American Bank Incorporated announced earnings results for the first quarter ended March 31, 2016. For the quarter, net income was $936,000, or $0.15 per diluted share, a decrease of $50,000 from $986,000, or $0.16 per diluted share, for the same period in the prior year. The decrease in net income for the quarter was the result of an increase in net interest income offset by increases in the provision for loan losses and noninterest expense.

Net interest income was $3,656,000, an increase of $215,000 or 6.2%, from the quarter ended March 31, 2015.