UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

  

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

  

Date of Report (Date of earliest reported)                     January 21, 2015                    

 

American River Bankshares

 

(Exact name of registrant as specified in its chapter)

 

California

 

 

0-31525

 

 

68-0352144

(State or other jurisdiction Of incorporation)   (Commission File Number)       (IRS Employer Identification No.)

 

3100 Zinfandel Drive, Suite 450, Rancho Cordova, California                                         95670  
(Address of principal executive offices)                (Zip Code)               

 

Registrant’s telephone number, including area code                                             (916) 851-0123  

  

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

£ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

£ Solicitation material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

Page 1 of 3 Pages

 

The Index to Exhibits is on Page 3

 
 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On January 21, 2015, the registrants made changes to the American River Bankshares Deferred Compensation Plan (the “First Amendment”) to clarify certain provisions of the Plan.

 

The foregoing description is qualified by reference to the Plan attached as Exhibit 99.1.

  

Item 9.01. Financial Statements and Exhibits.

 

(c)            Exhibits

 

(99.1)       First Amendment to the American River Bankshares Deferred Compensation Plan.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  AMERICAN RIVER BANKSHARES
   
  / s / Mitchell A. Derenzo
January 22, 2015 Mitchell A. Derenzo, Chief Financial Office

 

Page 2 of 3 Pages

 
 
  INDEX TO EXHIBITS   
     
Exhibit No. Description Page
     
99.1 First Amendment to the American River Bankshares Deferred Compensation Plan  

 

Page 3 of 3 Pages

 

 

EXHIBIT 99.1

 

FIRST AMENDMENT

TO THE

AMERICAN RIVER BANKSHARES

DEFERRED COMPENSATION PLAN

 

WHEREAS, American River Bankshares (“Employer”) previously established the American River Bankshares Deferred Compensation Plan (“Plan”);

 

WHEREAS, the Employer has the authority to amend the Plan; and

 

WHEREAS, the Employer desires to amend the Plan in certain respects;

 

NOW THEREFORE, the Employer hereby amends the Plan, effective June 26, 2013, as follows:

 

FIRST: The definition of Spouse in Section 1.24 of the Plan is amended and restated in its entirety, to read as follows:

 

1.24 “Spouse” means the person who is legally married to the Participant under the laws of a state or other jurisdiction as of any relevant date, as evidenced by a valid marriage certificate or other proof acceptable to the Employer. This includes married individuals of the same sex, even if the married couple resides in a state that does not recognize the validity of same sex marriages.

 

IN ALL OTHER RESPECTS, the Plan is hereby ratified and approved.

 

This Amendment is adopted this 21st day of January, 2015.

 

  AMERICAN RIVER BANKSHARES
   
  By: /s/ Stephen H. Waks
     
  Title:    Corporate Secretary