American Business Bank announced unaudited consolidated earnings results for the year ended December 31, 2015. For the year, total interest income was $45,346,000 against $42,424,000 a year ago. Net interest income was $43,995,000 against $40,892,000 a year ago.

Pre-tax income was $16,179,000 against $16,558,000 a year ago. Net income was $12,120,000 against $11,460,000 a year ago. Core net income was $11,064,000 against $10,656,000 a year ago.

Earnings per share - basic were $2.02 against $1.93 a year ago. Earnings per share ‘core' – basic were $1.85 against $1.79 a year ago. Return on average assets (ROAA) was 0.77% against 0.80% a year ago.

Return on average equity (ROAE) was 9.63% against 10.49% a year ago. Return on Average Assets ‘CORE' (ROAA) was 0.70% against 0.75% a year ago. Return on average equity ‘CORE' (ROAE) was 8.79% against 9.75% a year ago.

Book value per share was $21.85 against $20.07 a year ago. Tangible book value per share was $21.85 against $20.07 a year ago.