FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                   OF THE SECURITIES AND EXCHANGE ACT OF 1934

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities  Exchange
Act of 1934.


                    ----------------------------------------------------------



                             American Bancorporation
             (Exact name of registrant as specified in its charter)

            Ohio                                                31-0724349
  incorporation or organization)                            Identification No.)

  1025 Main Street, Suite 800, Wheeling, WV                        26003
  (Address of principal executive offices)                      (Zip Code)

                                 (304) 233-5006
              (Registrant's telephone number, including area code)


  Indicate  by check  mark  whether  the  registrant  (1) has filed all  reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.

                                    Yes X No

  Indicate the number of shares  outstanding of each of the issuer's  classes of
common stock, as of the latest practicable date.

        July 7, 2000: 3,129,674 shares of Common stock without par value

                                                     Number of pages comprising
                                                     this report. . . .  13

                                        1

<PAGE>


AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000


TABLE OF CONTENTS

Part I       FINANCIAL INFORMATION
Item  1      Financial Statements
                 Condensed Consolidated Balance Sheets....................    3
                 Condensed Consolidated Statements of Income..............    4
                 Condensed Consolidated Statements of
                           Cash Flows.....................................    5
                 Condensed Consolidated Statements of
                           Changes in Stockholders' Equity................    6
             Notes to the Financial Statements............................    6
Item  2      Management's Discussion and Analysis of Financial
                  Condition and Results of Operations.....................    7
Item 3       Quantitative and Qualitative Disclosures about Market Risk...   12


Part II      OTHER INFORMATION
Item  1          Legal Proceedings........................................ None
Item  2          Changes in Securities.................................... None
Item  3          Defaults Upon Senior Securities.......................... None
Item  4          Submission of Matters to a
                             Vote of Security Holders.....................   12
Item  5          Other Information........................................ None
Item  6          Exhibits and Reports on Form 8-K......................... None

SIGNATURES................................................................   13


                                       2

<PAGE>


AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000


Part 1                  Financial Information
Item 1                  Financial Statements

<TABLE>
<CAPTION>


CONDENSED CONSOLIDATED BALANCE SHEETS
                                                               June 30,               December 31,
                                                        2000              1999             1999
<S>                                                 <C>              <C>              <C>
                                                    -------------    -------------    -------------
ASSETS
Cash and due from banks .........................   $  10,914,263    $  10,579,019    $  11,774,610
Federal funds sold ..............................       3,520,297        4,877,025        4,823,000
Investment securities available for sale ........     282,030,874      306,669,719      298,153,127
Loans, net of unearned income ...................     404,086,996      332,826,797      371,223,074
  Less allowance for loan losses ................       3,400,288        3,068,302        3,079,796
                                                    -------------    -------------    -------------
                                                      400,686,708      329,758,495      368,143,278
Premises and equipment - net ....................       9,945,927        9,641,827       10,214,208
Accrued interest receivable .....................       4,608,824        4,291,154        4,469,869
Excess of cost over net assets acquired .........       1,813,919        1,494,562        1,355,659
Other assets ....................................      12,385,995       10,658,433       12,357,245
                                                    -------------    -------------    -------------
     TOTAL ASSETS ...............................   $ 725,906,807    $ 677,970,234    $ 711,290,996
                                                    =============    =============    =============

LIABILITIES
 Deposits
   Non-interest bearing .........................   $  39,598,730    $  39,336,873    $  37,959,587
   Interest bearing .............................     427,941,193      393,944,304      411,317,906
                                                    -------------    -------------    -------------
       TOTAL DEPOSITS ...........................     467,539,923      433,281,177      449,277,493
 Borrowed funds .................................     205,693,398      193,281,312      214,593,201
 Accrued interest payable .......................       2,962,108        2,426,190        2,511,496
 Other liabilities ..............................       5,222,308        4,217,142        4,079,845
 Long-term debt .................................            --              4,010             --
 Company obligated mandatorily redeemable
 trust preferred securities of subsidiary trust
 holding solely junior subordinated debentures
 of the Company .................................      12,650,000       12,650,000       12,650,000
                                                    -------------    -------------    -------------
    TOTAL LIABILITIES ...........................     694,067,737      645,859,831      683,112,035

