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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