American River Bankshares (AMRB)

American River Bankshares operates as a bank holding company for American River Bank that provides commercial banking services for small to mid-sized businesses. It offers checking and savings deposits, money market deposit accounts, and certificates of deposits; secured and unsecured commercial, commercial real estate, multi-family real estate, real estate construction, residential real estate, agriculture, and consumer loans; and other customary banking services. In addition, the company conducts lease financing for various types of business equipment, from computer software to heavy earth-moving equipment. As of December 31, 2008, it operated six banking offices in Sacramento and Placer counties, three banking offices in Sonoma County under the name North Coast Bank; and three banking offices in Amador County under the name Bank of Amador American River Bankshares was founded in 1983 and is headquartered in Rancho Cordova, California.

For the nine months ended 30 September 2006, American River Bankshares's interest income increased 17% to $28.3M. Net interest income after loan loss provision increased 4% to $20M. Net income increased 1% to $6.7M. Net interest income reflects higher interest earning assets, partially offset by higher interest on deposits & short term borrowings. Net income was partially offset by higher occupancy charges and increased salaries expenses.