EX-99.1
3
ck0001641601-ex991_6.htm
EX-99.1
ck0001641601-ex991_6.htm
Exhibit 99.1
Press Release
River Financial Corporation and Keystone Bancshares, Inc. Complete Merger
Pra
tt
v
ill
e, AL
-
Jan
u
ary
4
,
2016 -
River Financial Corporation and Keystone Bancshares, Inc. today announced the completion of the merger of River Bank & Trust and Keystone Bank effective December 31, 2015. The announcement was issued by Jimmy Stubbs, President and Chief Executive Officer of River Bank & Trust and Ray Smith, Chief Executive Officer of Keystone Bank. As a result of the merger, Keystone Bank locations in Gadsden, Auburn and Opelika will operate as River Bank & Trust under the leadership of Mr. Stubbs who will serve as Chief Executive Officer and Mr. Smith who will serve as President.
The
c
ombin
e
d
c
omp
an
y
h
a
s
a
pp
r
o
x
im
a
t
el
y
$700
million in
a
ss
e
ts
a
nd nine
o
ff
i
c
e
lo
ca
tions
acr
oss
ce
nt
ra
l
a
nd
ea
st A
la
b
a
m
a.
J
i
mmy
S
tubbs
c
omm
e
nt
e
d,
"W
e
h
a
ve
f
ound
a
c
ommitt
e
d p
ar
tn
e
r
in K
ey
st
o
ne
Ba
nk
a
s we
s
har
e the
s
a
me
vision of
p
r
ovi
d
ing
exce
ll
e
n
c
e
in
c
ommunity
b
a
nki
ng
. Now
a
s p
ar
t of
R
iv
e
r
Ba
nk & T
r
ust, K
ey
stone
Ba
nk
c
li
e
nts will
e
nj
o
y
a
ba
nking home
with the
s
a
me
p
eo
ple
a
nd
c
ommitm
e
nt to s
er
vi
ce
, with the
a
ddition of
mo
r
e
lo
ca
tions, a
br
o
a
d
e
r
s
e
t of
p
r
od
uc
ts
an
d l
ar
g
e
r
cre
dit
ca
p
ac
it
y
. O
u
r
t
ea
m is v
er
y
de
di
ca
t
e
d to the
s
ucce
ss
f
ul int
egra
tion of
our
c
ombin
e
d b
a
nking busin
e
ss."
Ray
Smith st
a
t
e
d,
"
The enti
r
e
st
af
f
of
K
ey
stone B
a
nk is
e
nthusi
a
sti
ca
l
l
y
jo
i
ning
the
Riv
e
r
Ba
nk t
ea
m
a
nd t
oge
th
e
r
we
wi
l
l
c
ontinue
to s
er
ve
our
cu
stom
er
s
a
nd build v
a
lue not on
l
y
f
or
th
e
m, but
f
or
our
e
mpl
oy
e
e
s,
c
o
m
muniti
e
s
a
nd sh
are
hold
er
s."
Riv
e
r
Ba
nk
w
a
s
a
dvis
e
d
i
n this t
ra
ns
ac
tion
b
y
St
ep
h
e
ns
I
n
c
. who
ser
v
e
d
a
s
f
in
a
n
c
i
a
l
a
dviso
r
,
a
nd
J
on
e
s W
a
lk
e
r
LL
P
ac
ti
n
g
a
s the
b
a
n
k'
s le
ga
l
c
oun
se
l. S
a
ndl
e
r
O'Ne
ill +
P
ar
tn
er
s,
L
.P. se
r
v
e
d
as f
in
a
n
c
i
a
l
a
dvisor
to
Keys
tone
Ba
nk,
a
nd B
a
l
c
h
&
B
ingh
a
m
L
L
P is
ac
ti
n
g
as the
b
a
n
k'
s le
ga
l
c
ouns
e
l.
