American River: 2Q Earnings Snapshot
RANCHO CORDOVA, Calif. (AP) _ American River Bankshares (AMRB) on Thursday reported second-quarter net income of $1.3 million.
The bank, based in Rancho Cordova, California, said it had earnings of 22 cents per share.
The parent company of American River Bank posted revenue of $6.7 million in the period. Its revenue net of interest expense was $6 million, which did not meet Street forecasts.
American River shares have dropped 7.5% since the beginning of the year. The stock has fallen 18% in the last 12 months.