AIMBank

337 Phelps Avenue
Littlefield, TX 79339

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 3304
Date Established 1925
Assets $1.33 billion
Loans $0.94 billion
Deposits $1.18 billion
Capital $0.14 billion

AIMBank is an FDIC insured institution located in Littlefield, TX. It was founded in 1925 and has approximately $1.33 billion in assets. Customers can open an account at one of its 18 branches.

For a more detailed analysis of AIMBank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in AIMBank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks, AIMBank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.50
Multifamily
Mortgages
0.68
Credit Card Loans 0.00
Consumer Auto Loans 0.35
Small Business Loans 8.57
Construction and Development Loans 8.47
Commercial Real Estate 33.87
Commercial and Industrial Loans 22.83
Farm Loans 7.34

Deposit Rates - November 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $5,000 $14,999 Learn MoreShow Less
Money Market
0.40% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
0.70% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
0.80% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.31% $1,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 $4,999 Learn MoreShow Less

Loan Rates - November 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for AIMBank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
5.069% 5.000% 0.25 $2,073 $1,343 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.625% 5.625% 0.00 $0 $1,440 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings and Loans 4.24% $246 Learn More
Flagstar Bank 5.49% $284 Learn More

Note to AIMBank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

AIMBank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


AIMBank Locations

Financial Details

AIMBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AIMBank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
AIMBank U.S. Bank Average
2.23% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, AIMBank had $255,000 in non-current loans and $3,084,000 in owned real estate. To cover these potential losses it had $138,315,000 in equity and $11,258,000 in loans loss reserves. That gives it a Texas Ratio of 2.23%.

Return on Equity
AIMBank U.S. Bank Average
13.67% 9.77%

AIMBank has a Return on Equity of 13.67% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
AIMBank U.S. Bank Average
10.41% 12.31%

AIMBank has a Capitalization of 10.41% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

AIMBank Balance Sheet Analysis

As of June 30, 2018, AIMBank had assets of $1,329,122,000, loans of $942,776,000, and deposits of $1,178,009,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.10 billion
Interest-bearing balances $0.08 billion
Total securities $0.22 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.94 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.02 billion
All other assets $0.02 billion
     Total Assets $1.19 billion
LIABILITIES
Total deposits $1.18 billion
      Interest-bearing deposits $1.09 billion
      Deposits held in domestic offices $1.18 billion
      % insured (estimated) 66.99%
Federal funds purchased and repurchase agreements $0.01 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.19 billion
      Shareholders’ Equity $0.14 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Aimbank

Branches and Savings

Is Aimbank FDIC insured?

Yes. It is covered under FDIC Certificate #3304.

Why does Aimbank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Aimbank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Aimbank a commercial bank?

Yes

Where are Aimbank locations?

See branch locations nearby.

Is Aimbank open on Saturdays?

Is Aimbank open on Sundays?

What time does Aimbank open?

What time does Aimbank close?

Are Aimbank ATMs Open 24/7?

Do Aimbank ATMs accept cash deposits?

Can Aimbank customers use other ATMs?

Do Aimbank branches have notaries?

Will Aimbank notarize my document?

What address for Aimbank should I put for incoming ACH transfers?

Will the Aimbank branch print checks?

Do Aimbank checks expire?

Does Aimbank require US citizenship to open account?

Can Aimbank close my account?

Does Aimbank Report to credit bureaus?

Does Aimbank Use Equifax?

What is Aimbank's ACH Routing Number?

What is Aimbank's SWIFT code?

Products

Does Aimbank offer mortgages?

Compare mortgage rates here.

Does Aimbank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Aimbank offer personal loans?

Compare personal loan rates here.

Does Aimbank offer student loans?

Will Aimbank cash a check?

Will Aimbank redeem a savings bond?

Does Aimbank cash savings bonds?

Will Aimbank cash money orders?

Can Aimbank issue a money order?

Does Aimbank do currency exchange?

Background on The Bank

Who owns Aimbank?

How long has Aimbank been around?

Can Aimbank transfer to other banks?

Does Aimbank have quick pay?

Does Aimbank accept rolled coins?

Will Aimbank accept loose change?

Where is Aimbank headquarters?

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