American River Bkshs
NASDAQ:AMRB (8/6/2021, 7:00:36 PM)
20.91
+0.41 (+2%)
American River Bankshares operates as a bank holding company, which engages in financial services. The company is headquartered in Rancho Cordova, California and currently employs 95 full-time employees. The firm's banking subsidiary is American River Bank (the Bank). The Bank's primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services. The Bank also conducts lease financing for various types of business equipment, from computer software to heavy earth-moving equipment. The company serves various communities located in Sacramento, Placer, Yolo, El Dorado, Sonoma and Amador counties. The company also serves Alameda, Contra Costa and Santa Clara Counties through loan production offices located in the Cities of San Jose and San Ramon. Its loans include real estate construction loans; lease financing receivable; agriculture loans, and consumer loans.
American River Bkshs
3100 Zinfandel Dr Ste 450
Rancho Cordova CALIFORNIA 95670
P: 19162316723.0
CEO: David E. Ritchie
Employees: 95
Website: https://www.americanriverbank.com/
American River (AMRB) delivered earnings and revenue surprises of 34.29% and 0.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
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