Americas United Bank Posts Strong 3rd Quarter Results for 2007.

Records First Profitable Month, Prepares For Expansion

GLENDALE, Calif. -- Americas United Bank (OTCBB:AUNB) today announced its third quarter 2007 financial results. Increased revenues produced the Bank's first month of profitability in September 2007.

In the third quarter of 2007, the Bank's assets grew to $72.6 million, up from $34.5 million at December 31, 2006, an increase of over 110.4%. The Bank has more than $46.3 million in deposits, up from $6.9 million at year-end 2006, with strong growth in core deposits, which grew from $6.8 million to $41.5 million over the same period. Loans also grew from $1.9 million at year-end 2006 to $31.0 million at the end of the 3rd quarter 2007.

President and CEO Gilbert J. Dalmau said, "The Bank continues to grow at a solid pace despite a very challenging environment. Strong growth in loans and deposits, combined with the commencement of some "Gain on Sale" income from the SBA operation, resulted in our first month of profitability. We are obviously excited to achieve this milestone in less than one year of operation."

The Bank reported that quarterly revenue was over $1,287,000 in the third quarter of 2007, an increase of $604,000 from the $683,000 of revenue in the second quarter of 2007. This increase in revenue helped trim the Bank's net loss for the quarter to $435,768, down from $868,901 for the second quarter of 2007.

The third quarter net loss included non-cash expenses of $202,000 for stock compensation expense and $150,700 for the provision for loan losses. Excluding the impact of these amounts, the Bank's quarterly net loss would be approximately $83,068.

Americas United Bank is not able to prepare a true quarter versus quarter comparison due to the fact that the bank opened in November 2006. Comparison to prior quarters is done as a substitute for this accepted practice.

"The Bank made some impressive gains during the 3rd quarter. I credit our terrific group of banking professionals who provide the best banking products and service levels while operating in this very competitive environment. As we look to expand our market share in the greater Los Angeles territory, we expect that interest in our bank and the services we provide will continue to increase," said Dalmau.

The bank also recently opened a loan production office in Santa Fe Springs in July 2007. This marks the bank's expansion into the southern area of greater Los Angeles.

Having commenced operations on November 6, 2006, as California's first primarily Hispanic-owned bank to open in over thirty years, the bank continues to grow at a healthy pace. The bank's total year-to-date revenue has already exceeded $2.4 million. The credit quality of the bank shows no negative impact at this point in the bank's existence. The bank's operating losses are reflective of its start-up status and consistent with other California de novo banks.

"Having completed the formation of the infrastructure of the bank, we are focused on building a high quality client base. We have grown without relying on non-core sources of funds with zero brokered deposits. Our growth is based on solid customer relationships where the bank is the total solution for the customers' banking needs. Unlike some of our competitors, who rely on non-core business, we are not subject to large swings on our balance sheet from interest rate sensitive customers," continued Dalmau.

"Lastly, our significant investment in the SBA loan division is beginning to provide a positive earnings impact and was a major contributor to the profit for the month of September 2007. We look forward to incremental returns from this group," concluded Dalmau.

About Americas United Bank:

Americas United Bank (AUB) is the first primarily Hispanic-owned bank to open its doors in California in over thirty years. Founded by a group of respected and successful business leaders (primarily from the Hispanic community), AUB is a full service commercial bank that provides business and personal banking products and services, including business and commercial real estate loans, SBA loans, lines of credit, corporate debit and credit cards, merchant card processing, international trade solutions, and more. For more information on the Bank, please visit our website at www.aubank.com.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and implementation of its business plans, loan performance, interest rates, and regulatory matters.