4/21/2016 - AMRB today announced that the Board of Directors has approved an increase to the Stock Repurchase Program for 2016. The increase authorizes the repurchase of up to an additional 5% of the outstanding shares of the Company’s common stock for the fiscal year ended December 31, 2016, or approximately 349,715 shares based on the 6,994,300 shares outstanding as of March 31, 2016.
1/28/2016 - 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.
1/21/2016 - AMRB today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2016, which authorizes the repurchase of up to 5% of the outstanding shares of the Company’s common stock, or approximately 367,182 shares based on the 7,343,649 shares outstanding as of December 31, 2015.
American River Bank serves clients throughout Northern California, including Sacramento, Roseville, Santa Rosa, Healdsburg, Jackson, Pleasanton and San Jose (Greater Sacramento Area, Sonoma County, Amador County, San Francisco Bay Area - South Bay, North Bay, and East Bay).