July 17 2015
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 >>