American River Bankshares (NASDAQ:AMRB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
(d) (1) On December 22, 2016, the Registrant filed a Form 8-K with the Securities and Exchange Commission announcing that it had appointed Jeffery Owensby as a director. At that time, Mr. Owensby had not yet been assigned to any committee(s). Effective January 18, 2017 Mr. Owensby will be a member of the Finance & Capital Committee and the Compensation Committee. This amendment lists the committee assignment in (d) (3) below.
(2) Not Applicable.
(3) Effective January 18, 2017, Mr. Owensby has been appointed to the Finance & Capital Committee and the Compensation Committee.
(4) Not Applicable.
(5) Not Applicable.
About American River Bankshares (NASDAQ:AMRB)
American River Bankshares is a bank holding company. The Company’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. It serves various communities located in Sacramento, Placer, Yolo, El Dorado, Sonoma and Amador counties. It 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 Bankshares (NASDAQ:AMRB) Recent Trading Information
American River Bankshares (NASDAQ:AMRB) closed its last trading session up +0.14 at 14.89 with 4,216 shares trading hands.