American Bank Holdings Announces Changes Within Its Board of Directors.

Business Editors

SILVER SPRING, Md.--(BUSINESS WIRE)--Feb. 2, 2004

American Bank Holdings, Inc. (OTCBB:ABKD.OB), Silver Spring, Maryland, announced the resignations of Chairman Richard S. Schuman and George A. Kramer from its Board of Directors, and the appointment of JR Schuble and Douglas Bregman to the Board. Mr. Schuble was also appointed as Chairman of the Holding Company. Mr. Schuble has been a member of the American Bank Board since April 2003, and Mr. Bregman has been a member of the Bank Board since March 2002.

In announcing the resignations, the Company expressed its appreciation for the service and strong leadership afforded the Company by both Mr. Schuman and Mr. Kramer.

Mr. Schuman was the first chairman of American Bank Holdings. In addition, he served as Chairman of the Company's wholly owned subsidiary, American Bank, since 1994. Mr. Schuman joined the Board as Chairman in 1994 at a time of serious financial distress for the Bank. During his tenure as Chairman, he guided the Bank from approximately $70 million in assets to nearly $220 million in assets. At the Board's request, Mr. Schuman will serve as Chairman Emeritus to help the transition.

Mr. Kramer, a member of both the Holding Company Board and the Bank Board, was a member of the Holding Company board since inception, after having joined the Board of the Bank in 2002. He has been a valued member of both Boards.

The Company also announced the resignations of William Blanken and Stuart Kaufman from the American Bank Board of Directors. Both Mr. Blanken and Mr. Kaufman had been long time members of the board and served during the troubled period of the late 80's. Along with Schuman, they were integral to the successful rebuilding of the Bank during that period.