1/26/2017 - AMRB today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2017 (the “2017 Program”). The 2017 Program authorizes the repurchase during 2017 of up to 5% of the outstanding shares of the Company’s common stock, or approximately 333,086 shares based on the 6,661,726 shares outstanding as of December 31, 2016.
1/26/2017 - AMRB today announced that the Board of Directors has declared a quarterly cash dividend on the Company’s common stock in the amount of $0.05 per share, payable on February 22, 2017 to shareholders of record on February 8, 2017.
1/26/2017 - AMRB today reported net income of $1.9 million, or $0.29 per diluted share for the fourth quarter of 2016 compared to $1.5 million, or $0.20 per diluted share for the fourth quarter of 2015. For the twelve months ended December 31, 2016, net income was $6.4 million or $0.94 per diluted share, compared to $5.3 million or $0.70 per diluted share for the twelve months ended December 31, 2015.
American River Bank serves clients throughout Northern California, including Sacramento, Roseville, Santa Rosa, Healdsburg and Jackson (Greater Sacramento Area, Sonoma County, Amador County, San Francisco Bay Area - South Bay, North Bay, and East Bay).
Mailing Address P.O. Box 276300
Sacramento, CA 95827-6300