A
b
o
u
t
Riv
e
r
B
a
n
k
&
Tru
st
Founded in 2006
b
y
a
g
r
oup of communi
t
y
lea
d
e
r
s who understood the n
ee
d for a lo
c
al
l
y
ow
n
ed and man
ag
ed
b
ank,
R
iver
B
ank
&
Trust is a full-
se
rvice communi
t
y
b
ank
w
ith two offices in
Montgomer
y,
tw
o
office
s
i
n
Prattville
,
on
e
offic
e
i
n
Wetumpka
,
an
d
on
e
offic
e
i
n
Alexande
r
C
i
ty
,
Alabama.
W
ith total assets of ap
p
ro
x
imate
l
y
$444 million, the compa
ny
's mission is to be a trusted partner
and fr
i
en
d
, helping
ne
ig
hbors
and
t
he businesses in the co
m
munities th
e
y
ser
v
e reach t
h
eir fina
n
cial
g
oa
l
s. For more inf
o
rmation, visit
www.riverbankandtrust.com.
A
b
o
u
t
Ke
ys
t
o
n
e
B
a
n
k
K
ey
stone
Ba
nk
f
i
r
st op
ene
d its doo
r
s in 2007.
S
i
nc
e
th
a
t tim
e
, a
st
r
o
n
g
cor
po
ra
te
c
ultu
r
e
of d
e
di
ca
t
e
d s
er
vi
c
e
to th
e
ir
c
li
e
nts h
a
s h
e
lp
e
d the
ba
nk to
gr
ow t
he
ir
a
ss
e
ts to
$252 million. Th
er
e
ar
e
f
ull
-ser
vi
c
e
K
ey
stone
Ba
nk o
ff
i
ce
s in Aub
ur
n,
Op
e
lika
a
nd
Ga
dsd
e
n, A
la
b
a
m
a
.
1
Forward-Looking Statements
C
er
t
a
in of
the
st
a
t
e
m
e
nts
in this
re
l
ea
se
m
a
y
c
onst
i
tute
f
o
r
w
ard-
looking
st
ate
m
e
nts within the m
ea
ning
o
f
S
ec
tion 27A
of
the
S
ec
u
r
iti
e
s A
c
t
o
f
1
933,
a
s
a
m
e
nd
e
d,
a
nd Se
c
tion 21E of
the S
ec
u
r
iti
e
s E
xc
h
a
nge
A
c
t
of
1934,
a
s
a
m
e
n
de
d. T
h
e
wo
r
ds "
ex
p
ec
t,"
"a
nti
ci
p
a
t
e
,"
"
int
e
nd
,
"
"
pl
a
n
,
"
"
b
e
li
e
v
e,
"
"
should,"
"se
ek,"
"
will,"
"
m
ay,
"
a
nd
"
estim
a
t
e
,"
a
nd simil
a
r
ex
p
re
ssions
ar
e
intende
d
t
o
identif
y
suc
h
forward-lookin
g
statements
,
bu
t
othe
r
statement
s
no
t
base
d
o
n
h
i
s
to
r
i
ca
l in
f
o
r
m
at
ion
m
ay
a
lso
be
c
on
s
id
ere
d
f
o
r
w
ar
d
-
lo
o
k
i
n
g
.
