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Board of Governors of the Federal Reserve System
FRY-6 0MB Number 7100.0297 Approval expires September 30, 2018 Page 1 of 2
Annual Report of Holding Companies-FR Y-6
Report at the close of business as of the end of fiscal year
This Report is required by law: Section 5(c)(1 )(A) of the Bank Holding Company Act (12 U.S.C. § 1844(c)(1}(A)); sections 8(a) and 13(a) of the International Banking Act (12 US.C. §§ 3106(a) and 3108(a)); sections 11(a)(1), 25, and 25A of the Federal Reserve Act (12 U.S.C. §§ 248(a)(1), 602, and 611a); and sections 113,165,312,618, and 809 of the Dodd-Frank Act (12 U.S.C. §§ 5361, 5365, 5412, 1850a(c)(1), and 5468(b)(1)). Return to theappropriate Federal Reserve Bank the original and the number ofcopies specified.
NOTE: The Annual Report of Holding Companies must be signed by one director of the top-tier holding company. This individual sho,uld also be a senior official of the top-tier holding company. In the event that the top-tier holding company does not have an individual who is a senior official and is also a director, the chairman of the board must sign the report. If the holding company is an ESOP/ESOT formed as a corporation or is an LLC, see the General Instructions for the authorized individual who must sign the report. I.John Hall
Name of the Holding Company Director and Official
CEO & DirectorTitle of the Holding Company Director and Official
attest that the Annual Report of Holding Companies (includingthe supporting attachments) for this report date has been prepared in conformance with the instructions issued by the FederalReserve System and are true and correct to the best of myknowledge and belief.With respect to information regarding individuals contained in thisreport, the Reporter certifies that it has the authority to provide thisinformation to the Federal Reserve. The Reporter also certifiesthat it has the authority, on behalf of each individual, to consent or object to public release of information regarding that individual.The Federal Reserve may assume, in the absence of a request forconfidential treatment submitted in accordance with the Board's"Rules Regarding Availability of Information," 12 C.FR. Part 261,that the Reporter M£f. individual consent to public release of alldetails in e rep
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________ _Signature of H in Company irecto and Official
3
For holding companies .@t registered with the SEC-Indicate status of Annual Report to Shareholders:
0 is included with the FR Y-6 report
0 will be sent unde.r separate cover
0 is not prepared
For Federal Reserve Bank Use Only
RSSD ID -- -
C.I.---
-- -- ---
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This report form is to be filed by all top-tier bank holding companies, top-tier savings and loan holding companies, and U.S. intermediate holding companies organized under U.S. law, and by any foreign banking organization that does not meet the requirements of and is not treated as a qualifying foreign banking organization under Section 211.23 of Regulation K (12 C.F.R. § 211 .23). (See page one of the general instructions for more detail of who must file.) The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to, an information collection unless it displays a currently valid 0MB control number.
Date of Report (top-tier holding company's fiscal year-end): December 31, 2017 Month / Day / Year
Reporte(s Legal Entity Identifier (LEI) (20-Character LEI Code)
Reporter's Name, Street, and Mailing Address
American Bancorp Inc. Legal Title of Holding Company
4740 Log Cabin Dr. (Mailing Address of the Holding Company) Street / P.O. Box
Macon GA 31204 City State Zip Code
Physical Location (if different from mailing address)
Person to whom questions about this report should be directed: Brian D. Hawkins CFO
------------
Name Title
478-781-3057Area Code I Phone Number/ Extension
478-781-3074Area Code/ FAX Number
[email protected],:n _______ _E-mail Address
www.americanpridebank.com Address (URL) for the Holding Company's web page
Is confidential treatment requested for any portion � of this report submission? .............................. '1=vese=J In accordance with the General Instructions for this report (check only one),
1. a letter justifying this request is being provided along with the report ...................................................... 0
2. a letter justifying this request has been provided separately ............................................................ 0
NOTE: Information for which confidential treatment is being requested must be provided separately and labeled as "confidential."
Public reporting burden for this infonnation collection is estimated to vary from 1.3 to 101 hours per response. with an average ot 5.50 hours per response, including time to gather and maintain data in the required fonn and to review Instructions and complete the information collection. Send commen1s regarding this burden estimate or any other aspect of this collection of infonnation, including suggestions for reducing this burden to: Secretary. Board of Governors of the Federal Reserve System, 20th and C Streets, NW, washington, DC 20551, and to the Office of Management and Budget. Paperwor1< Reduction Project (7100.0297). washington, DC 20503. 12/2016
n/a
3824261
x
0I -·
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AMERICAN BANCORP INC.
