American River Bankshares reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net income of $1,028,000 or fully diluted earnings per share of $0.10 compared to net income of $77,000 or $0.01 per diluted share for the same period a year ago. Net interest income was $5,243,000 against $5,396,000 a year ago. Interest income was $5,808,000 against $6,175,000 a year ago. Income before provision for income taxes was $1,647,000 against loss before provision for income taxes of $108,000 a year ago. Return on average assets was 0.70%, return on average equity was 4.38% and return on average tangible equity was 5.32% compared to the return on average assets of 0.05%, return on average equity of 0.34% and return on average tangible equity of 0.42%, for the same period a year ago. For the year, the company reported net income of $2,504,000 or $0.25 per diluted share, compared to net income of $476,000 or $0.05 per diluted share for the same period a year ago. Net interest income was $21,591,000 against $22,256,000 a year ago. Interest income was $24,199,000 against $25,706,000 a year ago. Income before provision for income taxes was $3,773,000 against $225,000 a year ago. Return on average assets was 0.43%, return on average equity was 2.74% and return on average tangible equity of 3.35% compared to a return on average assets of 0.08%, return on average equity of 0.53% and return on average tangible equity of 0.66% for the same period a year ago. At December 31, 2011, tangible book value grew 6% to $7.85 per share, and book value per share increased 5% to $9.51 per share from a year ago.