STOCKHOLDERS' EQUITY
  Preferred stock ...............................            --               --               --
  Common stock without par value, stated value
   $2.50, authorized 6,500,000 shares, issued and
   outstanding 3,129,674 ........................       7,824,185        7,824,185        7,824,185
  Additional paid-in capital ....................      10,301,982       10,301,982       10,301,982
  Retained earnings .............................      23,564,933       20,123,474       21,906,156
 Accumulated other comprehensive
     results, net of tax benefit ................      (9,852,030)      (6,139,238)     (11,853,362)
                                                    -------------    -------------    -------------
    TOTAL STOCKHOLDERS' EQUITY ..................      31,839,070       32,110,403       28,178,961
                                                    -------------    -------------    -------------
    TOTAL LIABILITIES AND
              STOCKHOLDERS' EQUITY ..............   $ 725,906,807    $ 677,970,234    $ 711,290,996
                                                    =============    =============    =============
</TABLE>



                                        3

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000

<TABLE>
<CAPTION>


CONDENSED CONSOLIDATED STATEMENTS OF INCOME


                                         Quarter ended June 30,     Six Months ended June 30,
                                          2000          1999          2000          1999
<S>                                    <C>           <C>           <C>           <C>
                                       -----------   -----------   -----------   -----------
INTEREST INCOME
 Loans .............................   $ 8,397,188   $ 6,864,668   $16,484,171   $13,350,683
 Investment securities
  Taxable interest income ..........     3,976,968     3,933,458     8,009,785     7,689,465
  Non-taxable interest income ......       760,501       702,216     1,521,733     1,248,095
                                       -----------   -----------   -----------   -----------
                                         4,737,469     4,635,674     9,531,518     8,937,560
 Short-term investments ............        56,373       115,119       117,093       238,492
                                       -----------   -----------   -----------   -----------
   Total interest income ...........    13,191,030    11,615,461    26,132,782    22,526,735

INTEREST EXPENSE
 Deposits ..........................     5,271,029     4,336,205    10,180,876     8,781,731
 Borrowed funds ....................     3,422,070     2,625,851     6,811,920     4,787,877
                                       -----------   -----------   -----------   -----------
   Total interest expense ..........     8,693,099     6,962,056    16,992,796    13,569,608
                                       -----------   -----------   -----------   -----------
     NET INTEREST INCOME ...........     4,497,931     4,653,405     9,139,986     8,957,127
PROVISION FOR LOAN LOSSES ..........       295,000        75,000       475,000       150,000
                                       -----------   -----------   -----------   -----------
 Net interest income after
    provision for loan losses ......     4,202,931     4,578,405     8,664,986     8,807,127
OTHER INCOME
 Service charges on deposit accounts       217,880       244,179       426,677       416,444
 Net securities gains ..............           205        75,155           205       342,967
 Net gains on sale of loans ........       364,737       440,763       636,762       846,529
 Insurance commissions .............        21,976        23,906        45,741        42,950
 Other income ......................       423,793       173,926       722,760       308,679
                                       -----------   -----------   -----------   -----------
   Total other income ..............     1,028,591       957,929     1,832,145     1,957,569
OTHER EXPENSE
 Salaries and employee benefits ....     1,677,535     1,698,839     3,360,518     3,471,633
 Occupancy expense .................       648,226       647,939     1,320,471     1,281,631
 Other expenses ....................     1,328,595     1,453,337     2,550,983     2,689,201
                                       -----------   -----------   -----------   -----------
   Total other expense .............     3,654,356     3,800,115     7,231,972     7,442,465
                                       -----------   -----------   -----------   -----------
INCOME BEFORE INCOME TAXES .........     1,577,166     1,736,219     3,265,159     3,322,231
PROVISION FOR INCOME TAXES .........       320,314       388,604       667,480       689,996
                                       -----------   -----------   -----------   -----------
NET INCOME .........................   $ 1,256,852   $ 1,347,615   $ 2,597,679   $ 2,632,235
                                       ===========   ===========   ===========   ===========


  Average Shares Outstanding .......     3,129,674     3,129,674     3,129,674     3,129,674