FRY-6 Annual Report of Bank Holding Companies
12/31/2016
Report Item Description Location
1 Annual Report Will be mailed when available
2(a) Organization Chart Included
2(b) Domestic Branch Listing No changes
3 Shareholders Included
4 Directors and Officers Included
AMERICAN BANCORP INC.
FRY-6 Annual Report of Bank Holding Companies
Report Item 2a: Organization Chart
12/31/2016
AMERICAN BANCORP INC. Incorporated in Georgia
No LEI# 4740 Log Cabin Dr. Macon, GA 31204
I I
(100% Ownership)
• I I
AMERICAN PRIDE BANK Incorporated in Georgia
No LEI# 4740 Log Cabin Dr. Macon, GA 31204
Results: A list of branches for your depository institution: AMERICAN PRIDE BANK (ID_RSSD: 3671997).This depository institution is held by AMERICAN BANCORP, INC. (3824261) of MACON, GA.The data are as of 12/31/2016. Data reflects information that was received and processed through 01/10/2017.
Reconciliation and Verification Steps1. In the Data Action column of each branch row, enter one or more of the actions specified below2. If required, enter the date in the Effective Date column
ActionsOK: If the branch information is correct, enter 'OK' in the Data Action column.Change: If the branch information is incorrect or incomplete, revise the data, enter 'Change' in the Data Action column and the date when this information first became valid in the Effective Date column.Close: If a branch listed was sold or closed, enter 'Close' in the Data Action column and the sale or closure date in the Effective Date column.Delete: If a branch listed was never owned by this depository institution, enter 'Delete' in the Data Action column.Add: If a reportable branch is missing, insert a row, add the branch data, and enter 'Add' in the Data Action column and the opening or acquisition date in the Effective Date column.
If printing this list, you may need to adjust your page setup in MS Excel. Try using landscape orientation, page scaling, and/or legal sized paper.
Submission ProcedureWhen you are finished, send a saved copy to your FRB contact. See the detailed instructions on this site for more information.If you are e‐mailing this to your FRB contact, put your institution name, city and state in the subject line of the e‐mail.
Note:To satisfy the FR Y‐10 reporting requirements, you must also submit FR Y‐10 Domestic Branch Schedules for each branch with a Data Action of Change, Close, Delete, or Add.The FR Y‐10 report may be submitted in a hardcopy format or via the FR Y‐10 Online application ‐ https://y10online.federalreserve.gov.
* FDIC UNINUM, Office Number, and ID_RSSD columns are for reference only. Verification of these values is not required.
Data Action Effective Date Branch Service Type Branch ID_RSSD* Popular Name Street Address City State Zip Code County Country FDIC UNINUM* Office Number* Head Office Head Office ID_RSSD* CommentsOK Full Service (Head Office) 3671997 AMERICAN PRIDE BANK 4740 LOG CABIN DRIVE MACON GA 31204 BIBB UNITED STATES 457427 0 AMERICAN PRIDE BANK 3671997OK Full Service 3611779 FORSYTH ROAD BRANCH 4511 FORSYTH ROAD MACON GA 31210 BIBB UNITED STATES 520800 2 AMERICAN PRIDE BANK 3671997OK Full Service 3912971 RUSSELL PARKWAY BRANCH 4001 RUSSELL PARKWAY WARNER ROBINS GA 31088 HOUSTON UNITED STATES 488801 1 AMERICAN PRIDE BANK 3671997
AMERICAN BANCORP INC.
FRY-6 Annual Report of Bank Holding Companies
Report Item 3(1): Shareholders Controlling 5% or More of Voting Securities
None Name & Address
12/31/2016
Country of Citizenship
FRY-6
# of Shares
Annual Report of Bank Holding Companies
%Owned
Report Item 3(2): Shareholders Controlling 5% or More of Voting Securities During the Year, Not Included in Report Item 3(1)
Name & Address None
12/31/2016
Country of Citizenship # of Shares %Owned
AMERICAN BANCORP INC.
