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American Bank reports record year
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American Bank reports record year
Allentown’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 f…
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