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>>

00:0000:00

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>>
00:0000:00

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 >>

00:0000:00

April 17 2015

Call Replay: 1Q15 Earnings

Sacramento, CA, April 16, 2015 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $956,000, or $0.12 per diluted share for the first quarter of 2015 compared to $1.0 million, or $0.12 per diluted share for the first quarter of 2014.

“First quarter results are consistent with our Company’s objective to more effectively leverage our deposits, our people and our capital,” said David Taber, President and CEO of American River Bankshares. “Adding perspective to this effort is the three consecutive quarters of growth in net loans and the completion of our 2015 stock repurchase program.” Read More >>

00:0000:00
« Older episodes ·