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
  (State or other jurisdiction of                            (I.R.S. Employer
  incorporation or organization)                             Identification No.)

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


              (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.

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

                                                    Number of pages comprising
                                                    this report. .. . . .  12


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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 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 Statement 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...................................    11


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............................  None
Item  5          Other Information........................................  None
Item  6          Exhibits and Reports on Form 8-K.........................  None

SIGNATURES................................................................    12




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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000



Part 1       Financial Information
Item 1       Financial Statements

<TABLE>
<CAPTION>

CONDENSED CONSOLIDATED BALANCE SHEETS
                                                             March 31,               December 31,
                                                       2000             1999            1999
<S>                                               <C>              <C>              <C>
                                                  -------------    -------------    -------------
ASSETS
Cash and due from banks .......................   $  10,996,219    $  15,208,281    $  11,774,610
Federal funds sold ............................       1,307,000        8,096,025        4,823,000
Investment securities available for sale ......     291,469,167      300,929,464      298,153,127

Loans, net of unearned income .................     396,189,345      307,900,341      371,223,074
  Less: Allowance for loan losses .............       3,198,353        3,028,522        3,079,796
                                                  -------------    -------------    -------------
                                                    392,990,992      304,871,819      368,143,278
Due from broker ...............................            --         17,081,291             --
Premises and equipment - net ..................      10,026,301        9,700,257       10,214,208
Accrued interest receivable ...................       4,432,815        4,064,177        4,469,869
Excess of cost over net assets acquired .......       1,286,208        1,564,013        1,355,659
Other assets ..................................      12,151,584        6,684,211       12,357,245
                                                  -------------    -------------    -------------
     TOTAL ASSETS .............................   $ 724,660,286    $ 668,199,538    $ 711,290,996
                                                  =============    =============    =============

LIABILITIES
Deposits
   Non-interest bearing .......................   $  39,638,172    $  36,682,582    $  37,959,587
   Interest bearing ...........................     418,779,322      393,648,852      411,317,906
                                                  -------------    -------------    -------------
       TOTAL DEPOSITS .........................     458,417,494      430,331,434      449,277,493
Borrowed funds ................................     215,223,595      165,223,065      214,593,201
Due to broker .................................            --         16,026,227             --
Accrued interest payable ......................       2,653,915        2,375,242        2,511,496
Other liabilities .............................       5,294,422        5,248,231        4,079,845
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 .........................     694,239,426      631,854,199      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 ...........................      22,777,532       19,245,310       21,906,156
 Accumulated other comprehensive
      results, net of tax benefit .............     (10,482,839)      (1,026,138)     (11,853,362)
                                                  -------------    -------------    -------------
  TOTAL STOCKHOLDERS' EQUITY ..................      30,420,860       36,345,339       28,178,961
                                                  -------------    -------------    -------------
  TOTAL LIABILITIES AND
       STOCKHOLDERS' EQUITY ...................   $ 724,660,286    $ 668,199,538    $ 711,290,996
                                                  =============    =============    =============
</TABLE>


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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000

CONDENSED CONSOLIDATED STATEMENTS OF INCOME


                                                    Three Months ended March 31,
                                                           2000         1999
                                                       -----------   -----------
INTEREST INCOME
 Loans .............................................   $ 8,086,983   $ 6,486,015
 Investment securities
  Taxable interest income ..........................     4,032,817     3,756,007
  Non-taxable interest income ......................       761,232       545,879
                                                       -----------   -----------
                                                         4,794,049     4,301,886
 Short-term investments ............................        60,720       123,373
                                                       -----------   -----------
   Total interest income ...........................    12,941,752    10,911,274

INTEREST EXPENSE
 Deposits ..........................................     4,909,847     4,445,526
 Borrowed funds ....................................     3,389,850     2,162,026
                                                       -----------   -----------
   Total interest expense ..........................     8,299,697     6,607,552
                                                       -----------   -----------
     NET INTEREST INCOME ...........................     4,642,055     4,303,722
PROVISION FOR LOAN LOSSES ..........................       180,000        75,000
                                                       -----------   -----------
 Net interest income after provision for loan losses     4,462,055     4,228,722
OTHER INCOME
 Service charges on deposit accounts ...............       208,797       172,265
 Net securities gains ..............................          --         267,812
 Net gains on sale of loans ........................       272,025       405,766
 Insurance commissions .............................        23,765        19,044
 Other income ......................................       298,967       134,753
                                                       -----------   -----------
   Total other income ..............................       803,554       999,640
OTHER EXPENSE
 Salaries and employee benefits ....................     1,682,983     1,772,794
 Occupancy expense .................................       672,245       633,692
 Other expenses ....................................     1,222,388     1,235,864
                                                       -----------   -----------
   Total other expense .............................     3,577,616     3,642,350
                                                       -----------   -----------
INCOME BEFORE INCOME TAXES .........................     1,687,993     1,586,012
PROVISION FOR INCOME TAXES .........................       347,166       301,392
                                                       -----------   -----------
NET INCOME .........................................   $ 1,340,827   $ 1,284,620
                                                       ===========   ===========


