Feed on
Posts

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>>

00:0000:00

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>>

00:0000:00

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 >>

00:0000:00