American Bank of Commerce

3670 North University Avenue
Provo, UT 84604

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34232
Date Established 1996
Assets $0.09 billion
Loans $0.06 billion
Deposits $0.08 billion
Capital $0.01 billion

American Bank of Commerce is an FDIC insured institution located in Provo, UT. It was founded in 1996 and has approximately $0.09 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of American Bank of Commerce'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 American Bank of Commerce’s loan portfolio are Commercial Real Estate, Small Business Loans, and Construction and Development Loans.

Compared to other banks in Utah, American Bank of Commerce has a significantly higher percent of Small Business Loans, Construction and Development 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 8.91
Multifamily
Mortgages
1.04
Credit Card Loans 0.03
Consumer Auto Loans 0.70
Small Business Loans 35.61
Construction and Development Loans 19.71
Commercial Real Estate 67.82
Commercial and Industrial Loans 2.73
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $500 - Learn MoreShow Less
6 Mo CD 10K
0.15% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.35% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.09% $1,000 $4,999 Learn MoreShow Less
MM 10K
0.15% $5,000 $19,999 Learn MoreShow Less
MM 25K
0.25% $20,000 $99,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Bank of Commerce

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
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $1,194 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 American Bank of Commerce
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Branches

American Bank of Commerce 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


American Bank of Commerce Locations

Financial Details

American Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Bank of Commerce. 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
American Bank of Commerce U.S. Bank Average
7.64% 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, American Bank of Commerce had $950,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,582,000 in equity and $849,000 in loans loss reserves. That gives it a Texas Ratio of 7.64%. 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
American Bank of Commerce U.S. Bank Average
7.09% 8.58

American Bank of Commerce has a Return on Equity of 7.09% 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
American Bank of Commerce U.S. Bank Average
12.87% 12.11

American Bank of Commerce has a Capitalization of 12.87% 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.

American Bank of Commerce Balance Sheet Analysis

As of June 30, 2017, American Bank of Commerce had assets of $90,000,000, loans of $60,974,000, and deposits of $78,022,000. 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 American Bank of Commerce

Branches and Savings

Is American Bank of Commerce FDIC insured?

Yes. It is covered under FDIC Certificate #34232.

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

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

Why are American Bank of Commerce CD rates not competitive?

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

Is American Bank of Commerce a commercial bank?

Yes

Where are American Bank of Commerce locations?

See branch locations nearby.

Is American Bank of Commerce open on Saturdays?

Is American Bank of Commerce open on Sundays?

What time does American Bank of Commerce open?

What time does American Bank of Commerce close?

Are American Bank of Commerce ATMs Open 24/7?

Do American Bank of Commerce ATMs accept cash deposits?

Can American Bank of Commerce customers use other ATMs?

Do American Bank of Commerce branches have notaries?

Will American Bank of Commerce notarize my document?

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

Will the American Bank of Commerce branch print checks?

Do American Bank of Commerce checks expire?

Does American Bank of Commerce require US citizenship to open account?

Can American Bank of Commerce close my account?

Does American Bank of Commerce Report to credit bureaus?

Does American Bank of Commerce Use Equifax?

What is American Bank of Commerce's ACH Routing Number?

What is American Bank of Commerce's SWIFT code?

Products

Does American Bank of Commerce offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Bank of Commerce offer personal loans?

Compare personal loan rates here.

Does American Bank of Commerce offer student loans?

Will American Bank of Commerce cash a check?

Will American Bank of Commerce redeem a savings bond?

Does American Bank of Commerce cash savings bonds?

Will American Bank of Commerce cash money orders?

Can American Bank of Commerce issue a money order?

Does American Bank of Commerce do currency exchange?

Background on The Bank

Who owns American Bank of Commerce?

How long has American Bank of Commerce been around?

Can American Bank of Commerce transfer to other banks?

Does American Bank of Commerce have quick pay?

Does American Bank of Commerce accept rolled coins?

Will American Bank of Commerce accept loose change?

Where is American Bank of Commerce headquarters?

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