    BASIC EARNINGS PER SHARE .......   $      0.40   $      0.43   $      0.83   $      0.84

</TABLE>


                                        4

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
<TABLE>
<CAPTION>

                                                                                  Six months ended June 30,
                                                                                    2000            1999
<S>                                                                             <C>            <C>
                                                                                -----------    ------------
  Operating Activities:
Net Income......................................................................$ 2,597,679    $  2,632,235
   Adjustments to reconcile net income to net cash from operating activities:
  Depreciation .................................................................    466,506         436,015
  Amortization of intangibles ..................................................    148,381         138,902
  Net amortization of premium on investment securities .........................    214,373         626,325
  Provision for loan losses ....................................................    475,000         150,000
  Net gain on sale of mortgage servicing rights ................................   (251,393)           --
  Net gain on sale of investment securities ....................................       (205)       (342,967)
  Net gain on sale of loans ....................................................   (636,762)       (846,529)
  Net increase in accrued interest receivable ..................................   (138,892)       (897,817)
  Net increase in accrued interest payable .....................................    409,874         119,336
  Real estate mortgage loans originated for sale ...............................(33,506,017)    (30,093,453)
  Proceeds from sale of real estate mortgage loans ............................. 30,730,233      29,920,693
  Net increase in other assets ................................................. (1,639,987)     (1,219,901)
  Net increase (decrease) in other liabilities .................................  1,140,693        (641,353)
  Net decrease from other operating activities .................................    150,266        (349,226)
                                                                                ------------    ------------
        Net cash provided (used) by operating activities .......................    159,749        (367,740)
Investing Activities:
  Investment securities available for sale:
      Proceeds from maturities and repayments .................................. 25,095,192      51,687,759
      Proceeds from sales ......................................................  1,577,278      37,727,462
      Purchases ................................................................ (7,536,431)   (142,487,764)
            377,709.............................................................    377,709           --
   Change in loans, net of real estate mortgage loans originated for sale ......(29,589,339)    (31,309,591)
   Purchase of premises and equipment ..........................................   (183,225)       (342,260)
   Proceeds from sale of premises and equipment ................................    118,297            --
                                                                                ------------    ------------
       Net cash used by investing activities ...................................(10,140,519)    (84,724,394)
Financing Activities:
   Net increase (decrease) in non-interest bearing demand deposits .............  1,621,569        (160,744)
   Net increase in interest bearing demand and savings deposits ................ 11,024,247       3,385,938
   Net increase (decrease) in time deposits .................................... (4,850,191)     (1,184,212)
   Net increase (decrease) in borrowed funds ................................... (8,899,803)     69,390,129
   Issuance (principal repayment) of long-term debt ............................       --            (7,232)
  Proceeds received in branch acquisition, net of assets acquired ..............  9,860,800            --
   Cash dividends paid .........................................................   (938,902)       (938,902)
                                                                                ------------    ------------
        Net cash provided by financing activities ..............................  7,817,720      70,484,977
                                                                                ------------    ------------

  Net Increase (Decrease) in Cash and Cash Equivalents ......................... (2,163,050)    (14,607,157)

Cash and Cash Equivalents Beginning Balance .................................... 16,597,610      30,063,201
                                                                                -----------    ------------
Cash and Cash Equivalents Ending Balance........................................$14,434,560    $ 15,456,044
                                                                                ============   ============
</TABLE>


                                        5

<PAGE>


AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000



CONSOLIDATED  STATEMENTS OF STOCKHOLDERS' EQUITY
Six months ended June 30, 2000 and 1999

                                                     2000            1999
                                                 ------------    ------------
Balance at January 1, ........................   $ 28,178,961    $ 36,447,493
Comprehensive results:
   Net Income ................................      2,597,679       2,632,235
   Unrealized security gain (loss), net of tax      1,993,635      (5,818,250)
   Reclassification adjustment, net of tax ...          7,697        (212,173)
                                                 ------------    ------------
    Total comprehensive results ..............      4,599,011      (3,398,188)
   Dividends declared ($0.30 per share 2000,
      $0.30 per share 1999) ..................       (938,902)       (938,902)
                                                 ------------    ------------
Balance at June 30, ..........................   $ 31,839,070    $ 32,110,403
                                                 ============    ============




NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

     The unaudited interim condensed  consolidated  financial statements reflect
all  adjustments  which,  in the opinion of management,  are necessary to a fair
presentation  of  the  financial   position  and  results  of  operations.   All
adjustments  are of a  normal  recurring  nature.  The  notes  to the  financial
statements contained in the 1999 Annual Report to Stockholders should be read in
conjunction with these statements.