FR Y-6Annual Report of Bank Holding Companies
Report Item 4: Principal Shareholders, Directors, and Executive Officers
12/31/2016
Holding HoldingPrincipal Title or Position Title or Position Company Company Subsidiary
Name & Address Occupation with Holding Co. with Subsidiary Shares Owned % Shares Other Companies
Dilipkumar Patel Hotel Owner & Director & Chairman Director & Chairman 50,000 shares 2.3% None See attached listWarner Robins, GA Developer
20,629 warrants
Michael Gilstrap Retired Director & Vice-Chairman Director & Vice-Chairman 10,000 shares 0.3% None NoneByron, GA
Ajitkumar Patel Hotel Owner Director Director 50,000 shares 2.3% None See attached listMacon, GA
20,629 warrants
Bhagu Patel Hotel Owner Director Director 75,000 shares (wife) 3.1% None See attached listJonesboro, GA
20,629 warrants
Dipesh Patel Doctor Director Director 41,000 shares 2.0% None See attached listMacon, GA
19,629 warrants
Maneklal Patel Hotel Owner Director Director 50,000 shares 2.3% None See attached listByron, GA
20,629 warrants
Rasikbhai Patel Hotel Owner Director Director 50,000 shares 2.3% None See attached listMacon, GA
20,629 warrants
John Hall Bank director, CEO, Director Director 0 shares 3.4% None See attached list& President
104,320 options
Brian Hawkins Bank CFO Bank CFO Bank CFO 0 shares 0.8% None None
25,000 options
Andy Flowers Bank CLO Bank SLO Bank SLO 0 shares 1.3% None None
40,000 options
Directors and Officers Business InterestsDilipkumar R. Patel - Chairman
Company Name City & State Line of Business Type of Business
Position Held/Relationship
Ownership Percentage
Beginning Date of
RelationshipPersonally
Guarantee Company Debt
Rang Enterprises Inc. Cordele, GA Motel/Fairfield Inn Corporation President 51% 1997 $0Raman Rama & Sons, LLC Fort Valley, GA Motel/Days Inn LLC Manager 99% 1997 Sold / 02-2016Raman Rama & Sons, LLC Hawkinsville, GA Motel/Best Western LLC Manager 99% 1997 185,450$ Gunatit Hospitality LLC Waycross, GA Hotel/Motel LLC Member of LLC 55% 2006 2,040,750$ Margie Hotel Group, LLC Warner Robins, GA Motel/Fairfield Inn LLC Member of LLC 70% 2003 -$ DBN Hotel Group, LLC Warner Robins, GA Motel/Candlewood Suites LLC Member of LLC 69% 2007 -$ Sweta Investment Group LLC Warner Robins, GA Motel/Courtyard LLC Member of LLC 70% 2010 8,818,691$ Sweta Investment Group LLC Warner Robins, GA Office Building LLC Member of LLC 70% 2008 185,593$ Divine Development Group LLC Warner Robins, GA Development Company LLC Member of LLC 99% 2004 -$ North Columbia Hotel Group, LLC Milledgeville, GA Motel/Fairfield Inn LLC Member of LLC 51% 2008 -$ ARC Hotel Group, LLC Cordele, GA Motel/Holiday Inn Express LLC Member of LLC 51% 2008 -$ Triangle Hospitality LLC Macon, GA Motel/Springhill Suites LLC Member of LLC 30% 2009 6,064,000$ Augusta Lodging Group, LLC Augusta, GA Motel/Springhill Suites LLC Member of LLC 70% 2008 9,279,162$ Triangle Hospitality LLC Macon, GA Land LLC Member of LLC 30% 2008 520,679$ Pride Hospitality LLC Stockbridge, GA Motel/Fairfield Inn LLC Member of LLC 45% 2008 7,891,093$ Majestic Hospitality LLC Stockbridge, GA Land LLC Member of LLC 5% 2008 825,967$ Ripal & Rupal, LLC Augusta, GA Motel / Residence Inn LLC Member of LLC 70% 2011 12,850,000$ Gujarat Hotel Group, LLC Albany, GA Motel / TPS by Marriott LLC Member of LLC 25% 2015 5,352,500$ Tuscany Hotel, LLC Lithia Springs, GA Motel / Courtyard / Fairfield LLC Member of LLC 50% 2015 15,714,000$ Greater Atlanta Hotel Group, LLC Alpharetta, GA Motel / Aloft LLC Member of LLC 50% 2015 13,371,270$ Eqity Hotels Group, LLC Dallas, TX Motel / Courtyard / Fairfield LLC Member of LLC 19.5% 2015 562,000$ Creative Hospitality, LLC Warner Robins, GA Motel/Holiday Inn Express LLC Member of LLC 19% 2014 5,805,745$ Avalon Hospitality, LLC Mcdonough, GA Motel / Residence Inn LLC Member of LLC 35% 2016 11,400,000$ Peachstate Hospitality, LLC Warner Robins, GA Management Company LLC Member of LLC 33.34% 2007 0
Directors and Officers Business Interests Michael Gilstrap - Vice Chairman
Company Name City&State
None
Line of Business Type of Business Position Held/Relationship Ownership Percentage Beginning Date of Relationship Personally Guarantee Company Debt
Directors and Officers Business Interests Ajitkumar A. Patel
Company Name
Triangle Hospitality, LLC
MABAP,lnc
Novas Properties, LLC
Premier Hotel Group
Elite Hotel Management, LLC
Triangle Hospitality LLC
DRAP Douglas LLC
FOCUS HOSPITALITY LL(
Sheta Inc
Kirti Enterprises
Komal Enterprises, Inc.