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

    BASIC EARNINGS PER SHARE .......................   $      0.43   $      0.41

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000






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


                                                                                  Three months ended March 31,
                                                                                     2000              1999
<S>                                                                              <C>              <C>
                                                                                 -----------      ------------
   Operating Activities:
     Net Income................................................................. $ 1,340,827      $  1,284,620
      Adjustments to reconcile net income to net cash from operating activities:
         Depreciation...........................................................     230,902           216,623
         Amortization of intangibles............................................      69,451            69,451
         Net amortization of premium on investment securities...................     109,292           337,493
         Provision for loan losses..............................................     180,000            75,000
         Net gain on sale of investment securities..............................           -          (267,812)
         Net gain on sale of loans..............................................    (272,025)         (405,766)
         Net (increase)decrease in accrued interest receivable..................      37,054          (670,840)
         Net increase in accrued interest payable...............................     142,419            68,388
         Real estate mortgage loans originated for sale......................... (14,001,804)      (26,493,845)
         Proceeds from sale of real estate mortgage loans.......................  13,010,450        26,138,924
         Net increase in other assets...........................................    (661,557)         (737,288)
         Net increase in other liabilities......................................   1,214,578           382,127
         Net decrease from other operating activities...........................     (81,077)         (162,966)
                                                                                 -----------      ------------
          Net cash provided by operating activities.............................   1,318,510          (165,891)
  Investing Activities:
     Investment securities available for sale:
           Proceeds from maturities and repayments..............................   9,942,609        27,988,859
           Proceeds from sales..................................................           -                 -
           Purchases............................................................  (1,157,421)      (67,744,083)
     Change in loans, net of real estate mortgage loans originated for sale..... (23,764,335)       (6,606,510)
     Purchase of premises and equipment.........................................     (52,995)         (181,298)
     Proceeds from sale of premises and equipment...............................     118,297                 -
                                                                                 -----------
         Net cash used by investing activities.................................. (14,913,845)      (46,543,039)
   Financing Activities:
     Net increase (decrease) in non-interest bearing demand deposits............   1,678,585        (2,815,035)
     Net increase in interest bearing demand and savings deposits...............  10,624,127            73,875
     Net increase (decrease) in time deposits...................................  (3,162,711)        1,832,399
     Net increase in borrowed funds.............................................     630,394        41,331,882
     Principal repayment of long-term debt......................................           -            (3,633)
     Cash dividends paid........................................................    (469,451)         (469,453)
                                                                                 -----------       -----------
          Net cash provided by financing activities.............................   9,300,944        39,950,035
                                                                                 -----------       -----------
    Net Decrease in Cash and Cash Equivalents...................................  (4,294,391)       (6,758,895)

   Cash and Cash Equivalents Beginning Balance..................................  16,597,610        30,063,201
                                                                                ------------      ------------
   Cash and Cash Equivalents Ending Balance.....................................$ 12,303,219      $ 23,304,306
                                                                                ============      ============

Supplemental disclosure of cash-flow information:
     Non-cash investing and financial activities:
         Securities purchased not settled.......................................          -        16,026,227
         Securities sold not settled............................................          -        16,813,479
</TABLE>


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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000






CONSOLIDATED STATEMENT OF
CHANGES IN STOCKHOLDERS' EQUITY
Three months ended March 31, 2000 and 1999

                                                          2000          1999
                                                       -----------  -----------
    Balance at January 1,............................  $28,178,961  $36,447,493
    Comprehensive results:
     Net Income......................................    1,340,827    1,284,620
     Unrealized security gain (loss), net of tax.....    1,370,523     (719,971)
     Reclassification adjustment, net of tax.........            -     (197,352)
                                                       -----------  -----------
       Total comprehensive results...................    2,711,350      367,297
       Dividends declared ($0.15 per share 2000,
            $0.15 per share 1999)....................     (469,451)    (469,451)
                                                       -----------  -----------
    Balance at March 31,.............................  $30,420,860   36,345,339
                                                       ===========  ===========



NOTES TO THE 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.  Certain  prior  period  amounts  have been
reclassified to conform to the current period classification.


