American Bancorp of Nevada announces stock split.

LAS VEGAS--(BUSINESS WIRE)--March 21, 1995--American Bancorp of Nevada, parent corporation for American Bank of Commerce, Tuesday announced a four-for-three stock split.

The stock split is based on shareholders of record on April 4, 1995, and will be paid on April 11, 1995.

In announcing the split, Claudine B. Williams, chairwoman of the board, stated the growth and profitability of the bank caused the stock price to increase over the past year. She also indicated the recent listing of the Bancorp stock on the Nasdaq National Market will increase the outstanding shares available to trade.

"We are very pleased with the performance of the bank and wish to share its success with our fellow shareholders," she said.

Total assets at the end of 1994 were $227,419,000 with net income of $3,314,000. This compares with 1993 year-end assets and net income of $210,463,000 and $2,307,000, respectively. Total shareholder equity at the end of 1994 was $20,131,000.

American Bank of Commerce, a wholly-owned subsidiary of American Bancorp of Nevada, was founded in 1979 to serve businesses and professionals in Southern Nevada. The bank has four offices in Las Vegas.

American Bancorp of Nevada is publicly traded on the Nasdaq National Market System under the symbol ABCN and is listed in local newspaper financial listings as AmBcpNV.

CONTACT: Robert Olson, 702/362-7222

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Karen Summers, 702/386-2677