Detail akcie American Bank online

Business Summary: American Bank Incorporated is a bank holding company of American Bank (the bank). The Bank is a full-service chartered bank and operates an office located in Allentown, Pennsylvania, and a loan production office in Blue Bell, Pennsylvania. The Bank offers a comprehensive menu of deposit and loan products for consumer, business, institutional and governmental customers, including interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts. The Bank is also engaged in mortgage banking activities, which include the origination, purchase and, in certain instances, subsequent sale of residential mortgage loans. The Bank offers online banking services through its AmericanBank Online brand. The Bank subsidiaries include AB Building LLC, which holds real estate, leasehold improvements or other property qualifying as bank premises, and AMBK Services LLC, which pays compensation and benefits for employees of the subsidiary.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2017, American Bank Inc. (PA) interest income increased 10% to $22.1M. Net interest income after loan loss provision increased 17% to $16.6M. Net income before extraordinary items increased 46% to $6.5M. Net interest income after loan loss provision reflects Loans receivable, including fees increase of 6% to $19.3M, Investment securities increase of 49% to $2.4M.