American Bank & Trust of the Cumberlands

Headquarters

808 West Main Street
Livingston, TN 38570
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. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

American Bank & Trust of the Cumberlands is an FDIC insured institution located in Livingston, TN. It was founded in 1978 and has approximately $0.25 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 31980
Date Established 1978
Assets $ 253.96 million
Loans $ 198.79 million
Deposits $ 227.76 million
Capital $ 23.92 million
 

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

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American Bank & Trust of the Cumberlands

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to American Bank & Trust of the Cumberlands
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

American Bank & Trust of the Cumberlands 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


American Bank & Trust of the Cumberlands Locations


Financial Details

American Bank & Trust of the Cumberlands Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Bank & Trust of the Cumberlands. 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 & Trust of the Cumberlands U.S. Bank Average
1.21% 6.51%

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 December 31, 2019, American Bank & Trust of the Cumberlands had $318,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,923,000 in equity and $2,343,000 in loans loss reserves. That gives it a Texas Ratio of 1.21%.

Return on Equity
American Bank & Trust of the Cumberlands U.S. Bank Average
15.17% 9.41%

American Bank & Trust of the Cumberlands has a Return on Equity of 15.17% versus the BestCashCow average of 9.41%. 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 & Trust of the Cumberlands U.S. Bank Average
9.42% 12.82%

American Bank & Trust of the Cumberlands has a Capitalization of 9.42% versus the BestCashCow average of 12.82. 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 & Trust of the Cumberlands Balance Sheet Analysis

As of December 31, 2019, American Bank & Trust of the Cumberlands had assets of $253,963,000, loans of $198,785,000, and deposits of $227,760,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 28.11 million
Interest-bearing balances $ 25.97 million
Total securities $ 15.50 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 198.79 million
Loan loss allowance $ 2.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.75 million
All other assets $ 5.53 million
     Total Assets $ 230.04 million
LIABILITIES
Total deposits $ 227.76 million
      Interest-bearing deposits $ 202.10 million
      Deposits held in domestic offices $ 227.76 million
      % insured (estimated) 87.18%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.28 million
      Total Liabilities $ 230.04 million
      Shareholders’ Equity $ 23.92 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 11.88 million
Total Interest Expense $ 3.25 million
Net interest income $ 8.63 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 1.92 million
Total non interest expense $ 7.12 million
Pre-tax Net Operating Income $ 3.39 million

Bank Loan Profile?

The top three loan types in American Bank & Trust of the Cumberlands’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, American Bank & Trust of the Cumberlands’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 43.39
Multifamily
Mortgages
2.45
Credit Card Loans 0.00
Consumer Auto Loans 1.41
Small Business Loans 11.07
Construction and Development Loans 10.03
Commercial Real Estate 19.06
Commercial and Industrial Loans 14.57
Farm Loans 0.70

Frequently Asked Questions About American Bank & Trust Of The Cumberlands

Branches and Savings

Is American Bank & Trust Of The Cumberlands FDIC insured?

Yes. It is covered under FDIC Certificate #31980.

Why does American Bank & Trust Of The Cumberlands 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 & Trust Of The Cumberlands CD rates not competitive?

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

Is American Bank & Trust Of The Cumberlands a commercial bank?

Yes

Where are American Bank & Trust Of The Cumberlands locations?

See branch locations nearby.

Is American Bank & Trust Of The Cumberlands open on Saturdays?

Is American Bank & Trust Of The Cumberlands open on Sundays?

What time does American Bank & Trust Of The Cumberlands open?

What time does American Bank & Trust Of The Cumberlands close?

Are American Bank & Trust Of The Cumberlands ATMs Open 24/7?

Do American Bank & Trust Of The Cumberlands ATMs accept cash deposits?

Can American Bank & Trust Of The Cumberlands customers use other ATMs?

Do American Bank & Trust Of The Cumberlands branches have notaries?

Will American Bank & Trust Of The Cumberlands notarize my document?

What address for American Bank & Trust Of The Cumberlands should I put for incoming ACH transfers?

Will the American Bank & Trust Of The Cumberlands branch print checks?

Do American Bank & Trust Of The Cumberlands checks expire?

Does American Bank & Trust Of The Cumberlands require US citizenship to open account?

Can American Bank & Trust Of The Cumberlands close my account?

Does American Bank & Trust Of The Cumberlands Report to credit bureaus?

Does American Bank & Trust Of The Cumberlands Use Equifax?

What is American Bank & Trust Of The Cumberlands's ACH Routing Number?

What is American Bank & Trust Of The Cumberlands's SWIFT code?

Products

Does American Bank & Trust Of The Cumberlands offer mortgages?

Compare mortgage rates here.

Does American Bank & Trust Of The Cumberlands offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Bank & Trust Of The Cumberlands offer personal loans?

Compare personal loan rates here.

Does American Bank & Trust Of The Cumberlands offer student loans?

Will American Bank & Trust Of The Cumberlands cash a check?

Will American Bank & Trust Of The Cumberlands redeem a savings bond?

Does American Bank & Trust Of The Cumberlands cash savings bonds?

Will American Bank & Trust Of The Cumberlands cash money orders?

Can American Bank & Trust Of The Cumberlands issue a money order?

Does American Bank & Trust Of The Cumberlands do currency exchange?

Background on The Bank

Who owns American Bank & Trust Of The Cumberlands?

How long has American Bank & Trust Of The Cumberlands been around?

Can American Bank & Trust Of The Cumberlands transfer to other banks?

Does American Bank & Trust Of The Cumberlands have quick pay?

Does American Bank & Trust Of The Cumberlands accept rolled coins?

Will American Bank & Trust Of The Cumberlands accept loose change?

Where is American Bank & Trust Of The Cumberlands headquarters?

Customer Reviews for American Bank & Trust of the Cumberlands

There are currently no comments for American Bank & Trust of the Cumberlands. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →