Americas United Bank, the Largest Hispanic-Owned Bank Based in California, Reports Record Assets at June 30, 2009

GLENDALE, Calif.--(Business Wire)--
Americas United Bank (OTCBB: AUNB) today announced its unaudited 2009 second
quarter results. As of June 30, 2009, the company had total assets of $119.4
million or a 6.2% increase over the December 31, 2008 year-end total assets of
$112.4 million.

As of June 30, 2009, the company grew total loans to $104.2 million, or a 21.2%
increase over the December 31, 2008 balance of $86.0 million. Total deposits
increased to $87.6 million or 10.9% over the December 31, 2008 balance of $79.0
million.

"I am pleased to report that amidst these very challenging times, AUB continues
to grow in a safe and sound manner, and is well-positioned to take advantage of
market opportunities that exist in the market today," said Gilbert J. Dalmau,
President and Chief Executive Officer of Americas United Bank.

Dalmau continued, "Although the economy seems to be stabilizing, it is still
quite fragile and uncertainty persists. To reflect the uncertain times, we have
reduced our cost structure and improved efficiencies throughout the
organization. Concurrently, we are strengthening our sales team to ensure that
we maintain our momentum in achieving our growth objectives."

Second-Quarter financial highlights include:

* Total assets of $119.4 million at June 30, 2009, a 6.2% increase over $112.4
million at December 31, 2008.
* Gross loans of $104.2 million at June 30, 2009, an increase of 21.2 percent
from December 31, 2008 total of $86.0 million.
* Allowance for loan loss maintained at 1.87 percent of gross loans at June 30,
2009, which compares favorably to that of many of the bank`s peer group.
* Total deposits of $87.6 million at June 30, 2009, an increase of 10.9% from
December 31, 2008 total of $79.0 million.
* Second quarter 2009 operating revenue increased to $1,533,000 from $1,492,000
for the same period in 2008 primarily due to higher volumes, but offset by lower
market interest rates.
* Operating net loss year-over-year decreased to $864,000 for the second quarter
of 2009 or -$0.30 per basic share compared to $902,000 or -$0.31 for the same
period in 2008. Financial performance was negatively impacted by low market
interest rates, a special FDIC assessment charge, no SBA Gain on Sale income,
and by increased loan loss provision expense related to strong loan growth in
the second quarter and some weakness in the SBA loan portfolio originated in
2007 before the economic recession.

Dalmau summarized, "Despite the difficult economic times, the Bank had a record
month in June extending almost $8 million in loans, demonstrating our commitment
and capacity to fulfilling the borrowing needs of the communities we serve.
Additionally, our credit quality remains sound with no past due or
non-performing conventional (non-SBA) commercial real estate or commercial and
industrial loans."

The Bank`s capital ratios continue to be well in excess of the required levels
to be considered well capitalized. The Tier 1 Leverage Ratio was 18.52%, Tier 1
Risk Based Capital Ratio was 19.27%, and the Total Risk Based Capital Ratio was
20.53%.

Basic and diluted loss per share for the 2nd quarter of 2009 were -$0.30, as
compared to basic and diluted loss per share of -$0.31 for the same period of
2008. Book value per share was $7.68 at June 30, 2009.

Having commenced operations on November 6, 2006, as California`s first
Hispanic-owned Bank to open in over thirty years, the Bank continues to grow and
has achieved the distinction of being the largest Hispanic-owned Bank based in
California. The Bank`s operating losses are reflective of its start-up status
and consistent with other California de novo Banks.

About Americas United Bank:

Americas United Bank (AUB) is the first 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, corporatedebit 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.

AMERICAS UNITED BANK

BALANCE SHEET
Unaudited - 000's omitted

June 30, December 31, June 30,
2009 2008 2008

ASSETS

Investment Securities $ 2,949 $ 10,291 $ 11,960
Deposits in Other Banks $ 2,500 2,650 -
Federal Funds Sold 1,090 11,565 14,735
Loans and Leases (Net) 102,233 84,507 68,725
Cash and Due from Banks 9,589 2,236 1,774
Other Assets 1,021 1,167 1,288

TOTAL ASSETS $ 119,382 $ 112,416 $ 98,482

LIABILITIES & SHAREHOLDERS' EQUITY

Demand Deposits $ 10,287 $ 12,493 $ 9,346
NOW Deposits 4,948 3,539 4,029
Money Market and Savings Deposits 37,714 38,997 32,109
Time Deposits 34,623 24,017 19,006
Total Deposits 87,572 79,046 64,490
Other Borrowings 8,900 8,900 8,900
Other Liabilities 801 979 893
Total Liabilities 97,273 88,925 74,283
Shareholders' Equity 22,109 23,491 24,199

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 119,382 $ 112,416 $ 98,482

Tier 1 Leverage Ratio 18.52 % 21.47 % 25.86 %
Tier 1 Risk Based Capital Ratio 19.27 % 23.17 % 27.85 %
Total Risk Based Capital Ratio 20.53 % 24.42 % 29.10 %

AMERICAS UNITED BANK

INCOME STATEMENT
Unaudited - 000's omitted FOR THE FOR THE
THREE-MONTHS ENDED SIX-MONTHS ENDED
JUNE 30, 2009 2008 2009 2008

INTEREST INCOME

Loans and Leases $ 1,445 $ 1,119 $ 2,824 $ 2,081
Investment Securities 35 160 123 324
Federal Funds Sold & MM 9 57 23 140
Other Interest Income - -
Total Interest Income $ 1,489 $ 1,336 $ 2,970 $ 2,545

INTEREST EXPENSE

NOW Deposits 23 23 44 39
Money Market and Savings Accounts 185 171 404 362
Time Deposits 249 174 466 308
Other Borrowings 66 66 131 100
Total Interest Expenses 523 434 1,045 809
Net Interest Income 966 902 1,925 1,736
Provision for Loan Losses 435 268 895 575
Net Interest Income after Provision for Loan Losses 531 634 1,030 1,161
Non-interest Income 44 156 89 437
Non-interest Expense 1,439 1,692 2,861 3133
Operating Income (864 ) (902 ) (1,742 ) (1,535 )
Other Gains (Losses) - - 110 32

Net Loss Before Taxes (864 ) (902 ) (1,632 ) (1,503 )
Income Taxes - 0 -1 0
NET LOSS $ (864 ) $ (902 ) $ (1,633 ) $ (1,503 )

Basic & Diluted EPS ($0.30 ) ($0.31 ) ($0.57 ) ($0.52 )

Americas United Bank
Gilbert J. Dalmau
President & Chief Executive Officer
(818) 637-7011
gdalmau@aubank.com
or
Jeffrey Pollard
Executive Vice President & Chief Financial Officer
(818) 637-7007
jpollard@aubank.com

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