown Yuba City, at the corner of Plumas and Forbes. For more information, visit www.suttercommunitybank.net, or call (530) 674-8900 - a real person will answer the phone!


Sutter Community Bank's Net Income Reaches Record High for the Year Ending December 30, 2011

Sutter Community Bank, (OTCBB:SUTB.OB) located in Yuba City, California, announced the Bank's 2011 (unaudited) financial results for the twelve month period ending on December 31, 2011. Net Income was $1,187,000, or $1.25 per share, equating to a 278% increase over the same period of 2010. Net Income for the year included a tax benefit of $1,115,000 or $1.17 per share, related to the tax benefit associated with the Bank's start-up losses. The Bank has had three consecutive years of profitability since opening in June 2006.

Total loans were a record $54.9 million at December 31, 2011, increasing $5 million or 10% over December 31, 2010. Total Deposits remained the same when comparing both year ends; however core deposits increase 8% in 2011 over 2010. Total assets decreased slightly from December 31, 2010 from $65.3 million to $64.6 million at December 31, 2011.

Net interest income for the twelve months ended December 31, 2011 was $2,901,000 and benefited by a reduction in the cost of funds which average .76% in 2011 versus last years 1.01%. The net interest margin averaged 4.70% in 2011 compared with 5.28% in 2010.

"We are in a historically low interest rate environment," stated CFO Lee-Ann Cimino. "We are fortunate that we were able to maintain margins exceeding the majority of our peers."

"We are proud of our record net income," said CEO Kevin Ardolf. "We are especially pleased with our 'Outstanding' rating by the FDIC for our performance with the Community Reinvestment Act. Our business model to serve our local community has served us well."

Sutter Community Bank was established in June, 2006, to meet the needs of the communities of Yuba and Sutter Counties. The Bank is located at 700 Plumas Street, in Downtown Yuba City, California. For more information, visit the bank, our website www.suttercommunitybank.net or call us at 530-674-8900.

Forward Looking Statements: This document may contain comments and information that constitute forward looking statements. Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements. Forward looking statements speak only as to the date they are made. Sutter Community Bank will not update forward looking statements to reflect circumstances or events that occur after the date the forward looking statements are made.


Rogers Joins Sutter Community Bank Team

Patricia "Trisha" Rogers has joined Sutter Community Bank as a Service Specialist. Prior to joining the bank, Trisha worked for Sierra Central Credit Union for 3 years as a Loan Processor. Born and raised in Sutter County, Trisha brings 10 years of banking experience to Sutter Community Bank, including extensive knowledge of lending and collections. She is a member of the Delta Kappa Iota women's club of Live Oak, and currently resides in Live Oak.

For more information, contact Trisha at 530-674-8900


Sutter Community Bank Receives 'Outstanding' CRA Rating by FDIC

Yuba City bank becomes 18th bank in California history to receive honor

Sutter Community Bank, announced it has been assigned an overall rating of "Outstanding" -- the highest rating possible -- on its Community Reinvestment Act (CRA) Performance Evaluation from its regulators, the Federal Deposit Insurance Corporation (FDIC). Only 17 other California banks have received this highest rating since the CRA began the rating system in 1998.

The CRA evaluation assessed Sutter Community Bank's performance with respect to meeting the credit needs of the Yuba-Sutter community, including low and moderate income individuals, neighborhoods and businesses. The evaluation considers an institution's community development loans and services, along with a review of the community development investments in the bank's assessment area.

The CRA evaluation praised Sutter Community Bank for community outreach efforts including twelve SBA loan training presentations by Chief Lending Officer, Ken Sheffer, and a small business training class at Yuba Community College led by President, Kevin Ardolf. A well-attended community outreach event, that educated consumers on new FDIC insurance requirements, was also noted.

"We are extremely proud of the 'Outstanding' rating we received from the FDIC," said Sutter Community Bank President and CEO Kevin Ardolf. "Since our formation in 2006, Sutter Community Bank has made a concerted effort to address the needs of our community, with a special focus on small business and small farm loans. We believe this rating is a reflection of our fulfillment of that commitment."

"The rating we received from the FDIC reinforces our approach to meeting the needs of the communities where we do business. We view our CRA work not as a requirement or a box to check off, but as the right thing to do," commented Ken Sheffer, Chief Lending Officer, Sutter Community Bank.

The CRA, enacted in 1977, requires banks to help meet the credit needs of the communities they serve, including low- and moderate-income communities. In rating Sutter Community Bank "Outstanding," the FDIC cited the following factors:

  • Sutter Community Bank's net loan-to-deposit ratio is more then reasonable given the bank's size, financial condition, and the Yuba-Sutter area's credit needs.
  • A majority of Sutter Community Bank's loans are in the Yuba-Sutter area.
  • The geographic distribution of loans reflects excellent dispersion throughout the Yuba-Sutter area.
  • The distribution of borrowers reflects, given the demographics of the Yuba-Sutter area, excellent penetration among small business and farm loans.
  • Sutter Community Bank's record of providing services and delivery systems enhances credit availability in the Yuba-Sutter area.

About Sutter Community Bank

Sutter Community Bank serves the Yuba-Sutter community, providing loans and deposit products to individuals, and small to mid-sized businesses. As of June 30, 2011, Sutter Community Bank had total assets of $64.8 million and total deposits of $56.9 million. Visit the bank at 700 Plumas Street in downtown Yuba City, or on the web at www.suttercb.com for more information.

A copy of the FDIC Sutter Community Bank CRA assessment is available at Sutter Community Bank at 700 Plumas Street, Yuba City.


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