Exhibit 99.1

AmericasBank Corp. Reports Fourth Quarter and Full-Year 2004 Performance

    TOWSON, Md.--(BUSINESS WIRE)--March 14, 2005--AmericasBank Corp.
(OTCBB:AMBB), the parent company of AmericasBank, today announced
financial results for the quarter and year ended December 31, 2004,
including a narrower sequential quarterly loss and good underlying
momentum in loan growth and non interest income.

    Reflecting continuing progress in its turnaround efforts, the
company incurred a lower net loss of $264,089 or $(0.07) per basic and
diluted common share for the quarter ended December 31, 2004. This
compares to a net loss of $346,810 or $(0.09) per basic and diluted
common share for the quarter ended September 30, 2004, and a net loss
of $318,931 or $(0.49) basic and diluted common share for the quarter
ended December 31, 2003.

    For the year ended December 31, 2004, the net loss was $1,294,978
or $(0.41) per basic and diluted common share, compared to a net loss
of $1,118,761 or $(1.84) per basic and diluted common share for the
year ended December 31, 2003.

    "The first half of 2004 was a rebuilding period for AmericasBank,"
said President and CEO Mark Anders, who was hired in July, 2003 to
lead a turnaround of AmericasBank Corp. "We raised $5 million from a
secondary public offing in the first quarter, hired new operating
management and staff in the second quarter, expanded our products and
services in the third quarter and, in the fourth quarter, began to see
tangible results from these activities with a significant growth in
loans."

    "We believe the acquisition of uvm Mortgage Marketing, Inc., a
Towson-based mortgage banking firm, in October 2004 should increase
fee income production from the bank's mortgage lending activities as
we move into early 2005," said Anders. "We do not expect long term
interest rates to remain as low as they have been since early 2003,
but our strategy is to be a niche player offering the creativity,
responsiveness and flexibility 'mergered' out of most banks and not
available from other mortgage purveyors. Our philosophy is that
interest rates are a factor only when price is the essence of your
value proposition."

    "The board is very pleased with the progress made by our new
leadership team in their eighteen month tenure with the company. They
have worked diligently to strengthen the financial and operational
condition of the Bank, building a sound foundation for growth and
profitability," commented Lee W. Warner, Chairman.

    Anders has now turned the attention of his management team to
increasing the core deposit base of AmericasBank. "We believe we have
found a solution to the lack of loan and fee income growth that has
dogged AmericasBank since its inception; our goal now is to develop a
compelling value proposition for the many deposit-rich professional
service companies in our Towson and Baltimore markets," commented
Anders. "We have expanded our commercial and retail cash management
products, and now offer internet banking services to both our
commercial and retail customers. The marketing campaigns to introduce
these products to targeted segments have commenced and will be
expanded in 2005."

    Loans and leases at December 31, 2004 were $ 31.2 million, or
102.6% above the $15.4 million reported at December 31, 2003, and
72.0% above loans and leases reported at June 30, 2004. Total assets
have increased to $40.1 million at December 31, 2004 from $27.1
million at December 31, 2003, a $13.0 million or 48.3% increase, with
$10.0 million or 76.6% of the increase occurring in the last six
months of the year. Total deposits increased to $34.6 million at
December 31, 2004, from $25.4 million at December 31, 2003, a 36.1%
increase. The majority of the deposit increase was from the bank's
successful marketing efforts to raise deposits via the internet and
print advertising.

    About AmericasBank Corp.

    AmericasBank Corp. is the parent company of AmericasBank, a
Maryland-chartered commercial bank headquartered in Towson, Maryland.
AmericasBank is dedicated to contributing to the growth and prosperity
of the communities it serves, with a special focus on serving the
needs of the business community and promoting home ownership.

    The statements in this press release that are not historical facts
constitute "forward-looking statements" as defined by Federal
Securities laws. Such statements, regarding AmericaBank Corp.'s
anticipated future results of operations, are subject to risks and
uncertainties that could cause actual results to differ materially
from future results expressed or implied by such forward-looking
statements. Potential risks and uncertainties include, but are not
limited to, the possible loss of key personnel; regulatory
restrictions under which AmericasBank Corp. and AmericasBank are
operating; changes in interest rates, deposit flows and loan demand;
as well as changes in economic, competitive, governmental, regulatory,
technological and other factors which may affect AmericasBank Corp. or
AmericasBank specifically or the banking industry generally.
Forward-looking statements speak only as of the date they are made.
AmericasBank Corp. will not update forward-looking statements to
reflect factual assumptions, circumstances or events that have changed
after a forward-looking statement was made. For further information,
please refer to the AmericasBank Corp's filings with the U.S.
Securities and Exchange Commission and available at their web site
www.sec.gov.

    CONTACT: AmericasBank Corp.
             Mark Anders, 443-921-0804