American River Bankshares (AMRB)

[Hitman970]

Opportunity to buy here

[whytestocks]

News: $AMRB American River Bankshares Reports Fourth Quarter 2018 Results

SACRAMENTO, Calif., Jan. 24, 2019 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1,125,000, or $0.19 per diluted share for the fourth quarter of 2018 compared to a net loss of $392,000, or ($0.06) per diluted share for the fourth quarter of 201...

Read the whole news https://marketwirenews.com/news-releases/american-river-bankshares-reports-fourth-quarter-2018-results-7546946.html

[56Chevy]

Quarterly Report (10-q)

Date : 11/05/2014 @ 2:03PM
Source : Edgar (US Regulatory)
Stock : American River Bankshares (MM) (AMRB)
Quote : $9.41 -0.09 (-0.95%) @ 1:26PM

http://ih.advfn.com/p.php?pid=nmona&article=64302635

-Assets organically grew by almost 4%. Earnings are up for 2014.
P/B is 1.0

FD: I do not own shares of AMRB at this time.

[56Chevy]

Hedge funds play larger role as banks attempt to raise capital

May 24, 2013 *Note: this PR is from 16 months ago but remains relevant since AMRB still hasn't found a buyer.

Sierra Vista raises $1.5M, while investor blasts American River Bank

[....]

Meanwhile, American River Bankshares, parent company of American River Bank, had an entirely different experience with an East Coast investor.

During American River’s first quarter conference call last month, Henchy Enden, a bank analyst with MFP Investors LLC of New York, told the bank its trends were “not going in the right direction in any line item.”

The principal and founder of MFP, Michael Price, owns nearly 2.8 percent of the outstanding shares of American River.

Enden called for the bank to sell itself rather than continue to go on its present course.

http://www.bizjournals.com/sacramento/print-edition/2013/05/24/hedge-funds-big-role-bank-raise-capital.html

[56Chevy]

13D Filing - Amended Statement of Beneficial Ownership sc 13d/a)

Date : 08/19/2014 @ 6:00AM
Source : Edgar (US Regulatory)
Stock : American River Bankshares (MM) (AMRB)
Quote : $9.26 0.0 (0.00%) @ 2:05AM

This group holds a combined 22% ownership stake in the bank.

http://ih.advfn.com/p.php?pid=nmona&article=63302250

Marker:
American River Banks (AMRB)
$9.26 0.0 (0.00%)
Volume: 0

[56Chevy]

American River Bankshares Reports Third Quarter 2014 Results

Sacramento, CA, October 16, 2014 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.1million, or $0.14 per diluted share for the third quarter of 2014 compared to $893,000, or $0.10 per diluted share for the third quarter of 2013. For the nine months ended September 30, 2014, net income was $3.2 million or $0.39 per diluted share, compared to $2.2 million or $0.24 per diluted share for the nine months ended September 30, 2013.

“We are pleased with our 63% increase in earnings per share year over year,” said David Taber, President and CEO of American River Bankshares. “The signs of an improving economy were manifested in our solid growth of core deposits as our business clients continue to increase their liquidity. This has impacted their desire to borrow. We still have a tremendous amount to accomplish in leveraging our deposits, our people and our capital.”

Financial Highlights

•Nonperforming assets (“NPAs”) declined to $7.9 million, or 1.28% of total assets at September 30, 2014, compared to $9.5 million, or 1.60% of total assets at December 31, 2013, and $10.5 million, or 1.74% of total assets a year ago. Other real estate owned (“OREO”) decreased 21.4% to $5.2 million at September 30, 2014, compared to $6.6 million at December 31, 2013, and declined 7.5% compared to $5.6 million one year ago.

•The allowance for loan and lease losses was $5.5 million (2.16% of total loans and leases) at September 30, 2014, compared to $5.3 million (2.08% of total loans and leases) at December 31, 2013 and $5.6 million (2.18% of total loans and leases) one year ago. The allowance for loan and lease losses to nonperforming loans and leases increased to 301.5% at September 30, 2014, from 270.1% at December 31, 2013 and 114.9% one year ago.

•The Company’s subsidiary, American River Bank, remains above the well-capitalized regulatory guidelines. At September 30, 2014, American River Bank’s Leverage ratio was 11.8% compared to 11.9% at December 31, 2013 and 12.5% one year ago; the Tier 1 Risk Based Capital ratio was 21.7% compared to 22.0% at December 31, 2013 and 23.2%one year ago; and the Total Risk Based Capital ratio was 22.9% compared to 23.3% at December 31, 2013 and 24.4% one year ago.

•The third quarter 2014 net interest margin was 3.49%, down from 3.66% for the second quarter of 2014 and up from 3.44% for the third quarter of 2013.

