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Contents

   



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1 History  





2 References  





3 External links  














American River Bank







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From Wikipedia, the free encyclopedia
 


American River Bank

Traded as

Nasdaq: AMRB
IndustryBanking
Founded1983
Defunct2021
HeadquartersSacramento, California

Key people

David E. Ritchie, CEO
Revenue$23,600,000

Number of employees

107
WebsiteAmericanRiverBank.com

American River Bank was a community bank founded in 1983 by Robert H. Daneke, who served as first president and CEO, and Bill L. Withrow, the first Chairman of the Board,[1] and served the Greater Sacramento area in California. As of 2019, It operated ten branches in Northern CA. American River Bank which offered both business and personal financial services and was a wholly owned subsidiary of American River Bankshares.

History

[edit]

American River Bank was founded in Fair Oaks, California by Robert H. Daneke who served as first President and CEO and William Young. 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 2006 with $563.2 million in assets, down 1.8 percent from $573.7 million in 2007.

The company was acquired by Nasdaq-listed Bank of Marin on August 6, 2021, in an all stock deal with American River being delisted from the Nasdaq.[2]

References

[edit]
  1. ^ ¹cite article verifying Bill L. Withrow was the first chairman of the board of American River Bank|title=Fair Oaks “Mayor” Takes Job Seriously |publisher=Sacramento Union |date=Aug. 4, 1983
  • ^ "Bank of Marin Bancorp Announces Completion of Acquisition of American River Bankshares" (Press release). Business Wire. August 9, 2021.[dead link]
  • [edit]
  • t
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  • Retrieved from "https://en.wikipedia.org/w/index.php?title=American_River_Bank&oldid=1192189627"

    Categories: 
    1983 establishments in California
    American companies disestablished in 2021
    American companies established in 1983
    Banks based in California
    Banks disestablished in 2021
    Banks established in 1983
    Companies formerly listed on the Nasdaq
    Bank stubs
    Hidden categories: 
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    This page was last edited on 28 December 2023, at 03:00 (UTC).

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