AMB Financial Corp. is a savings and loan holding company whose business consists only of the business of American Savings, its principal asset and wholly owned subsidiary. The Company is a community-based financial institution that offers selected financial services to meet the needs of the community it serves, which is primarily northwest Lake County, Indiana. AMB Financial attracts deposits from the general public and uses such deposits to originate and purchase one- to four-family residential mortgages and, to a lesser extent, non-residential real estate, commercial business, consumer, construction, multi-family real estate and land loans. The Company also invests in mortgage-backed securities, investment securities (consisting primarily of United States government obligations) and various types of short-term liquid assets. As of December 31, 2002, the Company had total assets of $149.7 million, deposits of $109.3 million and stockholders equity of $11.8 million.