October 24 2016
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