Panamerican Bancorp (AMEX:PNB)
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American Stock Exchange Lists Common Stock of PanAmerican Bancorp
NEW YORK, May 14 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of PanAmerican Bancorp under the ticker symbol
PNB.
PanAmerican Bancorp is the holding company for PanAmerican Bank, an independent
community bank serving customers through branches located from Miami to Boca
Raton, Florida. The Bank provides a range of personal and business banking
services, certificates of deposit, loans, residential mortgages, and investment
and trust services. At year-end 2003, Pan American Bank is a $170 million
asset bank up from $100 million and recently acquired the assets of Gulf Bank
of Miami as part of its growth strategy of acquiring assets of troubled banks.
"We are pleased to welcome PanAmerican Bancorp to the American Stock Exchange,"
said John McGonegal, senior vice president of the Amex Equities Group. "We
look forward to working with PanAmerican Bancorp and helping them build
long-term shareholder value to increase opportunities for future growth."
"PanAmerican Bancorp is pleased to have our common stock trading on the
American Stock Exchange," said Michael Golden, Chairman of PanAmerican Bancorp.
"We look forward to a long and successful relationship with the Amex."
The specialist in PanAmerican Bancorp will be Cohen Specialists, LLC. For
further information on PNB and other Amex-listed companies, please visit
http://www.amex.com/.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks. For more information,
please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange
CONTACT: Lynn Duffy of American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/