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History Timeline

Follow the timeline below to see our growth over the years.

A Bank's Journey

Travel along the milestones of Tri Counties Bank’s growth over time.

Time Line

1975
Our First Branch

Black and white photographs of the first branch was a mobile facility with cars outside, taken in 1975

The first branch was a mobile facility which opened on March 11, 1975 at the current Chico Pillsbury branch site. During the following 5 decades, we opened traditional and in-store branches in 28 counties, from the Oregon Border to Bakersfield.


1975
Robert H. Steveson is President/CEO

Black and white framed photograph of Robert Steveson

Mr. Steveson served as President & CEO of Tri Counties Bank from 1975 to 1999. He passed away in 2011.


1975
Asset Growth

1975: 21 Number of employees. $1 million total assets.


1980
New branch: Chico Park Plaza

Seven tri counties bank employees smiling and standing around a desktop computer

The Chico Park Plaza branch opens, which included Headquarters and the Data Center. We also got our first computer!


1981
First Acquisition: Shasta County Bank

A map of norther California showing pins over new expansions

Tri Counties Bank expands to Redding, Burney, Cottonwood, Palo Cedro and Fall River Mills.


October 27, 1981
TriCo Bancshares is Incorporated

A map of northern California showing branches as pins on the map

TriCo Bancshares, a holding company with the Bank as its sole subsidiary, was formed.

1985
Asset Growth

1985: 132 Number of employees. $173 million total assets.


1987
First ATM and Debit Card

Mastercard and Visa debit cards


1990
New Branches

Black and white photograph of bank exeucitves and one man with holding a shovel in the ground

In the 1990s, new branches opened in Yuba City, Bakersfield, Sacramento Arden Fair, Beale Air Force Base and Visalia.


1994
First In-Store Branches

Black and white photograph of Raley's grocery store

Our first in-store branches opened in Red Bluff, Yuba City, Redding, Chico, and Grass Valley.


1994 Country National Bank Merger, 1996 Sutter Buttes Savings Bank Merger

A map of California showing pins on Marysville and Redding

Redding Hilltop and Marysville branches were acquired.


1995
Asset Growth

1995: 230 Number of employees. $603 million total assets.


1997
Online Banking and Call Center Established

A desktop computer and a banking employee using the phone


1998
New Headquarters Building Opens

The new headquarters building opens at 63 Constitution Dr. in Chico.

Our new headquarters building opens at 63 Constitution Dr in Chico.


1999
Rick Smith Becomes President/CEO

A framed color photograph of Rick Smith


2003
17 New Branches

A map of northern California showing pins on new branch locations

Modesto, Paradise, Oroville, Brentwood, North Natomas, Fresno, Chico/Esplanade, Turlock, Woodland, Lincoln, Roseville/Pleasant Grove, Yuba City/Marketplace, Folsom/Empire Ranch, Antelope, Anderson, Elk Grove


2005
Assets Growth

2005: 661 Number of Employees. $1.8 billion total assets.


2010
More Branches Open

Tri counties bank employees wearing red clothes standing outside a local bank branch

New branches open in Bakersfield, Redding, and Colusa


2011
Asset Growth

2011: 755 Number of employees. $2.5 billion total assets.


2012
New Campus Location Opens

Outside the Chico airport complex campus building

Located at the Chico Airport complex, our new Campus location houses information technology, operations, call center and training departments.


2014
North Valley Bank Acquisition

Tri Counties Bank reaches $3.9 billion in assets and over 1,000 employees

With the acquisition of North Valley Bank, Tri Counties Bank reaches $3.9 billion in assets and over 1,000 employees. Added retail branches in Redding, Shasta City, Weaverville, Crescent City, Eureka, Santa Rosa, Ferndale, McKinleyville, Willits, and Hayfork.


2015
40th Anniversary

40 Years of Service 1975-2015

The bank commemorated its 40th anniversary with year round customer, employee, and shareholder celebrations.


2016
Now serving communities from the Oregon border to Bakersfield

A map of California showing pins on all the locations served in 2016

Tri Counties Bank ended 2016 with total assets of $4.5 billion.


2017
Asset Growth

2017: 1,045 Number of employees. $4.7 billion Total assets.


2017
Roseville Corporate Center Opens

The corporate center in Roseville California

Roseville Corporate Center opens as Tri Counties Bank's new regional headquarters.


2018
Tri Counties Bank celebrates 25 years of being listed on Nasdaq.

Rick Smith ringing the opening bell at Nasdaq in New York

Tri Counties Bank executives ring the Nasdaq bell to start the trading day.


2018
First National Bank of Northern California Acquisition

2018: 1,200 number of employees. $6.3 billion total assets.

Tri Counties Bank enters the Bay Area market with this acquisition, creating Northern California's largest community bank network with assets of over $6 billion.


2020-2021
SBA Cares Act
Paycheck Protection Program (PPP)-Round 1

As of September 2020, over 2,900 PPP loans were funded, exceeding $438 million dollars

When the COVID-19 pandemic occurred in the spring of 2020, the Small Business Administration (SBA) Paycheck Protection Program (PPP) was created to help small businesses keep workers employed. As a SBA preferred lender, Tri Counties Bank provided more than 2,900 PPP loans to companies throughout California within a few weeks. When the program was refunded in early 2021, an additional 1,850 loans were origintaed by the bank.


2021
Paycheck Protection Program (PPP)-Round 2

2021 PPP Facts

In January 2021, the Paycheck Protection Program (PPP) reopened with a second round of funding aimed to help small businesses that remained financially impacted by the pandemic.

2022
Valley Republic Bank Acquisition

2022 Facts

Tri Counties Bank acquired four branches in Bakersfield and Delano and became the leading community bank in Kern County.