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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 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 $1,341,000
or $0.43 basic  earnings  per share,  for the three months ended March 31, 2000,
compared to net income of $1,285,000 or $0.41 basic earnings per share,  for the
three  months  ended  March 31,  1999.  Return on  average  assets and return on
average equity were 0.74% and 18.71%,  respectively,  for the three months ended
March 31, 2000 compared to 0.80% and 14.02%, respectively,  for the three months
ended March 31, 1999.

     Total assets at March 31, 2000 increased to $724,660,000, from $668,200,000
at March 31,  1999,  an increase of 8.4%.  Loans  outstanding  at March 31, 2000
increased to  $396,189,000  from  $307,900,000 at March 31, 1999, an increase of
28.7%.  Deposits  increased to $458,417,000 at March 31, 2000, from $430,331,000
at  March  31,  1999,  an  increase  of 6.5%.  Total  stockholders'  equity  was
$30,421,000  at March 31, 2000  compared with  $36,345,000  at March 31, 1999, a
decrease of 16.3%.  Stockholders'  equity,  excluding net  unrealized  gains and
losses,  totalled  $40,904,000  at March 31, 2000,  an increase of $3,532,000 or
9.5% compared to March 31, 1999.  The unrealized  loss on investment  securities
available for sale, a result of market value adjustments,  totalled  $10,483,000
at March 31, 2000,  compared to $1,026,000 at March 31, 1999. If these available
for sale  securities are held to maturity,  no market value  adjustment  will be
realized.


RESULTS OF OPERATIONS
     QUARTER COMPARISON

     Net Income.  Net income for the three months ended March 31, 2000  amounted
to  $1,341,000,  or $0.43 basic  earnings  per share,  compared to net income of
$1,285,000 or $0.41 basic  earnings per share,  for the three months ended March
31, 1999. The increase was the result of an increase in net interest  income and
a decrease in other expense  which was  partially  offset by a decrease in other
income and an increase in provision for loan losses.

     Net Interest  Income.  Net interest income before provision for loan losses
for the three months ended March 31, 2000 amounted to $4,642,000, an increase of
$338,000  or 7.9%,  compared  to the three  months  ended  March 31,  1999.  The
increase  resulted  primarily  from a $73,945,000  increase in average  interest
earning assets.

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000



     Total interest income for the three months ended March 31, 2000 amounted to
$12,942,000,  an increase of $2,030,000  or 18.6%,  compared to the three months
ended March 31,  1999.  The increase  resulted  from the increase in the average
interest  earning  assets and a 41 basis point  increase in the average yield on
earning assets.  Average loans outstanding  increased  $82,777,000 or 27.1% with
average  commercial loans increasing  $36,260,000 or 29.8%,  average real estate
loans  increasing  $24,624,000 or 18.1% and average consumer  installment  loans
increasing $21,893,000 or 45.9%. The average yield on loans decreased from 8.50%
in 1999 to 8.34% in 2000.  Average  investment  securities and other  short-term
investments  outstanding  decreased  $8,832,000  or 2.9% while the average yield
increased from 5.83% in 1999 to 6.59% in 2000.

     Total  interest  expense for the three months ended March 31, 2000 amounted
to $8,300,000,  an increase of $1,692,000 or 25.6%, compared to the three months
ended March 31, 1999.  The increase  resulted  primarily  from an $87,981,000 or
15.8%  increase in average  interest  bearing  liabilities  and a 40 basis point
increase in interest rates paid on such  liabilities.  Average NOW, money market
and  savings  accounts  decreased  $2,114,000  or 1.8%.  Average  time  deposits
increased  $34,099,000 or 28.9%. Average time deposits decreased  $10,628,000 or
3.9%. Average  non-interest  bearing accounts  increased  $2,536,000 or 6.9% and
represented  8.6% of average total deposits for the three months ended March 31,
2000.  Average  borrowed funds increased  $64,519,000 or 42.1%,  and the average
rate paid on borrowed funds increased from 4.92% in 1999 to 5.72% in 2000.

      Provision  for Loan Losses.  The loan loss  provision for the three months
ended  March 31, 2000 was  $180,000,  compared to $75,000 for the same period in
1999.

