American River Bankshares Announces Stock Repurchase Program of up to 5% of Outstanding Shares

American River Bankshares

today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2012. The 2012 Program authorizes the repurchase during 2012 of up to 5% of the outstanding shares of the Company's common stock, or approximately 494,500 shares based on the 9,890,909 shares outstanding as of January 26, 2012.