-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N4bYFj/xPJvy8RlZ/swWP7vxpaatyPlVxPFU/4AtT9USMGj6s5I8dkXjnc2UnaWq IjhQIOBgMuj5MlgPkLjK6w== 0001125282-06-004725.txt : 20060808 0001125282-06-004725.hdr.sgml : 20060808 20060808172343 ACCESSION NUMBER: 0001125282-06-004725 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060808 DATE AS OF CHANGE: 20060808 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICASBANK CORP CENTRAL INDEX KEY: 0001040491 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 521948980 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-51921 FILM NUMBER: 061014255 BUSINESS ADDRESS: STREET 1: 500 YORK RD CITY: TOWSON STATE: MD ZIP: 21204 BUSINESS PHONE: 4108255580 MAIL ADDRESS: STREET 1: 250 E PRATT ST CITY: BALTIMORE STATE: MD ZIP: 21201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RESOURCE AMERICA INC CENTRAL INDEX KEY: 0000083402 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 720654145 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1845 WALNUT STREET STREET 2: SUITE 1000 CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 215-546-5005 MAIL ADDRESS: STREET 1: 1845 WALNUT STREET STREET 2: SUITE 1000 CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE EXPLORATION INC DATE OF NAME CHANGE: 19890214 FORMER COMPANY: FORMER CONFORMED NAME: SMTR CORP DATE OF NAME CHANGE: 19700522 SC 13G 1 b414398_sc13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* AMERICASBANK CORP. (Name of Issuer) COMMON STOCK, $.01 PAR VALUE (Title of Class of Securities) 03061G 30 2 (CUSIP Number) March 6, 2006 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 03061G 30 2 ________________________________________________________________________________ 1. NAMES OF REPORTING PERSONS; I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resource America, Inc. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 265,000 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 265,000 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 265,000 ________________________________________________________________________________ 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.94% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON CO ________________________________________________________________________________ CUSIP No. 03061G 30 2 ________________________________________________________________________________ 1. NAMES OF REPORTING PERSONS; I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resource Financial Fund Management, Inc. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 265,000 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 265,000 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 265,000 ________________________________________________________________________________ 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.94% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON CO ________________________________________________________________________________ CUSIP No. 03061G 30 2 ________________________________________________________________________________ 1. NAMES OF REPORTING PERSONS; I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resource Financial Institutions Group, Inc. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 265,000 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 265,000 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 265,000 ________________________________________________________________________________ 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.94% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON CO ________________________________________________________________________________ Item 1. (a) Name of Issuer AmericasBank Corp., a Maryland corporation (the "Company"). (b) Address of Issuer's Principal Executive Offices 500 York Road Towson, Maryland 21204 Item 2(a) Name of Person Filing Item 2(b) Address of Principal Business Office or, if none, Residence Item 2(c) Citizenship Resource America, Inc. 1845 Walnut Street, 10th Floor Philadelphia, PA 19103 Delaware corporation Resource Financial Fund Management, Inc. 1845 Walnut Street, 10th Floor Philadelphia, PA 19103 Delaware corporation Resource Financial Institutions Group, Inc. 712 5th Avenue, 10th Floor New York, New York 10019 Delaware corporation Item 2(d) Title of Class of Securities Common Stock, $0.01 par value per share ("Common Stock") Item 2(e) CUSIP Number 03061G 30 2 Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of the date of this filing, Resource America, Inc., a publicly-held corporation ("RAI"), Resource Financial Fund Management, Inc. ("RFFM") and Resource Financial Institutions Group, Inc. ("RFIG"), each may be deemed the beneficial owner of (i) 95,045 shares of Common Stock held by Compass Island Partners, L.P., (ii) 62,810 shares of Common Stock held by Cradle Cove Partners, L.P. and (iii) 107,145 shares of Common Stock held by Compass Island Partners A, L.P. (each entity referred to in (i) through (iii) is herein referred to as a "Fund" and, collectively, as the "Funds"). RFIG is the general partner and acts as the investment manager of each of the Funds and has voting and dispositive power over the securities held by the Funds. RFIG is a wholly-owned subsidiary of RFFM. RFFM is a wholly-owned subsidiary of RAI. As a result, RFIG, RFFM and RAI may be deemed to beneficially own all shares of Common Stock held by the Funds, an aggregate of 265,000 shares of Common Stock. RFFM and RAI each disclaim beneficial ownership of the shares of Common Stock owned by the Funds and the filing of this statement shall not be construed as an admission that any such person is the beneficial owner of any such securities. (b) Percent of class: Based on the quarterly report on Form 10-QSB filed by the Company on May 11, 2006, there were 2,666,702 shares of Common Stock outstanding as of May 5, 2006. Therefore, each of RFIG, RFFM and RAI may be deemed to beneficially own 9.94% of the outstanding shares of Common Stock. (c) Number of shares as to which each Reporting Person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote See Item 4(a) above. (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of See Item 4(a) above. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] Item 6. Ownership of More than Five Percent on Behalf of Another Person This Schedule 13G is filed by RAI, RFFM and RFIG with respect to Common Stock held by RFIG's investment funds. Each limited partner of each fund has the right to receive dividends from, and the proceeds from the sale of, securities held in each fund. No such limited partner has any of the foregoing rights with respect to more than five percent of the class of securities. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable Item 9. Notice of Dissolution of Group Not applicable Item 10. Certification By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. RESOURCE AMERICA, INC. /s/ Darshan V. Patel -------------------------------------------- Name: Darshan V. Patel Title: Vice President RESOURCE FINANCIAL FUND MANAGEMENT, INC. /s/ Darshan V. Patel -------------------------------------------- Name: Darshan V. Patel Title: Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary RESOURCE FINANCIAL INSTITUTIONS GROUP, INC. /s/ Shivan Govindan -------------------------------------------- Name: Shivan Govindan Title: Vice President Date: August 8, 2006 EXHIBIT A AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: August 8, 2006 RESOURCE AMERICA, INC. /s/ Darshan V. Patel -------------------------------------------- Name: Darshan V. Patel Title: Vice President RESOURCE FINANCIAL FUND MANAGEMENT, INC. /s/ Darshan V. Patel -------------------------------------------- Name: Darshan V. Patel Title: Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary RESOURCE FINANCIAL INSTITUTIONS GROUP, INC. /s/ Shivan Govindan -------------------------------------------- Name: Shivan Govindan Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----