Alamerica Bank

2170 Highland Avenue
Birmingham, AL 35205

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35314
Date Established 2000
Assets $0.04 billion
Loans $0.03 billion
Deposits $0.02 billion
Capital $0.01 billion

Alamerica Bank is an FDIC insured institution located in Birmingham, AL. It was founded in 2000 and has approximately $0.04 billion in assets.

For a more detailed analysis of Alamerica Bank'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 Alamerica Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Alabama, Alamerica Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 20.73
Multifamily
Mortgages
8.20
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 22.52
Construction and Development Loans 18.67
Commercial Real Estate 32.56
Commercial and Industrial Loans 14.36
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
1.00% $5,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.15% $300 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.21% $5,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $2,500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $1,499 Learn MoreShow Less
INTCK2.5K
0.10% $1,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Alamerica Bank

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Alamerica Bank
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Branches

Alamerica Bank 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


Alamerica Bank Locations

Financial Details

Alamerica Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alamerica Bank. 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
Alamerica Bank U.S. Bank Average
107.47% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Alamerica Bank had $1,991,000 in non-current loans and $4,870,000 in owned real estate. To cover these potential losses it had $5,911,000 in equity and $473,000 in loans loss reserves. That gives it a Texas Ratio of 107.47%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Alamerica Bank U.S. Bank Average
2.01% 8.58

Alamerica Bank has a Return on Equity of 2.01% versus the BestCashCow average of 8.58. 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
Alamerica Bank U.S. Bank Average
16.25% 12.11

Alamerica Bank has a Capitalization of 16.25% versus the BestCashCow average of 12.11. 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.

Alamerica Bank Balance Sheet Analysis

As of June 30, 2017, Alamerica Bank had assets of $36,366,000, loans of $26,951,000, and deposits of $24,503,000. 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.

Frequently Asked Questions About Alamerica Bank

Branches and Savings

Is Alamerica Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35314.

Why does Alamerica Bank pay such low interest on savings accounts?

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

Why are Alamerica Bank CD rates not competitive?

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

Is Alamerica Bank a commercial bank?

Yes

Where are Alamerica Bank locations?

See branch locations nearby.

Is Alamerica Bank open on Saturdays?

Is Alamerica Bank open on Sundays?

What time does Alamerica Bank open?

What time does Alamerica Bank close?

Are Alamerica Bank ATMs Open 24/7?

Do Alamerica Bank ATMs accept cash deposits?

Can Alamerica Bank customers use other ATMs?

Do Alamerica Bank branches have notaries?

Will Alamerica Bank notarize my document?

What address for Alamerica Bank should I put for incoming ACH transfers?

Will the Alamerica Bank branch print checks?

Do Alamerica Bank checks expire?

Does Alamerica Bank require US citizenship to open account?

Can Alamerica Bank close my account?

Does Alamerica Bank Report to credit bureaus?

Does Alamerica Bank Use Equifax?

What is Alamerica Bank's ACH Routing Number?

What is Alamerica Bank's SWIFT code?

Products

Does Alamerica Bank offer mortgages?

Compare mortgage rates here.

Does Alamerica Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Alamerica Bank offer personal loans?

Compare personal loan rates here.

Does Alamerica Bank offer student loans?

Will Alamerica Bank cash a check?

Will Alamerica Bank redeem a savings bond?

Does Alamerica Bank cash savings bonds?

Will Alamerica Bank cash money orders?

Can Alamerica Bank issue a money order?

Does Alamerica Bank do currency exchange?

Background on The Bank

Who owns Alamerica Bank?

How long has Alamerica Bank been around?

Can Alamerica Bank transfer to other banks?

Does Alamerica Bank have quick pay?

Does Alamerica Bank accept rolled coins?

Will Alamerica Bank accept loose change?

Where is Alamerica Bank headquarters?

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