American River Bankshares
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- David Ritchie
- Full Time Employees
- 100
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 3100 Zinfandel Dr Ste 450 Rancho Cordova CA United States of America 95670
- IPO Date
- Mar 11, 1994
- CIK
- 0001108236
- Website
- americanriverbank.com
- Similar Companies
- Business
- American River Bankshares operates primarily as a community bank holding company headquartered in Sacramento, California. The company provides a broad range of banking products and services including checking and savings deposits, money market deposit accounts, certificates of deposit, commercial loans, commercial real estate loans, multi-family real estate loans, construction loans for commercial and residential real estate, residential real estate loans, agricultural loans, consumer installment and term loans, as well as business equipment lease financing covering assets from computer software to heavy earth-moving equipment. It serves small and mid-sized businesses along with individual customers primarily in Sacramento, Placer, Sonoma, and Amador counties in California. The company was founded in 1998 and operates its banking services under the name American River Bank. It manages multiple full-service branches in the aforementioned counties. American River Bankshares focuses its lending strongly on real estate and business loans aligned with the economic activities of its regional markets, providing customary banking services tailored to the communities it serves. It also offers online banking services including remote deposit capture, facilitating customer account management digitally. A significant recent development is the acquisition of American River Bankshares by Bank of Marin Bancorp, which was completed in August 2021. The transaction valued at approximately $125 million converted each share of American River Bankshares into 0.575 shares of Bank of Marin common stock. This acquisition expanded Bank of Marin Bancorp's footprint in Northern California, incorporating American River Bank's customer base, employees, and banking venues. Following the merger, Bank of Marin Bancorp increased its assets to nearly $4 billion and expanded its loan and deposit base significantly. This strategic consolidation aimed to enhance regional scale, service capacity, and infrastructural strength. Before the acquisition, American River Bankshares was a publicly traded company on NASDAQ under the ticker AMRB and operated with approximately $800 million in assets, emphasizing community banking with a focus on customer service and local market expertise. The company maintained a strong capital base and profitability while pursuing growth in its banking operations. Overall, American River Bankshares specialized in comprehensive commercial and consumer banking solutions within its regional markets and recently transitioned to operate as part of a larger banking entity through its acquisition by Bank of Marin Bancorp, marking a significant operational and strategic change in its corporate trajectory.
Bank of Marin Bancorp Announces Completion of Acquisition of American River Bankshares
American River (AMRB) Beats Q2 Earnings and Revenue Estimates
American River Bankshares Reports Second Quarter 2021 Results
American River Bankshares Announces its Quarterly Cash Dividend
American River (AMRB) Earnings Expected to Grow: Should You Buy?
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of American River Bankshares - AMRB
American River Bankshares: Grow With The Flow
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates NETE, CADE, EFSC, MFNC, STL, AMRB; Shareholders are Encouraged to Contact the Firm
American River Bankshares Announces its 2021 Annual Meeting Results
American River Bankshares' (AMRB) Shares March Higher, Can It Continue?
American River Bankshares Announces its Quarterly Cash Dividend
American River (AMRB) Surges 21.7%: Is This an Indication of Further Gains?
SHAREHOLDER ALERT: WeissLaw LLP Investigates American River Bankshares
American River (AMRB) Moves to Buy: Rationale Behind the Upgrade
Shareholder Alert: Ademi LLP investigates whether American River Bankshares has obtained a Fair Price in its transaction with Bank of Marin Bancorp.
American River Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of American River Bankshares Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – AMRB
American River (AMRB) Is a Great Choice for "Trend" Investors, Here's Why
AMRB Stock: Over 25% Increase Pre-Market Explanation
Bank of Marin Bancorp and American River Bankshares Announce The Signing of a Merger Agreement
Bank of Marin Bancorp and American River Bankshares Announce the Signing of a Merger Agreement