On April 16, 2009, David T. Taber, President and CEO, and Mitchell A. Derenzo, Executive Vice President and Chief Financial Officer, both of American River Bankshares, held a live forty-five minute presentation and Q&A to discuss first quarter 2009 financial results.

American River Bankshares today reported diluted earnings per share (”EPS”) for the first quarter of 2009 of $0.22, compared to the $0.31 recorded in the first quarter of 2008. Diluted EPS has been adjusted for a 5% stock dividend distributed in December 2008. Net income for the first quarter of 2009 decreased $550,000 (30.0%) to $1,283,000 from $1,833,000 for the first quarter of 2008.

“Holding our own is the best way to describe our first quarter,” said David Taber, President and CEO of American River Bankshares. “The message of ‘consistency builds value’ and our ability to be profitable in good times and bad is as relevant today, as ever.”  Read the Press Release>>

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