    Other  Income.  Other  income  for the three  months  ended  March 31,  2000
amounted to  $804,000,  a decrease  of  $196,000 or 19.6%  compared to the three
months ended March 31,  1999.  There were no  securities  gains during the three
months  ended  March  31,  2000,  compared  to net  gains on sale of  investment
securities of $268,000 in 1999. Net gains on sale of loans totalled  $272,000 in
2000, compared to $406,000 for the three months ended March 31, 1999, a decrease
of 33.0%. Other (miscellaneous)  income in 2000 included a $120,000 gain on sale
of former branch property.

     Other  Expense.  Total other  expense for the three  months ended March 31,
2000  amounted to  $3,578,000,  a decrease  of $65,000 or 1.8%,  compared to the
three  months ended March 31, 1999.  Salaries  and employee  benefits  decreased
$90,000 or 5.1%.  Occupancy and  equipment  expense  increased  $39,000 or 6.1%.
Other (miscellaneous) expenses decreased $13,000 or 1.1%.

     Provision  for Income  Taxes.  The provision for income taxes for the three
months  ended March 31, 2000 was  $347,000,  compared to $301,000  for the three
months ended March 31, 1999.  The increase is primarily the result of additional
taxable income.

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000




ASSET QUALITY

         Nonperforming loans totalled $3,605,000 or 0.9% of total loans at March
31, 2000,  compared to  $2,730,000  or 0.7% at December 31, 1999.  Nonperforming
loans at March 31, 2000 consisted of nonaccrual loans totalling  $1,153,000,  90
day delinquent loans of $2,106,000, and restructured loans aggregating $346,000.
Other real estate held totalled $506,000 at March 31, 2000, compared to $536,000
at December 31, 1999.

CAPITAL RESOURCES

         Stockholders'  equity  totalled  $30,421,000  at March  31,  2000.  The
Company's  risk-based capital ratio was 13.8%, of which 13.0% constituted common
stockholder  equity,  while the risk-based  capital ratio for the Company's bank
subsidiary,  Wheeling National Bank, was 13.2%, with common stockholders' equity
of 12.4%. At March 31, 2000 the Company's leverage capital ratio was 7.3%, while
the leverage ratio for Wheeling National Bank was 6.9%.

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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 2000





                                               Three months ended March 31,
                                                 2000                1999
                                           Average   Yield/    Average    Yield/
                                           Balance    Rate     Balance     Rate
INTEREST EARNING ASSETS                     (000's)            (000's)
 Loans
  Commercial.............................  $157,985    8.66%   $121,725    8.57%
  Real estate............................   160,502    7.70     135,878    8.14
  Installment-net........................    69,607    8.27      47,714    8.39
                                           --------            --------
   Total loans   ........................   388,094    8.34     305,317    8.50
 Investment securities
  Taxable................................   234,898    6.87     247,215    6.08
  Tax-exempt.............................    56,738    5.37      47,244    4.62
                                           --------            --------
   Total investment securities   ........   291,636    6.58     294,459    5.84
 Other short-term investments............     2,998    8.10       9,007    5.48
                                           --------            --------
    Total interest earning assets........  $682,728    7.58    $608,783    7.17
                                           ========            ========
INTEREST BEARING LIABILITIES
  Deposits
   NOW, Savings and MMDA.................  $152,115    3.31%   $118,016    2.26%
   Time..................................   263,556    5.54     274,184    5.51
                                           --------            --------
    Total deposits.......................   415,671    4.72     392,200    4.53
  Borrowed funds.........................   217,834    5.72     153,315    4.92
  Long-term debt.........................    12,650    8.70      12,659    8.71
                                           --------            --------
    Total interest
        bearing liabilities..............  $646,155    5.14    $558,174    4.74
                                           ========            ========

MARGIN ANALYSIS
 (as a % of earning assets)
 Interest income.........................              7.58%               7.17%
 Interest expense........................              4.86                4.34
                                                       ----                ----
 Net interest income.....................              2.72%               2.83%
                                                       ====                ====

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.


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AMERICAN BANCORPORATION FORM 10-Q Quarterly Report
March 31, 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  6.  Exhibits and Reports on Form 8-K

          B. Reports on Form 8-K:

              Date                 Item             Description
                     None



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<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)

Date     May 15, 2000                               /s/ Jeremy C. McCamic
                                                    Jeremy C. McCamic
                                                    Chairman and
                                                    Chief Executive Officer


Date     May 15, 2000                               /s/ Brent E. Richmond
                                                    Brent E. Richmond
                                                    Executive Vice President and
                                                    Chief Operating Officer


Date     May 15, 2000                               /s/ Jeffrey A. Baran
                                                    Jeffrey A. Baran
                                                    Chief Financial Officer

                                       12