American Bank Incorporated reported earnings results for the quarter ended March 31, 2017. Net income for the quarter was $1,297,000, or $0.20 per diluted share, an increase of $361,000 or 38.6% from $936,000, or $0.15 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 a decrease in the provision for loan losses. Return on assets for the quarter ended March 31, 2017 increased to 0.94% from 0.67% for the same period in 2016. Return on equity for the quarter ended March 31, 2017 increased to 10.24% from 7.87% for the same period in 2016. Net interest income for the quarter ended March 31, 2017 was $3,929,000, an increase of $273,000 or 7.5%, from the quarter ended March 31, 2016. Net interest margin increased 24 basis points to 3.00% at March 31, 2017 as compared to 2.76% at March 31, 2016.