American Bancorp provides banking on the bayou. Through subsidiary American Bank and Trust, the company operates six bank offices in southern Louisiana. It offers checking and savings accounts, CDs, and loans to area businesses and consumers. Residential and commercial mortgages dominate the company's lending portfolio. Interest from investments in mortgage-backed securities, US Treasuries, municipal bonds, and other securities are another major source of American Bancorp's revenue. Members of the Diesi family, including company chairman Salvador, his uncle J. C. (a director), and CEO Ronald Lashute (Salvador's cousin) are major shareholders of American Bancorp.
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EMPLOYEES (This Site)
EMPLOYEES (All Sites)
- ASSETS (MIL USD) 101
REVENUE (MIL USD)
- TICKER SYMBOL ABNC
- Incorporated 1982
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Ronald J LashutePresident
GEORGE H COMEAUSecretary