Ajit Hospitality Inc.
HARP Lodging LLC
DRAP Florida Lodging LLC
DRAP Lodging LLC
DRAP Columbus LLC
Triangle Lodging LLC
Novas Properties, LLC
PAR Hotel, LLC
City&State
Macon,GA
Warner Robins, GA
Lavonia, GA
Commerce, GA
Commerce, GA
Macon, GA
Douglas, GA
Byron, GA
Macon,GA
Macon, GA
Byron, GA
Macon,GA
Macon,GA
Jacksonville, FL
Norcross, GA
Columbus, GA
Macon,GA
Commerce, GA
Perry, GA
Line of Business
Land
3 Convenience Stores w/long term leases
Shopping Center
Shopping Center & Hotel
Hotel/ Fairfiled Inn & Suites
Hotel / Spring Hill Suites
Hotel/ Hampton Inn
Hotel / Comfort Suites
Hotel / Days Inn
Hotel/ Best Western
Hotel/ Best Western
Hotel/ Best Western Hotel/ Comfort Inn & Suites (under constructi,
Hotel / Holiday Inn Express
Hotel / Hampton Inn
Hotel / Holiday Inn
Hotel/ Country Inn & Suites
Hotel / Days Inn
Hotel / Microtel
Type of Business
LLC
Subchapter S Corporation
LLC
Subchapter S Corporation
LLC
LLC
LLC
LLC
Subchapter S Corporation
Subchapter S Corporation
Subchapter S Corporation
Subchapter S Corporation
LLC
LLC
LLC
LLC
LLC
LLC
LLC
Position Held/Relationship
Member
Director
Member
Director
Member
Member
Member
Managing Member
President
President
President
President
Manager
Member
Member
Member
Member
Member
Member
Ownership Percentage Beginning Date of Relationship Personally Guarantee Company Debt
20% 2007 $700,000
25% 2000 $0
90% 2011 $500,000
27.5% 2008 $0 40% 2009 $3,900,000
20% 2007 $6,000,000
30% 2015 $2,225,000
30% 2008 $1,800,000
100% 1990 $1,000,000
50% 1996 $780,000
10% 1997 $0
50% 2000 $0 40% 2014 $2,400,000
40% 2014 $3,180,000
40% 2014 $5,625,000
30% 2015 $1,000,000
20% 2015 $0
90% 2015 $1,000,000 37% 2015 $2,100,000
Directors and Officers Business Interests Bhagu M. Patel
Company Name
B M Investments, Inc.
TJJ Investments, LLC
EL Padrino Inc.
TJJ Investments, LLC
TJJ Investments, LLC
TJJ Investments, LLC
City& State
Morrow,GA
Jenning, FL
Denver, CO
Riverside, CA
Morrow, GA
Butts/Lamar County, GA
Line of Business
Limited Service Motel
Land
Rental Property
Vacant Land
Rental Property
Vacant Land
Type of Business
Subchapter S Corporation
LLC
Subchapter S Corporation
LLC
LLC
LLC
... Position Held/Relationship Ownership Percentage Beginning Date of Relationship Personally Guarantee Company
Debt President/Owner 40% 1995 $0
Manager/President 100% 2003 $0 President 20% 1989 $0
Owner 100% 1974-1998 $0 President/Manager 100% 2003 $0
Owner 100% 2001 $0
Directors and Officers Business Interests Dipesh R. Patel, M.D.
Company Name City &State
Ayush Hospitality LLC Macon, GA
N&D Development LLC Macon, GA
Suhani Development LLC Macon, GA
1008 Sheraton LLC Macon, GA
Line of Business Type of Business
Hotel LLC
Land LLC
Land LLC
Land General Partnership
Position Held/Relationship Ownership Percentage Beginning Date of Relationship Personally Guarantee Company Debt
Partner 10% 2007 $285,000
Partner 35% 2007 $285,000
Wife is a partner 40% 2008 $0.00
Wife is a partner 20% 2008 $280,000
Directors and Officers Business Interests Maneklal G. Patel
Company Name
Ganesh Corp/Days Inn
Govinda Corp/Home Place Inn and Suites
MABAP Inc.