Al
l
for
w
ar
d
-
l
o
o
k
ing
st
a
t
e
m
en
ts
ar
e
su
b
j
ec
t
to
r
i
s
k
s
,
u
n
cer
t
ai
n
t
i
e
s
an
d
o
t
h
e
r
fac
to
r
s
th
a
t
may
ca
u
s
e
act
u
a
l
res
u
l
t
s
,
p
erf
o
r
m
a
n
c
e
or
ach
i
e
v
e
m
ent
s
o
f
an
y
of
the
p
art
i
e
s
t
o
the
m
erge
r
t
o
di
ffe
r
m
a
t
er
i
a
l
l
y
fr
om
an
y
re
su
lt
s, p
erf
o
r
m
a
n
ce
, or
ac
hi
eve
m
e
nts
ex
p
re
ss
e
d or
impli
e
d
b
y
s
u
c
h
f
o
rwar
d
-
looki
n
g
st
ate
m
e
nts. Su
c
h
r
is
k
s
in
c
l
u
d
e
,
wi
t
h
o
u
t
l
im
it
a
t
i
o
n
,
r
i
s
ks
a
nd
u
n
cer
t
ai
n
t
i
e
s
d
e
s
cri
b
e
d
i
n
grea
t
e
r
d
e
t
a
il
u
nd
e
r
"R
i
s
k
Fac
to
r
s"
in
th
e
F
o
r
m
S
-
4
reg
i
s
t
ra
t
i
on st
a
t
e
m
en
t
re
l
at
ing
to
t
he
m
erge
r
an
d
su
b
s
eq
u
en
t
per
i
o
dic
rep
o
rt
s
fi
l
e
d
w
i
th
the
S
ec
u
r
i
t
i
e
s
an
d
Exc
h
a
n
g
e
C
o
m
m
i
s
si
on.
The
f
o
r
w
ar
d
-l
o
o
k
i
ng
s
t
ate
m
en
ts
m
a
de
in
t
h
i
s
p
res
s
re
l
ea
se
ar
e
m
a
de
a
s
of the
d
a
te
o
f
the
re
l
ea
se
an
d
R
i
v
e
r
F
in
a
n
c
i
a
l
Co
r
po
ra
t
i
on
do
e
s
n
o
t
a
s
s
ume
an
y
re
spon
s
i
bi
l
it
y
to
u
pd
a
te th
e
se
st
a
t
e
m
en
ts.
2

EX - 99 . 1 3 ck0001641601 - ex991 _ 6 . htm EX - 99 . 1 ck0001641601 - ex991 _ 6 . htm Exhibit 99 . 1 Press Release River Financial Corporation and Keystone Bancshares , Inc . Complete Merger Pra tt v ill e , AL - Jan u ary 4 , 2016 - River Financial Corporation and Keystone Bancshares , Inc . today announced the completion of the merger of River Bank & Trust and Keystone Bank effective December 31 , 2015 . The announcement was issued by Jimmy Stubbs , President and Chief Executive Officer of River Bank & Trust and Ray Smith , Chief Executive Officer of Keystone Bank . As a result of the merger , Keystone Bank locations in Gadsden , Auburn and Opelika will operate as River Bank & Trust under the leadership of Mr . Stubbs who will serve as Chief Executive Officer and Mr . Smith who will serve as President . The c ombin e d c omp an y h a s a pp r o x im a t el y $ 700 million in a ss e ts a nd nine o ff i c e lo ca tions acr oss ce nt ra l a nd ea st A la b a m a . J i mmy S tubbs c omm e nt e d , " W e h a ve f ound a c ommitt e d p ar tn e r in K ey st o ne Ba nk a s we s har e the s a me vision of p r ovi d ing exce ll e n c e in c ommunity b a nki ng . Now a s p ar t of R iv e r Ba nk & T r ust , K ey stone Ba nk c li e nts will e nj o y a ba nking home with the s a me p eo ple a nd c ommitm e nt to s er vi ce , with the a ddition of mo r e lo ca tions , a br o a d e r s e t of p r od uc ts an d l ar g e r cre dit ca p ac it y . O u r t ea m is v er y de di ca t e d to the s ucce ss f ul int egra tion of our c ombin e d b a nking busin e ss . " Ray Smith st a t e d , " The enti r e st af f of K ey stone B a nk is e nthusi a sti ca l l y jo i ning the Riv e r Ba nk t ea m a nd t oge th e r we wi l l c ontinue to s er ve our cu stom er s a nd build v a lue not on l y f or th e m , but f or our e mpl oy e e s , c o m muniti e s a nd sh are hold er s . " Riv e r Ba nk w a s a dvis e d i n this t ra ns ac tion b y St ep h e ns I n c . who ser v e d a s f in a n c i a l a dviso r , a nd J on e s W a lk e r LL P ac