American Bank Q3 net income jumps 32% to $4.34 million; net interest income climbs 21% to $8.83 million

Bitget2026/10/09 15:13

American Bank posted Q3 net income of $4.34 million, up 32% from the year-ago quarter; diluted EPS rose to $0.68. Net interest income climbed 21% to $8.83 million, while net interest margin widened 29 basis points to 3.20%. Provision for credit losses was $217,000, versus an $11,000 allowance release a year earlier; non-accruing loans held at 0%. Non-interest income fell 54% to $579,000, and non-interest expense dropped 17% to $3.7 million. Total assets rose 12% to $1.16 billion, and net loans increased 9%; Mark Jaindl cited record quarterly net income and continued loan growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Bank Inc. published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.

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American Bank posted Q3 net income of $4.34 million, up 32% from the year-ago quarter; diluted EPS rose to $0.68.
Net interest income climbed 21% to $8.83 million, while net interest margin widened 29 basis points to 3.20%.
Provision for credit losses was $217,000, versus an $11,000 allowance release a year earlier; non-accruing loans held at 0%.
Non-interest income fell 54% to $579,000, and non-interest expense dropped 17% to $3.7 million.
Total assets rose 12% to $1.16 billion, and net loans increased 9%; Mark Jaindl cited record quarterly net income and continued loan growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Bank Inc. published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Bank Q3 net income jumps 32% to $4.34 million; net interest income climbs 21% to $8.83 million

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