American Eagle Bank

Headquarters

556 Randall Rd
South Elgin, IL 60177
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 6.25% →
1-Year CD N.A. 5.25% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.67% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC N.A. 0.99% →

2023 Overview

General Bank Information

American Eagle Bank is an FDIC insured institution located in South Elgin, IL. It was founded in 0000 and has approximately $0.4 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57359
Date Established 0000
Assets $ 395.21 million
Loans $ 344.39 million
Deposits $ 330.80 million
Capital $ 36.23 million
 

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

Deposit Rates - June 9, 2023

Your Current Location: Virginia, VA 20146

 

Loan Rates - June 9, 2023

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Eagle Bank

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 2023

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Featured - Virginia Home Equity Line Of Credit Rates 2023

Lender APR (%)? Monthly Payment? Learn More

Note to American Eagle Bank
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Branches

American Eagle 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:
Ashburn,Virginia


American Eagle Bank Locations



Climate Initiatives

American Eagle Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

American Eagle Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Eagle 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
American Eagle Bank U.S. Bank Average
0.19% 4.09%

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, 2022, American Eagle Bank had $71,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $36,231,000 in equity and $2,131,000 in loans loss reserves. That gives it a Texas Ratio of 0.19%.

Return on Equity
American Eagle Bank U.S. Bank Average
9.63% 10.02%

American Eagle Bank has a Return on Equity of 9.63% versus the BestCashCow average of 10.02%. 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 Eagle Bank U.S. Bank Average
9.17% 10.44%

American Eagle Bank has a Capitalization of 9.17% versus the BestCashCow average of 10.44. 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 Eagle Bank Balance Sheet Analysis

As of December 31, 2022, American Eagle Bank had assets of $395,211,000, loans of $344,385,000, and deposits of $330,803,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 25.00 million
Interest-bearing balances $ 24.49 million
Total securities $ 12.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 344.39 million
Loan loss allowance $ 2.13 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.78 million
     Total Assets $ 358.98 million
LIABILITIES
Total deposits $ 330.80 million
      Interest-bearing deposits $ 310.19 million
      Deposits held in domestic offices $ 330.80 million
      % insured (estimated) 78.33%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 19.84 million
Subordinated debt N.A.
All other liabilities $ 2.62 million
      Total Liabilities $ 358.98 million
      Shareholders’ Equity $ 36.23 million

Summary Income Statement

December 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 15.64 million
Total Interest Expense $ 3.83 million
Net interest income $ 11.82 million
Provision for loan and lease losses $ 0.86 million
Total non interest income $ 0.70 million
Total non interest expense $ 7.11 million
Pre-tax Net Operating Income $ 2.45 million

Bank Loan Profile?

The top three loan types in American Eagle Bank’s loan portfolio are Consumer Auto Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, American Eagle Bank has a significantly higher percent of Consumer Auto Loans, Construction and Development 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 9.24
Multifamily
Mortgages
5.96
Credit Card Loans 0.00
Consumer Auto Loans 53.11
Small Business Loans 3.98
Construction and Development Loans 8.79
Commercial Real Estate 13.39
Commercial and Industrial Loans 1.05
Farm Loans 0.00

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