American Bank Incorporated (OTCID: AMBK), the parent company of American Bank, announced its financial results for the quarter and six months ending June 30, 2025. The company reported a net income of $4.185 million for the quarter, translating to $0.65 per diluted share. This represents an increase of 80.5% compared to $2.319 million, or $0.36 per diluted share, for the same period in 2024. The rise in net income was driven by higher net interest and non-interest income, as well as a release of the allowance for credit losses, partially offset by increased non-interest expenses. Non-interest income for the quarter surged by 253.0% to $1.8 million, primarily due to gains on other real estate owned. Non-interest expense rose by 12.3% to $424,000, attributed to higher salaries and employee benefit costs, professional services, and costs associated with other real estate owned. The bank's operating expense to average asset ratio increased slightly to 1.55% for the quarter from 1.53% in the previous year, maintaining one of the lowest ratios in the country. President and CEO Mark Jaindl expressed confidence in the bank's loan portfolio's health, emphasizing the zero non-accruing loans at quarter-end and the bank's strategic focus on growing both net interest and non-interest income while maintaining strong credit quality. The company did not provide specific future guidance in the report.