August 2 2017

Call Replay: 2Q17 Earnings

Sacramento, CA, July 20, 2017 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.3 million, or $0.20 per diluted share for the second quarter of 2017 compared to $1.3 million, or $0.19 per diluted share for the second quarter of 2016.  For the six months ended June 30, 2017, net income was $2.5 million or $0.38 per diluted share, compared to $2.7 million or $0.39 per diluted share for the six months ended June 30, 2016. 

 “During the quarter we completed our 2017 Stock Repurchase Plan and continued our cash dividend program,” said David Taber, President and CEO of American River Bankshares.  “Compared to the same quarter last year, we had positive increases in loans, deposits, and Earnings Per Share.”  Taber continued, “We have a good deal of work to do in continuing to build momentum for our franchise.” Read More

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Call Replay: 1Q17 Earnings

Sacramento, CA, April 20, 2017 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.2 million, or $0.18 per diluted share for the first quarter of 2017 compared to $1.4 million, or $0.19 per diluted share for the first quarter of 2016. 

“This quarter included important milestones for the Company,”   said David Taber, President and CEO of American River Bankshares.  “The quarterly cash dividend was resumed along with the announcement of the 5% stock repurchase program, both key indicators of continued success.” Taber continued, “As an organization, we’re committed to profitable growth and increasing efficiency, while continuing to invest in staff and client service.” Read More

 
 
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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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October 24 2016

Call Replay: 3Q16 Earnings

Sacramento, CA, October 20, 2016 - American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.8 million or $0.27 per diluted share for the third quarter of 2016 compared to $1.5 million or $0.20 per diluted share for the third quarter of 2015.  For the nine months ended September 30, 2016, net income was $4.5 million or $0.66 per diluted share, compared to $3.8 million or $0.50 per diluted share for the nine months ended September 30, 2015.

"The entire American River Bank team is focused on profitable growth.  This quarter was very productive, with continued loan growth and solid core deposit growth," says David Taber, President and CEO of American River Bankshares.  He went on to say, "We are proud to report a 32% increase in EPS."  Read More

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