Ameriana Bank

Headquarters

2118 Bundy Avenue
New Castle, IN 47362
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Ameriana Bank is an FDIC insured institution located in New Castle, IN. It was founded in 1890 and has approximately $0.46 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 29031
Date Established 1890
Assets $ 480.28 million
Loans $ 320.64 million
Deposits $ 394.34 million
Capital $ 46.85 million
 

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

Deposit Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Ameriana 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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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Note to Ameriana Bank
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Branches

Ameriana 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


Ameriana Bank Locations


Financial Details

Ameriana Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Ameriana 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
Ameriana Bank U.S. Bank Average
21.99% 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, Ameriana Bank had $4,571,000 in non-current loans and $6,606,000 in owned real estate. To cover these potential losses it had $46,854,000 in equity and $3,984,000 in loans loss reserves. That gives it a Texas Ratio of 21.99%.

Return on Equity
Ameriana Bank U.S. Bank Average
5.74% 7.80%

Ameriana Bank has a Return on Equity of 5.74% 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
Ameriana Bank U.S. Bank Average
9.76% 12.68%

Ameriana Bank has a Capitalization of 9.76% 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.

Ameriana Bank Balance Sheet Analysis

As of March 31, 2015, Ameriana Bank had assets of $462,551,000, loans of $320,636,000, and deposits of $394,340,000. 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 $ 320.64 million
Loan loss allowance $ 3.98 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 6.61 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 394.34 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 $ 480.28 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 Ameriana Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Indiana, Ameriana Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 44.96
Multifamily
Mortgages
5.01
Credit Card Loans 0.00
Consumer Auto Loans 0.36
Small Business Loans 10.64
Construction and Development Loans 5.74
Commercial Real Estate 35.65
Commercial and Industrial Loans 8.53
Farm Loans 0.00

Frequently Asked Questions About Ameriana Bank

Branches and Savings

Is Ameriana Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29031.

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

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

Why are Ameriana Bank CD rates not competitive?

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

Is Ameriana Bank a commercial bank?

Yes

Where are Ameriana Bank locations?

See branch locations nearby.

Is Ameriana Bank open on Saturdays?

Is Ameriana Bank open on Sundays?

What time does Ameriana Bank open?

What time does Ameriana Bank close?

Are Ameriana Bank ATMs Open 24/7?

Do Ameriana Bank ATMs accept cash deposits?

Can Ameriana Bank customers use other ATMs?

Do Ameriana Bank branches have notaries?

Will Ameriana Bank notarize my document?

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

Will the Ameriana Bank branch print checks?

Do Ameriana Bank checks expire?

Does Ameriana Bank require US citizenship to open account?

Can Ameriana Bank close my account?

Does Ameriana Bank Report to credit bureaus?

Does Ameriana Bank Use Equifax?

What is Ameriana Bank's ACH Routing Number?

What is Ameriana Bank's SWIFT code?

Products

Does Ameriana Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Ameriana Bank offer personal loans?

Compare personal loan rates here.

Does Ameriana Bank offer student loans?

Will Ameriana Bank cash a check?

Will Ameriana Bank redeem a savings bond?

Does Ameriana Bank cash savings bonds?

Will Ameriana Bank cash money orders?

Can Ameriana Bank issue a money order?

Does Ameriana Bank do currency exchange?

Background on The Bank

Who owns Ameriana Bank?

How long has Ameriana Bank been around?

Can Ameriana Bank transfer to other banks?

Does Ameriana Bank have quick pay?

Does Ameriana Bank accept rolled coins?

Will Ameriana Bank accept loose change?

Where is Ameriana Bank headquarters?

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