American Enterprise Bank of Florida

Headquarters

10611 Deerwood Park Boulevard
Jacksonville, FL 32256
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

American Enterprise Bank of Florida is an FDIC insured institution located in Jacksonville, FL. It was founded in 2004 and has approximately $0.2 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57709
Date Established 2004
Assets $ 209.91 million
Loans $ 148.69 million
Deposits $ 191.07 million
Capital $ 18.02 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Enterprise Bank of Florida

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to American Enterprise Bank of Florida
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

American Enterprise Bank of Florida 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 Enterprise Bank of Florida Locations


Financial Details

American Enterprise Bank of Florida Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Enterprise Bank of Florida. 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 Enterprise Bank of Florida U.S. Bank Average
20.48% 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, American Enterprise Bank of Florida had $2,125,000 in non-current loans and $2,080,000 in owned real estate. To cover these potential losses it had $18,019,000 in equity and $2,517,000 in loans loss reserves. That gives it a Texas Ratio of 20.48%.

Return on Equity
American Enterprise Bank of Florida U.S. Bank Average
7.85% 7.80%

American Enterprise Bank of Florida has a Return on Equity of 7.85% 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
American Enterprise Bank of Florida U.S. Bank Average
8.58% 12.68%

American Enterprise Bank of Florida has a Capitalization of 8.58% 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.

American Enterprise Bank of Florida Balance Sheet Analysis

As of March 31, 2015, American Enterprise Bank of Florida had assets of $199,432,000, loans of $148,694,000, and deposits of $191,074,000. 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 $ 148.69 million
Loan loss allowance $ 2.52 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.08 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 191.07 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 $ 209.91 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 American Enterprise Bank of Florida’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Florida, American Enterprise Bank of Florida has a significantly higher percent of Small Business Loans, Commercial and Industrial 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 31.33
Multifamily
Mortgages
2.03
Credit Card Loans 0.08
Consumer Auto Loans 0.48
Small Business Loans 17.88
Construction and Development Loans 8.60
Commercial Real Estate 27.02
Commercial and Industrial Loans 27.20
Farm Loans 0.00

Frequently Asked Questions About American Enterprise Bank Of Florida

Branches and Savings

Is American Enterprise Bank Of Florida FDIC insured?

Yes. It is covered under FDIC Certificate #57709.

Why does American Enterprise Bank Of Florida pay such low interest on savings accounts?

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

Why are American Enterprise Bank Of Florida CD rates not competitive?

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

Is American Enterprise Bank Of Florida a commercial bank?

Yes

Where are American Enterprise Bank Of Florida locations?

See branch locations nearby.

Is American Enterprise Bank Of Florida open on Saturdays?

Is American Enterprise Bank Of Florida open on Sundays?

What time does American Enterprise Bank Of Florida open?

What time does American Enterprise Bank Of Florida close?

Are American Enterprise Bank Of Florida ATMs Open 24/7?

Do American Enterprise Bank Of Florida ATMs accept cash deposits?

Can American Enterprise Bank Of Florida customers use other ATMs?

Do American Enterprise Bank Of Florida branches have notaries?

Will American Enterprise Bank Of Florida notarize my document?

What address for American Enterprise Bank Of Florida should I put for incoming ACH transfers?

Will the American Enterprise Bank Of Florida branch print checks?

Do American Enterprise Bank Of Florida checks expire?

Does American Enterprise Bank Of Florida require US citizenship to open account?

Can American Enterprise Bank Of Florida close my account?

Does American Enterprise Bank Of Florida Report to credit bureaus?

Does American Enterprise Bank Of Florida Use Equifax?

What is American Enterprise Bank Of Florida's ACH Routing Number?

What is American Enterprise Bank Of Florida's SWIFT code?

Products

Does American Enterprise Bank Of Florida offer mortgages?

Compare mortgage rates here.

Does American Enterprise Bank Of Florida offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Enterprise Bank Of Florida offer personal loans?

Compare personal loan rates here.

Does American Enterprise Bank Of Florida offer student loans?

Will American Enterprise Bank Of Florida cash a check?

Will American Enterprise Bank Of Florida redeem a savings bond?

Does American Enterprise Bank Of Florida cash savings bonds?

Will American Enterprise Bank Of Florida cash money orders?

Can American Enterprise Bank Of Florida issue a money order?

Does American Enterprise Bank Of Florida do currency exchange?

Background on The Bank

Who owns American Enterprise Bank Of Florida?

How long has American Enterprise Bank Of Florida been around?

Can American Enterprise Bank Of Florida transfer to other banks?

Does American Enterprise Bank Of Florida have quick pay?

Does American Enterprise Bank Of Florida accept rolled coins?

Will American Enterprise Bank Of Florida accept loose change?

Where is American Enterprise Bank Of Florida headquarters?

Customer Reviews for American Enterprise Bank of Florida

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

Add Your Review

Rate it here →