ti n g a s the b a n k ' s le ga l c oun se l . S a ndl e r O ' Ne ill + P ar tn er s , L . P . se r v e d as f in a n c i a l a dvisor to Keys tone Ba nk , a nd B a l c h & B ingh a m L L P is ac ti n g as the b a n k ' s le ga l c ouns e l . A b o u t Riv e r B a n k & Tru st Founded in 2006 b y a g r oup of communi t y lea d e r s who understood the n ee d for a lo c al l y ow n ed and man ag ed b ank , R iver B ank & Trust is a full - se rvice communi t y b ank w ith two offices in Montgomer y , tw o office s i n Prattville , on e offic e i n Wetumpka , an d on e offic e i n Alexande r C i ty , Alabama . W ith total assets of ap p ro x imate l y $ 444 million , the compa ny 's mission is to be a trusted partner and fr i en d , helping ne ig hbors and t he businesses in the co m munities th e y ser v e reach t h eir fina n cial g oa l s . For more inf o rmation , visit www.riverbankandtrust.com . A b o u t Ke ys t o n e B a n k K ey stone Ba nk f i r st op ene d its doo r s in 2007 . S i nc e th a t tim e , a st r o n g cor po ra te c ultu r e of d e di ca t e d s er vi c e to th e ir c li e nts h a s h e lp e d the ba nk to gr ow t he ir a ss e ts to $ 252 million . Th er e ar e f ull - ser vi c e K ey stone Ba nk o ff i ce s in Aub ur n , Op e lika a nd Ga dsd e n , A la b a m a . 1 Forward - Looking Statements C er t a in of the st a t e m e nts in this re l ea se m a y c onst i tute f o r w ard - looking st ate m e nts within the m ea ning o f S ec tion 27A of the S ec u r iti e s A c t o f 1 933 , a s a m e nd e d , a nd Se c tion 21E of the S ec u r iti e s E xc h a nge A c t of 1934 , a s a m e n de d . T h e wo r ds " ex p ec t , " " a nti ci p a t e , " " int e nd , " " pl a n , " " b e li e v e , " " should , " " se ek , " " will , " " m ay , " a nd " estim a t e , " a nd simil a r ex p re ssions ar e intende d t o identif y suc h forward - lookin g statements , bu t othe r statement s no t base d o n h i s to r i ca l in f o r m at ion m ay a lso be c on s id ere d f o r w ar d - lo o k i n g . Al l for w ar d - l o o k ing st a t e m en ts ar e su b j ec t to r i s k s , u n cer t ai n t i e s an d o t h e r fac to r s th a t may ca u s e act u a l res u l t s , p erf o r m a n c e or ach i e v e m ent s o f an y of the p art i e s t o the m erge r t o di ffe r m a t er i a l l y fr om an y re su lt s , p erf o r m a n ce , or ac hi eve m e nts ex p re ss e d or impli e d b y s u c h f o rwar d - looki n g st ate m e nts . Su c h r is k s in c l u d e , wi t h o u t l im it a t i o n , r i s ks a nd u n cer t ai n t i e s d e s cri b e d i n grea t e r d e t a il u nd e r " R i s k Fac to r s " in th e F o r m S - 4 reg i s t ra t i on st a t e m en t re l at ing to t he m erge r an d su b s eq u en t per i o dic rep o rt s fi l e d w i th the S ec u r i t i e s an d Exc h a n g e C o m m i s si on . The f o r w ar d - l o o k i ng s t ate m en ts m a de in t h i s p res s re l ea se ar e m a de a s of the d a te o f the re l ea se an d R i v e r F in a n c i a l Co r po ra t i on do e s n o t a s s ume an y re spon s i bi l it y to u pd a te th e se st a t e m en ts . 2