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                                                                    EXHIBIT 10.5


                ADDENDUM TO SECOND RESTATED EMPLOYMENT AGREEMENT

         This Addendum to the Second Restated Employment Agreement is dated
this 14th day of May, 1998 (the "Effective Date"), between American Bank of
Bradenton ("Employer"), whose address is 4702 Cortez Road West, Bradenton,
Florida 34210 and David R. Mady ("Employee"), whose address is 3209 Riverview
Boulevard West, Bradenton, Florida 34205.


                                  WITNESSETH:

         WHEREAS, Employer and Employee have entered into a Second Restated
Employment Agreement dated June 30, 1995, whereby Employee agreed to develop
and operate a wholesale residential mortgage loan department of Employer;

         WHEREAS, Employee is currently employed by Employer under the terms
and conditions of the Second Restated Employment Agreement;

         WHEREAS, the parties desire to amend certain provisions of the Second
Restated Employment Agreement by the terms of this Addendum;

         NOW, THEREFORE, in consideration of the mutual covenants contained
herein, and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, Employer and Employee agree as follows:

         1.   Employment. Employer hereby employs Employee, and Employee hereby
accepts the employment, upon the terms and conditions of the Second Restated
Employment Agreement as amended by this Addendum. To the extent that this 
Addendum conflicts with the Second Restated Employment Agreement, this Addendum
shall control. The Second Restated Employment Agreement shall continue accept as
modified herein.

         2.   Term. The initial term of this Agreement shall be four (4) years.
Thirty (30) days prior to the first anniversary of this Addendum, either party
may give the other written notice that this Agreement shall not be renewed upon
the lapse of the original four (4) year term. If no notice of termination is
given thirty (30) days prior to the first anniversary, the term shall
automatically be extended annually on a three (3) year revolving basis unless
one or both parties shall give written notice to the other of an intent to
terminate thirty (30) days prior to an anniversary date. Once a timely written
notice of termination is delivered, this Agreement shall terminate three (3)
years after the anniversary date following the notice of termination. For
example, should Employer give Employee written notice of its intent not to renew
thirty (30) days prior to the first anniversary of this Addendum, this
Agreement shall terminate at the end of the original four (4) year term. If
thirty (30) days prior to the second anniversary of this Addendum, Employer
shall give Employee written notice of its intent to terminate, this Agreement
shall terminate three (3) years from the second anniversary date. Notice as
specified by this provision shall be in writing, sent certified mail to the
other party at its last known address.

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         3.    Change of Control. If Employer changes its name or a single
entity acquires fifty percent (50%) or more of Employer's outstanding shares,
Employer shall immediately pay Employee a lump sum payment equal to the amount
of Employee's previous annual compensation as shown on Employee's W-2 wage
statement. This Agreement shall not be affected by the payment required by this
provision.

         4.    Binding Effect. The Second Restated Employment Agreement and 
this Addendum shall be binding upon Employer, its successors,
successors-in-interest, assigns and any purchaser of a controlling interest in
shares and/or of Employer's assets, and shall be disclosed to any prospective
purchaser of a controlling interest in Employer's shares and/or assets prior to
any such purchase.

         5.    Commission Rebates. If Employee has been paid commissions on
any loan for which payments are ninety (90) days past due, Employee shall
return the commissions earned on the non-accruing loan. Employee shall not be
entitled to a return of the commissions until the subject loan becomes current
for ninety (90) days or is sold.



WITNESSES                                 EMPLOYER:
as to Employer:                           AMERICAN BANK OF BRADENTON

/s/ LYNDA G. GRAY                         By: /s/ GERALD ANTHONY
-------------------------------------        ----------------------------------
Print Name:                                       Gerald L. Anthony
          ---------------------------


WITNESSES                                 EMPLOYEE:
as to Employee:


/s/ JULIE FRANKE                          By: /s/ DAVID R. MADY
-------------------------------------       ----------------------------------
Print Name:  Julie Franke                         David R. Mady
          ---------------------------


/s/ MELISSA HONE
-------------------------------------
Print Name:  Melissa Hone
           --------------------------