American Bank Incorporated announced earnings for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income of $1,481,000 or $0.23 per diluted share, an increase from $1,173,000 or $0.19 per diluted share for the second quarter of 2013. The increase in net income was the result of net gains on available for sale securities of $618,000. Net interest income was $3,214,000, a decrease of $30,000 from the quarter ended June 30, 2013.

For the six months, the company reported net income of $2.6 million, or $0.42 per diluted share, an increase of $426,000 from the six months ended June 30, 2013. The primary reason for the increase in net income was gains on sale of available for sale securities of $829,000. Net interest income was $6.4 million, the same as the $6.4 million for the six months ended June 30, 2013.