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American River Bank Company News

 
American River Bankshares Reports Third Quarter 2018 Results
10/18/2018Sacramento, CA, October 18, 2018 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.2 million, or $0.20 per diluted share for the third quarter of 2018 compared to $1.1 million, or $0.17 per diluted share for the third quarter of 2017.  For the nine months ended September 30, 2018, net income was $3.8 million or $0.64 per diluted share, compared to $3.6 million or $0.55 per diluted share for the nine months ended September 30, 2017.
American River Bankshares Announces its Fourth Quarter Cash Dividend
10/18/2018Sacramento, CA, October 18, 2018 – American River Bankshares (NASDAQ-GS: AMRB) announced its fourth quarter cash dividend of 5 cents per share ($0.05) payable on November 14, 2018 to shareholders of record on October 31, 2018.  The cash dividend is equal to the 5 cents declared in the third quarter of 2018 and represents the eighth cash dividend since the quarterly program was reinstated in January of 2017.   
American River Bankshares Schedules its Quarterly Conference Call
10/11/2018SACRAMENTO, CA, October 11, 2018  – American River Bankshares (NASDAQ-GS: AMRB) today announced that it will host a conference call on Thursday, October 18, 2018  at 1:30 p.m. Pacific Time to discuss third quarter 2018 financial results.   David E. Ritchie, Jr., President and Chief Executive Officer, and Mitchell A. Derenzo, Executive Vice President and Chief Financial Officer, both of American River Bankshares, will lead a live presentation and answer analysts’ questions.  
American River Bankshares Announces its Third Quarter Cash Dividend
7/19/2018Sacramento, CA, July 19, 2018 – American River Bankshares (NASDAQ-GS: AMRB) announced its third quarter cash dividend of 5 cents per share ($0.05) payable on August 15, 2018 to shareholders of record on August 1, 2018.  The cash dividend is equal to the 5 cents declared in the second quarter of 2018 and represents the seventh cash dividend since the quarterly program was reinstated in January of 2017.   
American River Bankshares Reports Second Quarter 2018 Results
7/19/2018Sacramento, CA, July 19, 2018 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.3 million, or $0.22 per diluted share for the second quarter of 2018 compared to $1.3 million, or $0.20 per diluted share for the second quarter of 2017.  For the six months ended June 30, 2018, net income was $2.6 million or $0.44 per diluted share, compared to $2.5 million or $0.38 per diluted share for the six months ended June 30, 2017. “During the quarter we began to see the results of the hard work from our new lending team,” said David E. Ritchie, Jr., President and CEO of American River Bankshares.  “While we experienced a decrease in loans outstanding due to higher than usual loan payoffs, we did record $30 million in new loan commitments during the quarter and included in that total was $8 million in commercial loans.”  Ritchie continued, “Of the $30 million in commitments, $13 million funded in the second quarter and it is anticipated that many of these remaining commitments will begin funding in the third quarter of 2018.”