American River Bankshares announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. The company reported net income of $890,000, or $0.10 per diluted share for the fourth quarter of 2013 compared to $870,000, or $0.09 per diluted share for the fourth quarter of 2012. Fourth quarter 2013 net interest income was down 2% to $4.6 million from $4.7 million in the fourth quarter of 2012. Income before provision for income taxes was $1,314,000 against $1,001,000 a year ago period. Return on average assets was 0.58% against 0.58% a year ago. Return on average equity was 3.97% against 3.68% a year ago.

For the twelve months ended December 31, 2013, net income was $3.1 million or $0.34 per diluted share, compared to $3.2 million or $0.34 per diluted share for the twelve months ended December 31, 2012. Tangible book value was $8.33 per share at December 31, 2013 compared to $8.31 per share at September 30, 2013 and $8.33 per share at December 31, 2012. Book value per share was $10.25 per share at December 31, 2013 compared to $10.16 per share at September 30, 2013 and $10.08 per share at December 31, 2012. For the twelve months ended December 31, 2013, net interest income decreased 10% to $17.4 million from $19.4 million for the twelve months ended December 31, 2012. Income before provision for income taxes was $4,315,000 against $4,067,000 a year ago period. Return on average assets was 0.52% against 0.55% a year ago. Return on average equity was 3.38% against 3.42% a year ago.

The company had net charge-offs of $221,000 in the fourth quarter of 2013 compared to $153,000 in the fourth quarter of 2012.