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American River Bank

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American River Bank
Company typePublic company
NasdaqAMRB
Russell Microcap Index component
IndustryBanking
Founded1983
HeadquartersSacramento, California
Key people
David E. Ritchie, CEO
Revenue$23,600,000
Number of employees
107
WebsiteAmericanRiverBank.com

American River Bank is a community bank founded in 1983, by Robert H. Daneke, who served as first president and CEO, and serves the Greater Sacramento area in California. As of 2019, It operates ten branches in Northern CA. American River Bank which offers both business and personal financial services and is a wholly owned subsidiary of American River Bankshares.

History

American River Bank was founded in Fair Oaks, California by Robert H. Daneke who served as first President and CEO. Throughout its history it acquired several banks, such as the North Coast Bank, Bank of Amador, as well as the Placer Bank of Commerce. In October 2005, it opened up its sixth branch located in Rancho Cordova, California. The bank ended last year with $563.2 million in assets, down 1.8 percent from $573.7 million in 2007.