Triangle Hospitality
City&State
Byron, GA
Macon, GA
Byron, GA
Warner Robins, GA
Line of Business Type of Business
Lodging Corporation
Lodging Corporation
Convenience Store Corporation
Lodging LLC
Position Held/Relationship Ownership Percentage Beginning Date of Relationship Personally Guarantee Company
Debt
President 100% 1982 $895,000 President 60% 1991 $580,000 President 25% 2001 $0 Member 20% 2007 $9,000,000
Directors and Officers Business Interests Rasikbhai B. Patel
Company Name
UMYA, Inc.
Deesha Enterprises, Inc.
Heidi Enterprises, Inc.
GWD Hospitality Group, LLC
Umiya Hotel Group, LLC
M. T. R. Hotels, LLC
Easley Hospitality Group, LLC
Oakridge Hotel Group, LLC
Millennium Hotel Group, LLC
Triangle Hospitality, LLC
Ress Investments, LLC
Lynchburg Hotel Group, LLC
Grandview Hotel Group, LLC
MARC Hotel Group, LLC
Noble Hotel, LLC
Seema Financials & Mgmt, Inc.
Harris Land, LLC
ATL Hotel Group, LLC
DRAP Florida, LLC
lshaanMaya, LLC
City & State
Dublin, GA
Anderson, SC
Greenwood, SC
Greenwood, SC
Anderson, SC
Greenville, SC
Easley, SC
Oak Ridge, TN
Greenville, SC
Macon, GA
Anderson, SC
Lynchburg, VA
Birmingham, AL
Birmingham, Al
Auburn, GA
liberty, MO
Atlanta, GA
Jacksonville, FL Perry, GA Atlanta, Ga Jacksonville, FL
Macon, GA
line of Business
Hotel/Quality Inn
Hotel/Hampton Inn
Hotel/Hampton Inn
Hotel/Fairfield Inn & Suites
Hotel/Holiday Inn
Hotel/Days Inn & Suites
Hotel/Hampton Inn
Hotel/Comfort Inn
Hotel/Homewood Suites
Hotel/Spring Hill Suites
Hotel/Hampton Inn North
Hotel/Hilton Garden Inn
Hotel/Proposed Holiday Inn
Proposed aloft
Hotel/Proposed Comfort Suites
Hotel/Fairfield Inn & Suites
Vacant Land
Hotel/Hilton Garden Inn
Hotel/Holiday Inn Express Hotels. Invests in various other
hotel LLCs
Type of Business
Corporation
Corporation
Corporation
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
Corporation
LLC
LLC
LLC
LLC
Position Held/Relationship
President
Partner
Partner
Partner
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Partner
Partner/Member
Partner/Member
Partner/Member
Partner/Member
Ownership Percentage
25%
15%
20%
10%
10%
10%
10%
5%
15%
20%
2%
5
8%
8%
10%
5%
25%
5%
10%
Varies, depending on property, but
maxof 10.4%
Beginning Date of Relationship
9/8/1992
11/22/1993
10/2/1995
8/30/2002
8/1/2003
5/5/2006
8/15/2003
6/20/2007
6/20/2008
1/1/2007
2009
7/23/2008
4/28/2008
4/28/2008
9/1/2008
2/10/2004
2011
8/22/2014
10/02/2014
7/18/2013
Personally Guarantee Company Debt
$180,190
$0
$0
$0
$0
$188,674
$0
$204,498
$1,244,199
$1,233,033
$78,362
$0
$0
$0
$0
$0
$32,039
$0
$0
$0
Directors and Officers Business Interests John F Hall
Company Name City&State
George H. Hall Family Macon,GA
Partnership, LP. John F. Hall Family Trust Macon, GA
George H. Hall Jr. Family Trust Macon, GA
Qtip Trust U/W George H. Hall Macon,GA
Sr. GHJH, LLC Macon,GA
Line of Business
Ownership marketable securities
Trust created by grandfather for
children of John Hall
Trust created by grandfather for
children of George Hall, Jr. Own & transfer assets under trust
Ownership of assets by children of
John Hall & Georgia Hall, Jr.
Type of Business Position Held/Relationship
Limited Partnership General Partner & Limited Partner
Trust Trustee
Trust Agent for Trustee
Trust Trustee
LLC Managing Member
Ownership Percentage
50%
0%
0%
0%
0%
Beginning Date of Relationship
2000
2009
2009
2007
2009
Personally Guarantee Company Debt $0
$0
$0
$0
$0