                                        6


<PAGE>


AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000


Item 2.      MANAGEMENT'S DISCUSSION AND ANALYSIS
             OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS


INTRODUCTION
     The discussion and analysis, when read in conjunction with the consolidated
financial  statements and accompanying notes, is designed to provide information
relevant to an assessment of financial  performance and management's  perception
of significant events.

     The following is a discussion of significant factors influencing  operating
performance  and  change  in  financial  position  during  the  interim  periods
presented.  The  discussion  should be read in  connection  with the 1999 Annual
Report and the financial statements appearing elsewhere herein.

SUMMARY
     American Bancorporation (the "Company") recognized net income of $2,598,000
or $0.83  basic  earnings  per share,  for the six months  ended June 30,  2000,
compared to net income of $2,632,000 or $0.84 basic earnings per share,  for the
six months ended June 30, 1999.  Return on average  assets and return on average
equity were 0.72% and 17.68%,  respectively,  for the six months  ended June 30,
2000 compared to 0.80% and 14.75%,  respectively,  for the six months ended June
30, 1999.

     Total assets at June 30, 2000 increased to $725,907,000,  from $677,970,000
at June 30, 1999, an increase of 7.1%.  Deposits  increased to  $467,540,000  at
June 30, 2000, from  $433,281,000  at June 30, 1999, an increase of 7.9%.  Total
stockholders'  equity was $31,839,000 at June 30, 2000 compared with $32,110,000
at June 30,  1999,  a decrease  of 0.8%.  Stockholders'  equity,  excluding  net
unrealized gains and losses,  totalled $41,691,000 at June 30, 2000, an increase
of  $3,442,000  or 9.0% at June 30,  1999.  The  unrealized  loss on  investment
securities  available for sale, a result of market value  adjustments,  totalled
$9,852,000  at June 30, 2000,  compared to $6,139,000 at June 30, 1999. If these
available for sale securities are held to maturity,  no market value  adjustment
will be realized.


RESULTS OF OPERATIONS
       SIX MONTH COMPARISON

     Net Income.  Net income for the six months ended June 30, 2000  amounted to
$2,598,000,  or $0.83  basic  earnings  per  share,  compared  to net  income of
$2,632,000 or $0.84 basic earnings per share,  for the six months ended June 30,
1999.  The  decrease  was the result of an  increase in the  provision  for loan
losses which was offset by an increase in net  interest  income and other income
as well as a decrease in other expenses.

     Net Interest  Income.  Net interest income before provision for loan losses
for the six months ended June 30, 2000  amounted to  $9,140,000,  an increase of
$183,000 or 2.0%,  compared to the six months ended June 30, 1999.  The increase
resulted  primarily  from a  $61,315,000  or 9.8%  increase in average  interest
earning assets,  which was partially  offset by a 20 basis point decrease in the
Company's margin.


                                        7

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000



     Total  interest  income for the six months ended June 30, 2000  amounted to
$26,133,000 an increase of $3,606,000 or 16.0%, compared to the six months ended
June 30, 1999. The increase  resulted  primarily from an increase in the average
interest  earning  assets and a 41 basis point  increase in the average yield on
earning assets.  Average loans outstanding  increased  $79,749,000 or 25.3% with
average  commercial loans increasing  $33,696,000 or 26.7%,  average real estate
loans  increasing  $23,709,000 or 17.1% and average consumer  installment  loans
increasing $22,344,000 or 45.1%. The average yield on loans decreased from 8.48%
in 1999 to 8.36% in 2000.  Average  investment  securities and other  short-term
investments  outstanding  decreased $18,433,000 or 6.0%, while the average yield
increased from 5.94% in 1999 to 6.64% in 2000.

