American Bank Incorporated reported earnings results for the first quarter ended March 31, 2013. Net income for the quarter was $1,045,000, or $0.17 per diluted share, a decrease of $196,000 from $1,241,000, or $0.20 per diluted share, for the same period in the prior year. The decrease in net income for the quarter was the result of a decrease in net interest income and non-interest income with increases in the provision for loan losses and non-interest expenses.

Net interest income was $3,152,000, a decrease of $108,000 from the quarter ended March 31, 2012. The decrease in net interest income results from a decrease of 14 basis points in the net interest margin to 2.56% at March 31, 2013, compared to 2.70% at March 31, 2012.