American Bank Incorporated (AMBK)

American Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2016
Interest Income on Loans	42.74	34.58	26.75	26.4	18.2
Interest Income on Investments	3.93	4.54	3.5	0.97	2
Total Interest Income	46.67	39.13	30.26	27.37	20.2
Interest Paid on Deposits	19.97	12.46	3.8	3.11	2.25
Interest Paid on Borrowings	3.36	3.74	2.87	2.62	2.88
Total Interest Expense	23.33	16.2	6.67	5.73	5.13
Net Interest Income	23.34	22.93	23.59	21.64	15.07
Net Interest Income Growth (YoY)	1.81%	-2.81%	9.00%	43.64%	9.99%
Gain (Loss) on Sale of Assets	0.24	-	-	-	-
Gain (Loss) on Sale of Investments	-	-0.02	0.11	0.2	0
Other Non-Interest Income	2.16	1.78	1.5	1.77	0.79
Total Non-Interest Income	2.4	1.77	1.74	2.44	0.96
Non-Interest Income Growth (YoY)	35.63%	1.43%	-28.42%	152.59%	-0.41%
Revenues Before Loan Losses	25.74	24.69	25.33	24.08	16.03
Provision for Loan Losses	0.21	-0.16	0.39	0.52	0.95
Revenue	25.52	24.85	24.94	23.55	15.08
Revenue Growth (YoY)	2.70%	-0.36%	5.89%	56.15%	6.17%
Salaries and Employee Benefits	7.4	6.92	6.72	6.21	4.35
Occupancy Expenses	1.27	1.21	0.64	0.64	0.3
Federal Deposit Insurance	0.4	0.41	0.26	0.2	0.27
Selling, General & Administrative	2.19	2.07	1.81	1.64	2.17
Other Non-Interest Expense	3.02	2.6	2.83	2.16	1.5
Total Non-Interest Expense	14.28	13.2	12.25	10.84	8.59
EBT Excluding Unusual Items	11.25	11.66	12.69	12.71	6.5
Pretax Income	11.25	11.66	12.69	12.71	6.5
Income Tax Expense	2.23	2.35	2.58	2.61	2.06
Net Income	9.02	9.31	10.12	10.1	4.44
Net Income to Common	9.02	9.31	10.12	10.1	4.44
Net Income Growth	-3.18%	-7.94%	0.12%	127.34%	10.14%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	7	7	7	6	7
Shares Change (YoY)	-0.62%	1.39%	4.68%	-8.21%	-
EPS (Basic)	1.44	1.48	1.63	1.82	0.79
EPS (Diluted)	1.38	1.42	1.57	1.68	0.71
EPS Growth	-2.62%	-9.43%	-6.69%	136.98%	9.23%
Dividend Per Share	0.560	0.560	0.520	0.480	0.360
Dividend Growth	-	7.69%	8.33%	33.33%	28.57%
Effective Tax Rate	19.84%	20.12%	20.31%	20.52%	31.62%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.