McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced the appointment of Nicolas (Nic) Anderson to the Company's Board of Directors. Bradley Shuster, Chairman of McGrath RentCorp's Board stated: "We are very pleased to welcome Nicolas to our Board. He is not only an accomplished leader with an extensive background as an executive in finance, he also has a strong entrepreneurial background. Nic's experience and perspective will be a valuable complement to McGrath's Board." Mr. Anderson is a founder and Managing Partner of Elm Grove Partners, an entrepreneurial private equity firm focused on control inves

Bank of Marin Bancorp, "BMRC" (NASDAQ:BMRC), parent company of Bank of Marin, "the Bank," today announced the completion of its acquisition of American River Bankshares, "AMRB" (NASDAQ:AMRB), parent company of American River Bank, effective August 6, 2021. BMRC and AMRB held special meetings of shareholders on July 28, 2021 and each company's shareholders have approved the acquisition. Under terms of the agreement, each share of AMRB common stock was converted into the right to receive 0.575 shares of BMRC common stock. The value of the total deal consideration was approximately $125 million, which includes the value of AMRB options being paid in cash by BMRC. Also under the agreement, tw

SACRAMENTO, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $2.4 million, or $0.40 per diluted share for the second quarter of 2021 compared to $1.7 million, or $0.30 per diluted share for the second quarter of 2020. For the six months ended June 30, 2021, net income was $5.0 million or $0.84 per diluted share, compared to $3.2 million or $0.54 per diluted share for the six months ended June 30, 2020. "The second quarter of 2021 was quite active for AMRB; we announced the merger with Bank of Marin Bancorp, worked diligently to help our PPP borrowers have their loans forgiven, and continued to keep our focus on growing the

SACRAMENTO, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) announced its quarterly cash dividend of 7 cents per share ($0.07) payable on August 5, 2021 to shareholders of record on July 28, 2021. The cash dividend is equal to the 7 cents announced on April 22, 2021 and represents the nineteenth cash dividend since the quarterly cash dividend program was reinstated in January of 2017. About American River BanksharesAmerican River Bankshares [NASDAQ-GS: AMRB] is the parent company of American River Bank, a regional bank serving Northern California since 1983. We provide financial expertise and exceptional service to complement a full suite of banking

SACRAMENTO, Calif., May 24, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of American River Bankshares (NASDAQ – GS: AMRB), announced the election of all nine Director nominees at its Annual Meeting held Thursday, May 20, 2021 in Rancho Cordova, California. Shareholders elected Nicolas C. Anderson, Kimberly A. Box, Charles D. Fite, Jeffery Owensby, Julie A. Raney, William A. Robotham, David E. Ritchie, Jr., and Philip A. Wright, as Directors, each of whose current term expired at the 2021 Annual Meeting and their new term will expire in 2022. The shareholders also approved the advisory vote concerning named executive officer compensation and the frequency of future votes for executive

SACRAMENTO, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) announced its quarterly cash dividend of 7 cents per share ($0.07) payable on May 19, 2021 to shareholders of record on May 5, 2021. The cash dividend is equal to the 7 cents announced on January 21, 2021 and represents the eighteenth cash dividend since the quarterly cash dividend program was reinstated in January of 2017. About American River BanksharesAmerican River Bankshares [NASDAQ-GS: AMRB] is the parent company of American River Bank, a regional bank serving Northern California since 1983. We provide financial expertise and exceptional service to complement a full suite of banking p

Strengthens Bank of Marin's Franchise; Expands Footprint Into Greater Sacramento and Amador Markets Bank of Marin Bancorp, "BMRC" (NASDAQ:BMRC), parent company of Bank of Marin, "the Bank," and American River Bankshares "AMRB" (NASDAQ:AMRB), parent company of American River Bank, today announced the signing of a merger agreement. American River Bankshares has ten branches across the Greater Sacramento, Amador and Sonoma County regions, assets of $916.1 million, total deposits of $788.6 million, and total loans of $475.4 million as of March 31, 2021. "This merger brings together two exceptional institutions that share complementary values and disciplined fundamentals," said Russell A. Col

NOVATO, Calif. and SACRAMENTO, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Bank of Marin Bancorp, "BMRC" (NASDAQ:BMRC), parent company of Bank of Marin, "the Bank," and American River Bankshares "AMRB" (NASDAQ:AMRB), parent company of American River Bank, today announced the signing of a merger agreement. American River Bankshares has ten branches across the Greater Sacramento, Amador and Sonoma County regions, assets of $916.1 million, total deposits of $788.6 million, and total loans of $475.4 million as of March 31, 2021. "This merger brings together two exceptional institutions that share complementary values and disciplined fundamentals," said Russell A. Colombo, President and Chief E

SACRAMENTO, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- American River Bankshares (NASDAQ-GS: AMRB) today reported net income of $2.6 million, or $0.45 per diluted share for the first quarter of 2021 compared to $1.4 million, or $0.24 per diluted share for the first quarter of 2020. "Despite the challenges our markets continue to face due to COVID-19, we are optimistic that better days are ahead. The restrictions in our markets are easing and the vaccine distribution is accelerating," said David E. Ritchie, Jr., President and Chief Executive Officer. "This optimism is further accentuated by the increased profitability, deposit growth, and excellent credit quality that we