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Monday, October 31, 2011

Americas United Bank Reports $233,000 Profit in the Third Quarter of 2011

Americas United Bank (OTCBB: AUNB) today announced its unaudited 2011 third-quarter results. "The third-quarter results reflect a quarterly operating profit of $233,000 or $0.08 per basic share. Total assets decreased to $102.0 million. The actions taken during the last few months of reducing expenses, exiting selected business lines, decreasing non-core relationships and improving credit quality have resulted in a trend of two successive quarters of profitability. We continue to look forward ...continued
     

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