AMRB Profile
American River Bankshares (AMRB) is a regional bank holding company based in Rancho Cordova, California, USA. The company operates through its subsidiary, American River Bank, which provides a range of banking products and services to individuals and businesses in Northern California.
American River Bank offers a variety of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit. The bank also provides a range of loan products, including commercial real estate loans, construction loans, lines of credit, and term loans. Additionally, American River Bank offers treasury management services, merchant services, and online banking.
American River Bank had 10 branch locations throughout Northern California. The company was founded in 1983 and has grown through a combination of organic growth and acquisitions.
In terms of financial performance, American River Bankshares reported total assets of approximately $918 million and total deposits of approximately $752 million as of June 30, 2021. The company reported net income of $3.6 million for the second quarter of 2021, which represents a significant increase compared to the same quarter of the previous year. The company's stock is publicly traded on the NASDAQ stock exchange under the ticker symbol AMRB.
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