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5/21/2018 - Sacramento, CA, May 18, 2018 – The Board of Directors of American River Bankshares (NASDAQ – GS: AMRB), announced the election of all nine Director nominees at its Annual Meeting held Thursday, May 17th in Rancho Cordova, California.
Shareholders elected Nicolas C. Anderson, Kimberly A. Box, Charles D. Fite, Jeffery Owensby, William A. Robotham, David E. Ritchie, Jr. Stephen H. Waks, Philip A. Wright, Michael A. Ziegler as Directors, each of whose current term expired at the 2018 Annual Meeting and their new term will expire in 2019.
5/3/2018 - SACRAMENTO, CA May 3, 2018 – American River Bankshares [NASDAQ – GS: AMRB], the parent company of American River Bank, today announced that Dan McGregor has been named Executive Vice President and Chief Credit Officer. McGregor will be responsible for the management of credit evaluation and risk analytics for lending at American River Bank, including underwriting, loan review process and policy and risk management.
5/3/2018 - Sacramento, CA, May 3, 2018 – American River Bankshares [NASDAQ – GS: AMRB], the parent company of American River Bank, a community business bank serving Northern California, today announced that Lisa R. Cisneros has been promoted to Executive Vice President, Retail Banking Manager.
5/3/2018 - Sacramento, CA, April 30, 2018 – American River Bankshares [NASDAQ – GS: AMRB], the parent company of American River Bank, a community business bank serving Northern California, today announced that Marie Crayne has been promoted to Senior Vice President, Credit Administrator.
4/19/2018 - Sacramento, CA, April 19, 2018 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.4 million, or $0.22 per diluted share for the first quarter of 2018 compared to $1.2 million, or $0.18 per diluted share for the first quarter of 2017.
4/19/2018 - Sacramento, CA, April 19, 2018 – American River Bankshares (NASDAQ-GS: AMRB) announced its second quarter cash dividend of 5 cents per share ($0.05) payable on May 16, 2018 to shareholders of record on May 2, 2018.
The cash dividend is equal to the 5 cents declared in the first quarter of 2018 and represents the sixth cash dividend since the quarterly program was reinstated in January of 2017.
Investment Supports Local Economy and Businesses
Rancho Cordova, Calif, April 16, 2018 - The Rancho Cordova City Council voted to invest $5 million each into Five Star Bank and American River Bank in connection with the Responsible Investment for a Stronger Economy (RISE) initiative.
“The decision to invest millions in local banks underscores the City of Rancho Cordova’s commitment to supporting our local economy and businesses,” says Mayor of Rancho Cordova, Linda Budge. “The RISE program is built on the strong presence of local banks in the community, which have been beneficial for the City’s economic growth and development, while also meeting the individual needs of our residents.”
3/23/2018 - Sacramento, CA, March 23, 2018 – The Board of Directors of American River Bankshares (NASDAQ – GS: AMRB) today announced that it has appointed Nicolas Anderson to the American River Bankshares Board. In addition, the Company has also appointed Mr. Anderson to the Board of American River Bank.
“Nic’s successful track record in investment banking and financial services as well as his achievements in innovative digital arenas will add key insights to our Board of Directors,” said David E. Ritchie, Jr., President and CEO of American River Bankshares. “He is a strategic thought leader and his entrepreneurial experience will provide valuable insight and contribution to our Board of Directors.”
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