American Bank Incorporated announced earnings for the first quarter ended March 31, 2014. Net income for the quarter was $1,163,000, or $0.19 per diluted share, an increase of $118,000 from $1,045,000, or $0.17 per diluted share, for the same period in the prior year. The increase in net income for the quarter was the result of an increase in net interest income and non-interest income.

Net interest income for the quarter ended March 31, 2014 was $3,182,000, an increase of $31,000 from the quarter ended March 31, 2013. The increase in net interest income results from an increase of 4 basis points in the net interest margin to 2.60% at March 31, 2014, compared to 2.56% at March 31, 2013.