“The current economic outlook in Southwest Washington and Portland is improving, and we are seeing encouraging signs in our market,” said Pat Sheaffer, Chairman and CEO of Riverview Community Bank, in a press release. “Our general business outlook continues to get better as the economic recovery gains strength. Loan demand is strengthening and our loan pipeline has continued to grow over the last several quarters.”
Riverview also added new lenders to its two existing lending teams during the past quarter, which Sheaffer said will allow the bank to reach more potential customers.
“We have built a solid foundation to continue to grow our loan portfolio in the coming year,” he said. “Our lending teams continue to do a good job of serving our existing clients and bringing new relationships to the bank.”
View the bank’s latest fiscal report in full by clicking here.