January 29 2016
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>>