Bank of Marin Bancorp (BMRC) and American River Bankshares (AMRB) Announce The Signing of a Merger Agreement
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Bank of Marin Bancorp and American River Bankshares Announce The Signing of a Merger Agreement
April 19, 2021 8:15 AM EDTNOVATO, 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... More