10-K/A

                   SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C.  20549

                                 FORM 8

                    AMENDMENT TO APPLICATION OR REPORT
              Filed pursuant to Section 12, 13, or 15(d) of
                   THE SECURITIES EXCHANGE ACT OF 1934

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

                               AMENDMENT NO. 1
                                     to
                         Form 10-K  December 31, 1994



     The undersigned Registrant hereby amends the following items, financial
statements, exhibits or other portions of its Annual Report for the year ended 
December 31, 1994 on Form 10-K as set forth in the pages attached hereto:

    Part IV
     Item 14             Exhibits, Financial Statement Schedules
                          and Reports on Form 8K
     Exhibit No. 27      Financial Data Schedule

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

                                   American Bancorporation


Date: April 24, 1996                      By: /s/ Brent E. Richmond           
                                             Brent E. Richmond
                                              Secretary; Treasurer;
                                               Chief Financial Officer

EX-27

 

<ARTICLE>  9
<MULTIPLIER>  1
       
<PERIOD-TYPE>                YEAR
<FISCAL-YEAR-END>                    DEC-31-1994
<PERIOD-END>                         DEC-31-1994
<CASH>                                10,704,396
<INT-BEARING-DEPOSITS>                         0
<FED-FUNDS-SOLD>                       3,924,000
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>            3,484,431
<INVESTMENTS-CARRYING>                78,189,252
<INVESTMENTS-MARKET>                  74,419,000
<LOANS>                              228,865,744
<ALLOWANCE>                            3,736,994
<TOTAL-ASSETS>                       338,115,635
<DEPOSITS>                           292,340,657
<SHORT-TERM>                          13,398,181
<LIABILITIES-OTHER>                    4,183,778
<LONG-TERM>                            2,000,000
<COMMON>                               7,824,185
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                            18,368,834
<TOTAL-LIABILITIES-AND-EQUITY>       338,115,635
<INTEREST-LOAN>                       14,902,482
<INTEREST-INVEST>                      4,721,175
<INTEREST-OTHER>                         511,494
<INTEREST-TOTAL>                      20,135,151
<INTEREST-DEPOSIT>                     7,030,318
<INTEREST-EXPENSE>                     7,188,999
<INTEREST-INCOME-NET>                 12,946,152
<LOAN-LOSSES>                            215,000
<SECURITIES-GAINS>                         2,634
<EXPENSE-OTHER>                       11,215,049
<INCOME-PRETAX>                        2,577,970
<INCOME-PRE-EXTRAORDINARY>             1,696,319
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                           1,696,319
<EPS-PRIMARY>                               1.13
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<LOANS-PROBLEM>                                0
<ALLOWANCE-OPEN>                       3,543,743
<CHARGE-OFFS>                            837,667
<RECOVERIES>                             405,155
<ALLOWANCE-CLOSE>                      3,736,994
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