April 21 2016

Call Replay: 1Q16 Earnings

Sacramento, CA, April 21, 2016 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.4 million, or $0.19 per diluted share for the first quarter of 2016 compared to $1.0 million, or $0.12 per diluted share for the first quarter of 2015.

“American River Bankshares continues to achieve growth in EPS, 58% quarter over quarter, as a result of the fundamental strategies we’ve executed, including increasing net interest income, 8% quarter over quarter and a successful stock buyback program,” said David Taber, President and CEO of American River Bankshares. Read More>>

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January 29 2016

Call Replay: 4Q2015 Earnings

Sacramento, CA, January 28, 2016 - American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.5 million, or $0.20 per diluted share for the fourth quarter of 2015 compared to $1.2 million, or $0.15 per diluted share for the fourth quarter of 2014.  For the twelve months ended December 31, 2015, net income was $5.3 million or $0.70 per diluted share, compared to $4.4 million or $0.54 per diluted share for the twelve months ended December 31, 2014.

"We are very proud of what the team accomplished in 2015.  EPS increased 30% as a result of a solid increase in net interest income, a decrease in overhead, and a successful stock buyback," said David Taber, President and CEO of American River Bankshares.  Read More>>

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October 23 2015

Call Replay: 3Q15 Earnings

Sacramento, CA, October 22, 2015 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.5 million, or $0.20 per diluted share for the third quarter of 2015 compared to $1.1 million, or $0.14 per diluted share for the third quarter of 2014.  For the nine months ended September 30, 2015, net income was $3.8 million or $0.50 per diluted share, compared to $3.2 million or $0.39 per diluted share for the nine months ended September 30, 2014.

“Our plan has been to leverage our people, our liquidity and our capital in a drive to regain our top performer status,” said David Taber, President and CEO of American River Bankshares.  “The third quarter provided the strongest evidence to-date of our progress as net loans increased by $14 million, overhead decreased by 3% and EPS increased by 43%.” Read More>>
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July 17 2015

Call Replay: 2Q15 Earnings

Sacramento, CA, July 16, 2015 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.4 million, or $0.18 per diluted share for the second quarter of 2015 compared to $1.0 million, or $0.13 per diluted share for the second quarter of 2014. For the six months ended June 30, 2015, net income was $2.3 million or $0.30 per diluted share, compared to $2.0 million or $0.25 per diluted share for the six months ended June 30, 2014.

“Second quarter results were positively influenced by our fourth consecutive quarter of loan growth and year-to-date increase in core deposits,” said David Taber, President and CEO of American River Bankshares. “Of particular note, was our 4% increase in net interest income and 8% decrease in noninterest expense from one year ago.” Read More >>

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