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    SEC Form SC 13G/A filed

    2/12/21 5:13:57 PM ET
    $AMRB
    Major Banks
    Finance
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    SC 13G/A 1 b40678406a.htm SCHEDULE 13G/A (AMENDMENT #4)



    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G/A

    Under the Securities Exchange Act of 1934
    (Amendment No. 4)*


    American River Bankshares
    (Name of Issuer)

    Common Stock, no par value
    (Title of Class of Securities)

    029326105
    (CUSIP Number)



    December 31, 2020
    (Date of Event which Requires Filing
    of this Statement)



    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    [X]     Rule 13d-1(b)
    [   ]     Rule 13d-1(c)
    [   ]     Rule 13d-1(d)



    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



    CUSIP No. 029326105
    13G
    Page 2  of 9 Pages
    1
    NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Basswood Capital Management, L.L.C.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ☐
    (b) ☒
     
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    Delaware
     
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED
    BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    0
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    0
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    0
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                  ☐
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    0%
    12
    TYPE OF REPORTING PERSON*
     
    IA


    CUSIP No. 029326105
    13G
    Page 3  of 9 Pages
    1
    NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Matthew Lindenbaum
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ☐
    (b) ☒
     
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED
    BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    0
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    0
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    0
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                  ☐
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    0%
    12
    TYPE OF REPORTING PERSON*
     
    IN/HC
     
     


    CUSIP No. 029326105
    13G
    Page 4  of 9 Pages
    1
    NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
    Bennett Lindenbaum
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ☐
    (b) ☒
     
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED
    BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    0
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    0
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    0
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                  ☐
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    0%
    12
    TYPE OF REPORTING PERSON*
     
    IN/HC



    Item 1(a)
    Name of Issuer:
       
     
    American River Bankshares
       
    Item 1(b)
    Address of Issuer's Principal Executive Offices:
       
     
    3100 Zinfandel Drive
     
    Suite 450
     
    Rancho Cordova, CA 95670
       
    Item 2(a)
    Name of Person Filing:
       
     
    The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
       
    Item 2(b)
    Address of Principal Business Office or, if none, Residence:
     
    c/o Basswood Capital Management, L.L.C.
     
    645 Madison Avenue, 10th Floor
     
    New York, NY 10022
       
    Item 2(c)
    Citizenship:
       
     
    The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
       
    Item 2(d)
    Title of Class of Securities:
       
     
    Common Stock, no par value
       
    Item 2(e)
    CUSIP Number:
       
     
    029326105
       
    Item 3
    Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c):
       
     
    The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
       
    Item 4
    Ownership:
       
     
    The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
       
       
    Item 5
    Ownership of Five Percent or Less of a Class:
       
     
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [X].
       
    Item 6
    Ownership of More than Five Percent on Behalf of Another Person:
       
     
    Not Applicable
       
    Item 7
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:
       
     
    See Exhibit 99.1.
       
    Item 8
    Identification and Classification of Members of the Group:
       
     
    Not Applicable
       
    Item 9
    Notice of Dissolution of Group:
       
     
    Not Applicable
       
    Item 10
    Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    [Remainder of page intentionally left blank]




    SIGNATURE

    After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

    Dated:  February 12, 2021


     
    BASSWOOD CAPITAL MANAGEMENT, L.L.C.
           
     
    By:
     /s/ Matthew Lindenbaum
       
    Name:
    Matthew Lindenbaum
       
    Title:
    Managing Member
           
           
           
      /s/ Matthew Lindenbaum
     
    Matthew Lindenbaum, an individual
       
       
           
      /s/ Bennett Lindenbaum
     
    Bennett Lindenbaum, an individual




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