     Total  interest  expense for the six months ended June 30, 2000 amounted to
$16,993,000,  an  increase of  $3,423,000  or 25.2% , compared to the six months
ended June 30, 1999. The increase resulted primarily from a $71,947,000 or 12.5%
increase in the average volume of interest bearing  liabilities  along with a 54
basis point  increase in interest rates paid on such  liabilities.  Average NOW,
money market and savings accounts increased  $36,315,000 or 30.4%.  Average time
deposits  decreased  $6,402,000 or 2.3%.  Average  noninterest  bearing accounts
increased  $2,073,000 or 5.6% and represented 8.5% of average total deposits for
the six months ended June 30, 2000. Average borrowed funds increased $42,033,000
or 23.0%,  while the average rate paid on borrowed funds increased from 4.99% in
1999 to 5.91% in 2000.

     Provision for Loan Losses. The loan loss provision for the six months ended
June 30, 2000 was  $475,000,  compared to $150,000  for the same period in 1999.
The increase in the loan loss provision resulted primarily from a $79,749,000 or
25.3%  increase in the average loan  portfolio for the six months ended June 30,
2000, compared to the same period in 1999.

     Other Income.  Other income for the six months ended June 30, 2000 amounted
to  $1,832,000,  a decrease of 6.4%  compared  to the six months  ended June 30,
1999.  There were  security  gains of $205 during the six months  ended June 30,
1999,  compared  to net gains on sale of  investment  securities  of $343,000 in
1999. Net gains on sale of loans totalled  $637,000 in 2000 compared to $847,000
in 1999,  a decrease of 24.8%.  Other  miscellaneous  income in 2000  included a
$120,000 gain on sale of former branch  property and a $251,000 gain on the sale
of mortgage servicing rights.

     Other  Expense.  Total other expense for the six months ended June 30, 2000
amounted to  $7,232,000,  a decrease  of  $210,000 or 2.8%,  compared to the six
months ended June 30, 1999. Salaries and employee benefits decreased $111,000 or
3.2%.   Occupancy  and  equipment  expense  increased  $38,000  or  3.0%.  Other
(miscellaneous) expenses decreased $138,000 or 5.1%.

     Provision  for Income  Taxes.  The  provision  for income taxes for the six
months ended June 30, 2000 was $667,000, compared to $690,000 for the six months
ended June 30,  1999.  The decrease is primarily  the result of  additional  tax
exempt income in 2000.


                                        8

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000

RESULTS OF OPERATIONS
     QUARTER COMPARISON

     Net  Income.  Net income for the quarter  ended June 30,  2000  amounted to
$1,257,000,  compared to net income of $1,348,000 for the quarter ended June 30,
1999.  The decrease  was the result of a decrease in net interest  income and an
increase  in the  provision  for loan  losses,  which  was  partially  offset by
increases in other income.

     Net Interest  Income.  Net interest income before provision for loan losses
for the  quarter  ended June 30,  2000  amounted  to  $4,498,000,  a decrease of
$155,000 or 3.3%,  compared to the quarter  ended June 30,  1999.  The  decrease
resulted primarily from a 29 basis point decrease in the Company's margin, which
was  partially  offset by a  $48,687,000  increase in average  interest  earning
assets.

     Total  interest  income for the  quarter  ended June 30,  2000  amounted to
$13,191,000,  an increase of $1,576,000 compared to the same period in 1999. The
increase  resulted  primarily  from an increase in the average volume of earning
assets  along with a 40 basis point  increase  in the  average  yield on earning
assets.  Average  loans  outstanding  increased  $76,721,000  or 23.7%.  Average
commercial loans increased  $31,132,000 or 23.7%,  average consumer  installment
loans increased  $22,793,000 or 44.3%, while average real estate loans increased
$22,795,000 or 16.1%. The average yield on loans decreased from 8.47% in 1999 to
8.38% in 2000.

     Average investment  securities and other short-term  investments  decreased
$28,034,000 and the yield increased from 6.04% in 1999 to 6.70% in 2000.

