January 29, 2010
Conference Call Transcript: 4Q09 Earnings
Attached is a transcript of the conference call. Due to technical difficulties, an audio recording of the call will not be available.
Attached is a transcript of the conference call. Due to technical difficulties, an audio recording of the call will not be available.
On Thursday, October 22, 2009, American River Bankshares (NASDAQ-GS: AMRB) reported net income of $827,000 or $0.14 per diluted share for the third quarter of 2009, compared to $1,931,000 or $0.33 per diluted share for the third quarter of 2008. For the nine months ended September 30, 2009, net income was $1,406,000 or $0.24 per diluted share, compared to $5,745,000 or $0.98 per diluted share for the nine months ended September 30, 2008.
“We’re excited about the opportunities that our Company is seeing in the marketplace and that is reflected in this quarter’s growth in deposits,” said David Taber, President and CEO of American River Bankshares. “We’ve been successful in focusing our front line employees on providing excellent client service and as a result, it has given them the confidence to continue to bring in new relationships.” Read the Full PR
On October 21, 2009, AMRB announced that it has filed a registration statement with the Securities and Exchange Commission for the offering of $22 million of its common stock.
David Taber, President and CEO of American River Bankshares, recently spoke at the Keefe, Bruyette & Woods (KBW) 10th Annual Community Bank Investor Conference in New York City on Wednesday, July 29, 2009.
A replay of the presentation is available at http://www.kbw.com/news/conferences.html and attached below. It will be available for 60 days following the presentation.