January 29, 2010

Conference Call Transcript: 4Q09 Earnings

On January 27, 2010, American River Bankshares (NASDAQ-GS: AMRB) reported net income of $180,000 or $0.03 per diluted share for the fourth quarter of 2009, compared to $1,826,000 or $0.32 per diluted share for the fourth quarter of 2008. For the twelve months ended December 31, 2009, net income was $1,586,000 or $0.26 per diluted share, compared to $7,571,000 or $1.30 per diluted share for the twelve months ended December 31, 2008. The per-share operating results have been adjusted for a 5% stock dividend distributed in December 2008.

“Last year was a very challenging year, and while I can honestly say I am glad that 2009 is behind us, we were still able to accomplish some noteworthy successes, including an 8% increase in deposits and a successful capital raise,” said David Taber, President and CEO of American River Bankshares. “The combination of the increase in deposits and the successful capital raise puts our Company in a very strong liquidity and capital position, which will allow us to take advantage of opportunities in our market as they arise.”  Read the Full PR>>

Attached is a transcript of the conference call.  Due to technical difficulties, an audio recording of the call will not be available. 

October 26, 2009

Call Replay: 3Q09 Earnings

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

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October 22, 2009

AMRB Files Registration for the Offering of Common Stock

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. 

Read the Full PR>>

July 29, 2009

KBW Investor Conference Presentation

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.

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