AmBank

1609 N Swan Street
Silver City, NM 88061

Notable Rates APY Vs.Others
Savings N.A. 2.30% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

AmBank is an FDIC insured institution located in Silver City, NM. It was founded in 1997 and has approximately $0.12 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34302
Date Established 1997
Assets $0.12 billion
Loans $0.06 billion
Deposits $0.10 billion
Capital $0.02 billion
 

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

Deposit Rates - December 5, 2019

Your Current Location: Virginia, VA 20146

There are currently no rates available for Ambank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - December 5, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for AmBank

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% -0.13 ($262) $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info

Note to AmBank
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Branches

AmBank 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


AmBank Locations


Financial Details

AmBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AmBank. 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
AmBank U.S. Bank Average
7.5% 6.77%

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, 2019, AmBank had $1,009,000 in non-current loans and $405,000 in owned real estate. To cover these potential losses it had $17,037,000 in equity and $1,826,000 in loans loss reserves. That gives it a Texas Ratio of 7.5%.

Return on Equity
AmBank U.S. Bank Average
5.17% 9.50%

AmBank has a Return on Equity of 5.17% versus the BestCashCow average of 9.50%. 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
AmBank U.S. Bank Average
13.83% 12.76%

AmBank has a Capitalization of 13.83% versus the BestCashCow average of 12.76. 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.

AmBank Balance Sheet Analysis

As of September 30, 2014, AmBank had assets of $123,217,000, loans of $55,814,000, and deposits of $102,646,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 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 $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks in New Mexico, AmBank has a significantly higher percent of Consumer Auto 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 35.25
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.25
Small Business Loans 14.18
Construction and Development Loans 6.14
Commercial Real Estate 26.62
Commercial and Industrial Loans 26.62
Farm Loans 0.11

Frequently Asked Questions About Ambank

Branches and Savings

Is Ambank FDIC insured?

Yes. It is covered under FDIC Certificate #34302.

Why does Ambank pay such low interest on savings accounts?

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

Why are Ambank CD rates not competitive?

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

Is Ambank a commercial bank?

Yes

Where are Ambank locations?

See branch locations nearby.

Is Ambank open on Saturdays?

Is Ambank open on Sundays?

What time does Ambank open?

What time does Ambank close?

Are Ambank ATMs Open 24/7?

Do Ambank ATMs accept cash deposits?

Can Ambank customers use other ATMs?

Do Ambank branches have notaries?

Will Ambank notarize my document?

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

Will the Ambank branch print checks?

Do Ambank checks expire?

Does Ambank require US citizenship to open account?

Can Ambank close my account?

Does Ambank Report to credit bureaus?

Does Ambank Use Equifax?

What is Ambank's ACH Routing Number?

What is Ambank's SWIFT code?

Products

Does Ambank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Ambank offer personal loans?

Compare personal loan rates here.

Does Ambank offer student loans?

Will Ambank cash a check?

Will Ambank redeem a savings bond?

Does Ambank cash savings bonds?

Will Ambank cash money orders?

Can Ambank issue a money order?

Does Ambank do currency exchange?

Background on The Bank

Who owns Ambank?

How long has Ambank been around?

Can Ambank transfer to other banks?

Does Ambank have quick pay?

Does Ambank accept rolled coins?

Will Ambank accept loose change?

Where is Ambank headquarters?

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