     Total  interest  expense  for the quarter  ended June 30, 2000  amounted to
$8,693,000,  an increase of $1,731,000 or 24.9%. The increase resulted primarily
from a $55,912,000  or 9.5% increase in the average  volume of interest  bearing
liabilities  and a 67  basis  point  increase  in  interest  rates  paid on such
liabilities.

     Provision  for Loan Losses.  The loan loss  provision for the quarter ended
June 30, 2000 was  $295,000,  compared  to $75,000 for same period in 1999.  The
increase in the loan loss  provision  resulted  primarily  from a $76,721,000 or
23.7%  increase in the average  loan  portfolio  for the quarter  ended June 30,
2000, compared to the same period in 1999.

      Other Income.  Other income  amounted to $1,029,000  for the quarter ended
June 30,  2000,  compared to $958,000 for the quarter  ended June 30, 1999.  Net
gains  on  sale  of  loans  decreased  $76,000  or  17.2%.  Net  gain on sale of
investment securities totalled $205 for the quarter ended June 30, 2000 compared
to $75,000 for the same period in 1999.



                                        9

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000


     Other  Expense.  Total other  expense  for the quarter  ended June 30, 2000
amounted to  $3,654,000,  a decrease  of $146,000 or 3.8%,  compared to the same
period in 1999.  Salaries and employee benefits decreased $21,000 or 1.3%. Other
(miscellaneous) expenses decreased $124,000 or 8.5%.

       Provision  for Income  Taxes.  The  provision  for  income  taxes for the
quarter ended June 30, 2000 was  $320,000,  compared to $389,000 for the quarter
ended  June 30,  1999.  The  decrease  is  primarily  the  result of  additional
tax-exempt income in 2000.




ASSET QUALITY

     Nonperforming  loans totalled $3,389,000 or 0.8% of total loans at June 30,
2000,  compared  to  $2,568,000  or 0.8%  of  total  loans  at  June  30,  1999.
Nonperforming  loans at June 30, 2000  consisted of nonaccrual  loans  totalling
$1,577,000,  90 day  delinquent  loans of  $1,457,000,  and  restructured  loans
aggregating  $355,000.  Other real estate  totalled  $278,000 at June 30,  2000,
compared to $533,000 at June 30, 1999.

CAPITAL RESOURCES

       Stockholders' equity totalled $31,839,000 at June 30, 2000. The Company's
risk-based   capital  ratio  was  13.7%,  of  which  12.9%  constituted   common
stockholder  equity,  while the risk-based  capital ratio for the Company's bank
subsidiary, Wheeling National Bank, was 13.2%, with common stockholder equity of
12.3%. At June 30, 2000 the Company's leverage capital ratio was 7.3%, while the
leverage ratio for Wheeling National Bank was 6.8%.


                                       10

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000

<TABLE>
<CAPTION>





                                                Three months ended June 30,                    Six months ended June 30,
                                                2000                   1999                   2000                 1999
                                         -------------------     ----------------      ------------------    -----------------
                                          Average     Yield/     Average   Yield/       Average    Yield/    Average    Yield/
                                          Balance      Rate      Balance     Rate       Balance     Rate      Balance    Rate
                                         ---------     ----      ---------   ----       --------     ----    ---------   ----
<S>                                       <C>          <C>       <C>         <C>         <C>         <C>      <C>          <C>

