January 27 2017

Call Replay: 4Q16 Earnings

Sacramento, CA, January 26, 2017 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.9 million, or $0.29 per diluted share for the fourth quarter of 2016 compared to $1.5 million, or $0.20 per diluted share for the fourth quarter of 2015.  For the twelve months ended December 31, 2016, net income was $6.4 million or $0.94 per diluted share, compared to $5.3 million or $0.70 per diluted share for the twelve months ended December 31, 2015.

“We are very proud of what the team accomplished in 2016.  EPS increased 34% as a result of profitable growth, a decrease in overhead, a negative provision for loan loss, and a successful stock buyback,” said David Taber, President and CEO of American River Bankshares. Read More

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July 21 2016

Call Replay: 2Q16 Earnings

Sacramento, CA, July 21, 2016 - American River Bankshares (NASDAQ-GS:  AMRB) today reported net income of $1.3 million, or $0.19 per diluted share for the second quarter of 2016 compared to $1.4 million, or $0.18 per diluted share for the second quarter of 2015.  For the six months ended June 30, 2016, net income was $2.7 million or $0.39 per diluted share, compared to $2.3 million or $0.30 per diluted share for the six months ended June 30, 2015.

"Second quarter highlights include a $12.9 million, or 18.0% annualized, increase in loans and a year-to-date increase in earnings per share of 30%," said David Taber, President and CEO of American River Bankshares.  "The increase in EPS is a direct result of the increase in net income and the successful stock repurchase programs including the acquisition of another 5% of the Company's outstanding shares during the quarter."  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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