All American Bank

Headquarters

9380 West Ballard Road
Des Plaines, IL 60016
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 1.05% →
2-Year CD N.A. 1.11% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

All American Bank is an FDIC insured institution located in Des Plaines, IL. It was founded in 2005 and has approximately $0.03 billion in assets.

Closed by FDIC on October 28, 2011 and assets transferred to International Bank of Chicago.

FDIC Insured Yes
FDIC Certificate # 57759
Date Established 2005
Assets $ 34.80 million
Loans $ 24.01 million
Deposits $ 30.54 million
Capital $ 0.70 million
 

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

Deposit Rates - August 13, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - August 13, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for All American Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
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NMLS ID: 2890
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2.914% 2.875% 0.50 $1,250 $1,038 Learn More
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3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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4.000 %
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Third Federal Savings and Loans
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2.990 %
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Note to All American Bank
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Branches

All American 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:
Fairfield,Connecticut


All American Bank Locations


Financial Details

All American Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of All American 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
All American Bank U.S. Bank Average
174.71% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, All American Bank had $4,211,000 in non-current loans and $688,000 in owned real estate. To cover these potential losses it had $701,000 in equity and $2,103,000 in loans loss reserves. That gives it a Texas Ratio of 174.71%.

Return on Equity
All American Bank U.S. Bank Average
-137.48% 7.80%

All American Bank has a Return on Equity of -137.48% versus the BestCashCow average of 7.80%. 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
All American Bank U.S. Bank Average
2.01% 12.68%

All American Bank has a Capitalization of 2.01% versus the BestCashCow average of 12.68. 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.

All American Bank Balance Sheet Analysis

As of September 30, 2011, All American Bank had assets of $34,800,000, loans of $24,005,000, and deposits of $30,542,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 24.01 million
Loan loss allowance $ 2.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.69 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 30.54 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 34.80 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in All American Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, All American Bank’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About All American Bank

Branches and Savings

Is All American Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57759.

Why does All American Bank pay such low interest on savings accounts?

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

Why are All American Bank CD rates not competitive?

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

Is All American Bank a commercial bank?

Yes

Where are All American Bank locations?

See branch locations nearby.

Is All American Bank open on Saturdays?

Is All American Bank open on Sundays?

What time does All American Bank open?

What time does All American Bank close?

Are All American Bank ATMs Open 24/7?

Do All American Bank ATMs accept cash deposits?

Can All American Bank customers use other ATMs?

Do All American Bank branches have notaries?

Will All American Bank notarize my document?

What address for All American Bank should I put for incoming ACH transfers?

Will the All American Bank branch print checks?

Do All American Bank checks expire?

Does All American Bank require US citizenship to open account?

Can All American Bank close my account?

Does All American Bank Report to credit bureaus?

Does All American Bank Use Equifax?

What is All American Bank's ACH Routing Number?

What is All American Bank's SWIFT code?

Products

Does All American Bank offer mortgages?

Compare mortgage rates here.

Does All American Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does All American Bank offer personal loans?

Compare personal loan rates here.

Does All American Bank offer student loans?

Will All American Bank cash a check?

Will All American Bank redeem a savings bond?

Does All American Bank cash savings bonds?

Will All American Bank cash money orders?

Can All American Bank issue a money order?

Does All American Bank do currency exchange?

Background on The Bank

Who owns All American Bank?

How long has All American Bank been around?

Can All American Bank transfer to other banks?

Does All American Bank have quick pay?

Does All American Bank accept rolled coins?

Will All American Bank accept loose change?

Where is All American Bank headquarters?

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