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American River Bank Company News

 
American River Bankshares Reports Fourth Quarter 2017 Results
1/26/2018Sacramento, CA, January 25, 2018 – American River Bankshares (NASDAQ-GS: AMRB) today reported a net loss of $392,000, or ($0.06) per diluted share for the fourth quarter of 2017 compared to net income of $1.9 million, or $0.29 per diluted share for the fourth quarter of 2016.  For the twelve months ended December 31, 2017, net income was $3.2 million or $0.50 per diluted share, compared to $6.4 million or $0.94 per diluted share for the twelve months ended December 31, 2016.
American River Bankshares Announces a 5% Stock Repurchase Program for 2018
1/26/2018Sacramento, CA, January 25, 2018 – American River Bankshares (NASDAQ-GS: AMRB) today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2018 (the “2018 Program”). The 2018 Program authorizes the repurchase during 2018 of up to 5% of the outstanding shares of the Company’s common stock, or approximately 306,618 shares based on the 6,132,362 shares outstanding as of December 31, 2017.  
American River Bankshares Announces its First Quarter Cash Dividend and Quarterly Conference Call
1/18/2018—American River Bankshares (NASDAQ-GS: AMRB) today announced its first quarter cash dividend of 5 cents per share ($0.05) payable on February 14, 2018 to shareholders of record on January 31, 2018.  
American River Bank Foundation Donates $150,000 to Nonprofit Organizations
1/10/2018—American River Bank today announced that the American River Bank Foundation will be awarding $150,000 to 20 nonprofit organizations in Northern California.    
American River Bank Announces Departure of Chief Credit Officer
1/5/2018SACRAMENTO, Calif, Jan. 5, 2018 – American River Bank and American River Bankshares [NASDAQ-GS: AMRB] today announced that Loren Hunter, who has served American River Bank as Executive Vice President & Chief Credit Officer since 2014, is stepping down from his position.