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American Bank in Allentown PHOTO/FILE
American Bank reports record year
Stacy Wescoe//January 15, 2026//
Listen to this articleAllentown’s American Bank Inc., the parent company of American Bank, on Thursday announced that it had record quarterly and annual earnings for the quarter and year ended Dec. 31.
According to a press release, net income for the quarter was $3.686 million or 58 cents per diluted share, an increase of $483,000 or 15.1% from $3.203 million or 51 cents per diluted share for the fourth quarter of 2024.
The bank said the increase in net income for the quarter was primarily attributable to increases in net interest income and non-interest income, partially offset by increases in the provision for credit losses and non-interest expense.
Total assets increased $90.9 million or 9.2% to $1.078 billion as of December 31,2025 compared to $986,677 million as of December 31, 2024.
Cash and cash equivalents decreased $24.7 million or 35.7% to $44.5 million from $69.2 million from December 31, 2024.
Investment securities available-for-sale increased $73.8 million or 119.7%, and net loans increased $41.2 million or 5.2% from December 31, 2024. The Company experienced strong organic loan growth, especially in commercial lending, which was funded by significant deposit growth. Total deposits increased $102.1 million or 12.9% from December 31, 2024, while total borrowings decreased $17.5 million or 23.1%.
President and CEO Mark Jaindl commented on the results.
“Our record fourth quarter results capped off an exceptional year for American Bank, reflecting the continued disciplined execution of our overall strategic plans,” Jaindl said. “Strong commercial loan demand, meaningful deposit growth, and continued expansion of our net interest margin drove solid earnings and profitability in 2025. As we grow beyond $1 billion in total assets, we remain focused on risk management, relationship-based banking and delivering long-term value for both our customers and shareholders.”