INTEREST EARNING ASSETS                   (000's)                 (000's)                (000's)              (000's)
 Loans
  Commercial..........................    $162,286     8.85%     $131,154    8.78%       $160,135    8.76%    $ 126,439    8.68%
  Real estate........................      164,352     7.66       141,557    7.86         162,427    7.68       138,718    8.00
  Installment-net...................        74,276     8.31        51,483    8.28          71,942    8.29        49,598    8.33
                                          --------               --------                --------              --------
   Total loans   ....................      400,915     8.38       324,194    8.47         394,504    8.36       314,756    8.48
 Investment securities
  Taxable............................      226,184     7.03       248,453    6.33         230,541    6.95       247,834    6.21
  Tax-exempt.........................       57,413     5.30        57,420    4.89          57,075    5.33        52,332    4.77
                                          --------               --------                --------              --------
   Total investment securities   ....      283,597     6.68       305,873    6.06         287,616    6.63       300,166    5.96
 Other short-term investments......          2,785     8.10         8,543    5.39           2,892    8.10         8,775    5.44
                                          --------               --------                --------              --------
    Total interest earning assets......   $687,297     7.68      $638,610    7.28        $685,012    7.63      $623,697    7.22
                                          ========               ========                ========              ========
INTEREST BEARING LIABILITIES
  Deposits
   NOW, Savings and MMDA...............   $159,066     3.56%     $120,534    2.27%       $155,590    3.43%     $119,275    2.26%
   Time...............................     268,894     5.74       271,070    5.39         266,225    5.64       272,627    5.45
                                          --------                -------                 -------              --------
    Total deposits....................     427,960     4.93       391,604    4.43         421,815    4.83       391,902    4.48
 Borrowed funds......................      206,125     6.11       186,563    5.04         211,979    5.91       169,939    4.99
  Long-term debt.....................       12,650     8.70        12,655    8.71          12,650    8.70        12,657    8.71
                                          --------                -------                 -------              --------
    Total interest
        bearing liabilities............   $646,735     5.38      $590,822    4.71        $646,444    5.26      $574,498    4.72
                                          ========               ========                ========              ========

MARGIN ANALYSIS
 (as a % of earning assets)
 Interest income................                       7.68%                 7.28%                   7.63%                 7.22%
 Interest expense................                      5.06                  4.37                    4.96                  4.35
                                                       ----                  ----                    ----                  ----
 Net interest income............                       2.62%                 2.91%                   2.67%                 2.87%
                                                       ====                  ====                    ====                  ====

</TABLE>



Averages stated are month end average balances. Installment loans are stated net
of unearned  income.  Average  loans  include  nonaccrual  loans.  Yields do not
reflect tax equivalent adjustments.







                                                              11

<PAGE>


AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
June 30, 2000


Item 3.   Quantitative and Qualitative Disclosures about Market Risk

            Quantitative  and  qualitative  disclosures  about  market  risk are
presented at December  31, 1999 in Item 7a. of the  Company's  Annual  Report on
Form 10-K, filed with the SEC on March 30, 2000.  Management believes there have
been no material changes in the Company's market risk since December 31, 1999.

Part II.   OTHER INFORMATION

Item 4.   Submission of Matters to a Vote of Securities Holders
            The Annual Meeting of  Shareholders  was held May 17, 2000.  Proxies
were solicited  pursuant to Regulation 14 of the 1934 Act. Shares represented in
person or by proxy totalled  2,851,103 or 91.10% of the shares then outstanding.
Shareholders approved by affirmative vote the following proposals:

            1.       To fix the number of  positions  for director at 10, with 2
                     vacancies that may be filled by the Board of Directors:

                   Vote For: 2,831,466      Against: 14,299      Abstain: 5,338

            2.       To elect John J. Malik,  Jr.,  Jeremy C. McCamic and Jolyon
                     W. McCamic directors for a three year term.

                                            Vote For   Vote Withheld    Abstain
                   John J. Malik, Jr.      2,840,756       10,347          0
                   Jeremy C. McCamic       2,840,413       10,690          0
                   Jolyon W. McCamic       2,840,453       10,650          0


          Continuing in the position of director were the following:

                                                                Term Expiring
                   Jack O. Cartner                                   2001
                   Paul W. Donahie                                   2001
                   Abigail M. Feinknopf                              2002
                   Jay T. McCamic                                    2002
                   Jeffrey W. McCamic                                2002


Item  6.  Exhibits and Reports on Form 8-K

         B. Reports on Form 8-K:

              Date                 Item             Description
         None



                                       12

<PAGE>



                                   SIGNATURES

  Pursuant to the  requirements  of the  Securities  Exchange  Act of 1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                                        AMERICAN BANCORPORATION
                                                             (Registrant)


                                                         Jeremy C. McCamic
                                                         Chairman and
                                                         Chief Executive Officer


Date     8/15/00                                       /s/ Brent E. Richmond
                                                        Brent E. Richmond
                                                        Chief Operating Officer


Date      8/15/00                                      /s/ Jeffrey A. Baran
                                                        Jeffrey A. Baran
                                                        Chief Financial Officer



                                       13