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AMERICAN BANK OF CONNECTICUT REPORTS RESULTS

 AMERICAN BANK OF CONNECTICUT REPORTS RESULTS
 WATERBURY, Conn., April 13 /PRNewswire/ -- Gene C. Guilbert,


president of American Bank of Connecticut (AMEX: BKC), announced today that the bank's net income for the first quarter of 1992 was $1,195,000 compared to $1,110,000 earned by the bank during the first quarter of 1991. Net income per share for the quarter was $0.55 compared to $0.51 in 1991.
 American Bank of Connecticut is a state chartered savings bank with assets of $405 million, headquartered in Waterbury.
 AMERICAN BANK OF CONNECTICUT
 Quarterly Statement
 Quarter Ended March 31st 1992 1991
 Net income $1,195,000 $1,110,000
 Per share earnings $0.55 $0.51
 Average shares 2,182,600 2,178,244
 Dividends per share $0.33 $0.33
 -0- 4/13/92
 /CONTACT: Betty Veillette of American Bank of Connecticut, 203-757-9401/
 (BKC) CO: American Bank of Connecticut ST: Connecticut IN: FIN SU: ERN


AH-TQ -- NY075 -- 7920 04/13/92 16:20 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
Words:164
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