American Bank Inc. reported net income of $3.30 million for the third quarter ended September 30, 2025, an increase of 104.6% from $1.61 million in the same period in 2024. Net interest income and non-interest income both contributed to the increase, along with a release of the allowance for credit losses. The release was linked to a decline in non-performing loans, which fell to 0.00% of total loans at September 30, 2025, compared to 0.40% at September 30, 2024. Non-interest income rose to $1.27 million for the quarter, up 160.8% from $487,000 in the previous year, primarily due to gains on other real estate owned and higher income from commercial loan interest rate swaps. Non-interest expense increased by 27.8% to $4.5 million, mainly due to higher salaries, employee benefits, professional services, and real estate related costs. The operating expense to average asset ratio increased to 1.72% from 1.52% in the prior year's quarter. Income tax expense for the first nine months of 2025 increased by 73.6% to $2.6 million, with an effective tax rate of 20.1%, up from 19.7% in the same period of 2024. The company reported being "well capitalized" under regulatory capital standards.