On March 27, 2017, American River Bankshares, received a letter from Director Robert J. Fox tendering his resignation as a director, effective as of March 27, 2017. His resignation is effective as to the boards of directors of both the company and its bank subsidiary, American River Bank, as well as each of their respective committees on which he served. The reason for Mr. Fox's resignation is set forth in his letter and is not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices.