American River Bankshares - American River Bankshares Press Releases

Press Releases

American River Bankshares' last five press releases are listed below. To find a press release during a different time frame, you can search our Archived Press Releases.

David Taber of American River Bankshares to Speak at Financial Services Conference
2/2/2012—David Taber, President and CEO of American River Bankshares, is scheduled to speak at FIG Partners' 3rd Annual West Coast Bank CEO Forum at The Westin St. Francis in San Francisco, CA on Tuesday, February 7th at approximately 2:10 p.m. Pacific Time.
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AMRB Reports Fourth Quarter 2011 Results and a 41% Reduction in Nonperforming Loans for the Year
1/26/2012—AMRB today reported that net income increased 1,235.1% to $1.0 million, or $0.10 per diluted share for the fourth quarter of 2011 compared to $77,000 or $0.01 per diluted share for the fourth quarter of 2010. For the twelve months ended December 31, 2011, net income increased 426.1% to $2.5 million, or $0.25 per diluted share compared to $0.5 million or $0.05 per diluted share for the twelve months ended December 31, 2010. A reduction in the provision for loan and lease losses, due to improving asset quality, and lower expenses contributed to the profitability for both the quarter and the year.
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AMRB Announces Stock Repurchase Program
1/26/2012—AMRB today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2012 (the “2012 Program”). The 2012 Program authorizes the repurchase during 2012 of up to 5% of the outstanding shares of the Company’s common stock, or approximately 494,500 shares based on the 9,890,909 shares outstanding as of January 26, 2012.
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American River Bankshares Schedules its Quarterly Conference Call
1/19/2012—American River Bankshares (NASDAQ-GS: AMRB) today announced that it will host a conference call on Thursday, January 26, 2012 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss fourth quarter 2011 financial results.
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American River Bank Bill Young Memorial Charity Golf Classic Raises $23,000 for AMRB Foundation and Christmas Promise
1/13/2012—American River Bank, a community bank serving the Greater Sacramento Area and Counties of Placer, Sonoma and Amador, today announced it has raised $23,000 through the Bill Young Memorial Charity Golf Classic. All funds will be donated to Christmas Promise, a locally based non-profit organization helping families during the holidays and the American River Bankshares Foundation, a program of American River Bankshares [NASDAQ-GS: AMRB] that annually funds local non-profit organizations that assist women and children. Since 1988, the Bill Young Memorial Golf Classic has raised over $465,000 for these two causes.
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