Trico Bancshares (NASDAQ: TCBK) is a California bank holding company that operates Tri Counties Bank, a California-chartered commercial bank headquartered in Chico, California. The company earns money primarily through net interest income, the spread between interest earned on loans and investments and interest paid on deposits, supplemented by noninterest income from service fees and brokerage and wealth management arrangements. TriCo was incorporated in 1981 and serves personal, small business, and commercial customers across California. For FY2025, the company reported net interest income of $350.8 million, noninterest income of $68.3 million, and net income of $121.6 million, on total assets of roughly $9.9 billion implied by period-end equity and capital ratios. The loan portfolio at December 31, 2025 totaled $7.1 billion, with consumer loans of $1.3 billion (18.5% of loans) and commercial and industrial loans of $464.4 million (6.5% of loans). Brokerage and wealth management services are delivered through an arrangement with Raymond James Financial Services. The company pays a regular dividend, with $1.38 per share paid in FY2025.

Revenue model

Net interest income from loans and deposits (primary), noninterest income from service fees, treasury management, and brokerage and wealth management referral arrangement with Raymond James Financial Services (secondary). FY2025 net interest income: $350.8 million; noninterest income: $68.3 million.

Products and services

Demand, savings, and time deposits; small business, commercial, real estate, and consumer loans; treasury management services; safe deposit boxes; digital and mobile banking; brokerage and wealth management services through Tri Counties Advisors via Raymond James Financial Services.

Customers and end markets

Personal consumers, small businesses, and commercial clients in California. End markets served include manufacturing, real estate development, retail, wholesale, transportation, agriculture, oil and gas, and professional services.

Value-chain role

Direct lender and deposit-taking institution. Makes loans directly to individuals and businesses in California through branches and business lending centers. Wealth management delivered through a third-party broker-dealer arrangement.

Geographic exposure

Operations and customer base primarily in California. A significant majority of loans are secured by California real estate, per the FY2025 10-K.

Source: SEC 10-K, filed 2026-03-02

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