•Shareholders’ equity was $88.2 million at September 30, 2014 compared to $87.0 million at December 31, 2013 and $89.8 million at September 30, 2013. Tangible book value per share was $8.88 at September 30, 2014 compared to $8.33 per share at December 31, 2013 and $8.31 per share at September 30, 2013. Book value per share was $10.90 per share at September 30, 2014 compared to $10.25 per share at December 31, 2013 and $10.16 per share from a year ago.

[....]

https://www.americanriverbank.com/Press-Releases/News134/#.VFMVLk0tB9A

P/TBV is 1.04
P/B is 0.85

Value found!

Marker: *Ihub bid/ask prices and volume data down all day
American River Banks (AMRB)
$9.26 0.0 (0.00%)
Volume: 0

[56Chevy]

Snap-shot view from BankTracker;

http://banktracker.investigativereportingworkshop.org/banks/california/sacramento/american-river-bank/

* Note the bank was never really in big trouble even during the worst part of the financial crisis of 08/09.

[56Chevy]

AMRB Reports a 74% Increase in EPS

Sacramento, CA, April 17, 2014 – American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $1.0 million, or $0.12 per diluted share for the first quarter of 2014 compared to $622,000, or $0.07 per diluted share for the first quarter of 2013.

“First quarter results displayed the steady and consistent progress the American River Bank team has been making in all aspects of our business,” said David Taber, President and CEO of American River Bankshares. “Increases in core deposits and loans contributed to the positive trend in our net interest margin.” Taber continued, “In addition, our successful stock repurchase program and stable expense management resulted in a 74% increase in EPS.”

Financial Highlights

•Nonperforming assets (“NPAs”) declined to $9.4 million, or 1.56% of total assets at March 31, 2014, compared to $9.5 million, or 1.60% of total assets at December 31, 2013, and $13.8 million, or 2.34% of total assets a year ago. Other real estate owned (“OREO”) remained flat at $6.6 million at March 31, 2014, compared to $6.6 million at December 31, 2013, and declined 25.8% compared to $8.9 million one year ago.

•The allowance for loan and lease losses was $5.4 million (2.06% of total loans and leases) at March 31, 2014, compared to $5.3 million (2.08% of total loans and leases) at December 31, 2013 and $5.9 million (2.35% of total loans and leases) one year ago. The allowance for loan and lease losses to nonperforming loans and leases increased to 285.3% at March 31, 2014, from 270.1% at December 31, 2013 and 122.7% one year ago.

•The Company’s subsidiary, American River Bank, remains above the well-capitalized regulatory guidelines. At March 31, 2014, American River Bank’s Leverage ratio was 11.7% compared to 11.9% at December 31, 2013 and 12.7% one year ago; the Tier 1 Risk Based Capital ratio was 21.2% compared to 22.0% at December 31, 2013 and 24.1% one year ago; and the Total Risk Based Capital ratio was 22.5% compared to 23.3% at December 31, 2013 and 25.4% one year ago.

•The first quarter 2014 net interest margin was 3.60%, up from 3.44% for the fourth quarter of 2013 and 3.53% for the first quarter of 2013. Net interest income increased for the third consecutive quarter; increasing from $4.2 million in the first quarter of 2013 to $4.7 million in the first quarter of 2014.

•Shareholders’ equity was $85.9 million at March 31, 2014 compared to $87.0 million at December 31, 2013 and $92.7 million at March 31, 2013. Tangible book value grew 2% from $8.33 per share at December 31, 2013 and 2% from $8.39 per share at March 31, 2013 to $8.53 per share at March 31, 2014. Book value per share increased 3% from $10.25 per share at December 31, 2013 and 3% from $10.18 per share from a year ago to $10.53 per share at March 31, 2014.

* No TARP.

https://www.americanriverbank.com/Press-Releases/News127/#.U7IztP1OWUk

FD: I do not own shares of AMRB at this time.

However I like the bank...it's financially very healthy and Mr. Market has it On Sale priced at just 83% of BV. Banks of this size and financial strength are good acquisition targets in Calif...many of those deals have captured 1.5 ~ 2 X Book Value.

Marker;
American River Banks (AMRB)
$8.74 down -0.34 (-3.74%)
Volume: 3,965

[Penny Roger$]

~ Thursday! $AMRB ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $AMRB ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=AMRB&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=AMRB&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=AMRB
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=AMRB#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=AMRB+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=AMRB
Finviz: http://finviz.com/quote.ashx?t=AMRB
~ BusyStock: http://busystock.com/i.php?s=AMRB&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=AMRB >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

American River Bankshares is a bank holding company. The Company owns 100% of its banking subsidiary, American River Bank, and American River Financial. American River Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC). American River Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. American River Bank accepts checking and savings deposits, offers money market deposit accounts and certificates of deposit, makes secured and unsecured commercial, secured real estate, and other installment and term loans and offers other customary banking services. American River Bank also conducts lease financing for most types of business equipment, from computer software to heavy earth-moving equipment. The Company generates most of its revenue by providing a range of products and services to small and middle-market businesses and individuals.

http://www.google.com/finance?q=AMRB