In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), American River Bankshares (NASDAQ:AMRB) reported that Maltese Capital Management Llc. has picked up 440,709 of common stock as of 2017-03-30.

The acquisition brings the aggregate amount owned by Maltese Capital Management Llc. to a total of 440,709 representing a 6.60% stake in the company.

For those not familiar with the company, American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services. The Bank also conducts lease financing for various types of business equipment, from computer software to heavy earth-moving equipment. It serves various communities located in Sacramento, Placer, Yolo, El Dorado, Sonoma and Amador counties. It also serves Alameda, Contra Costa and Santa Clara Counties through loan production offices located in the Cities of San Jose and San Ramon. Its loans include real estate construction loans; lease financing receivable; agriculture loans, and consumer loans.

A glance at American River Bankshares (NASDAQ:AMRB)’s key stats reveals a current market capitalization of 98.93 Million based on 6.68 Million shares outstanding and a price at last close of $14.85 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-03, Owensby picked up 3,310 at a purchase price of $15.14. This brings their total holding to 3,310 as of the date of the filing.

On the sell side, the most recent transaction saw Taber unload 78 shares at a sale price of $12.25. This brings their total holding to 151,692.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on American River Bankshares (NASDAQ:AMRB) as things move forward to see if its progress aligns with these transactions.

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