American Express National Bank

4315 South 2700 West, Mail Code: 02-01-47
Salt Lake City, UT 84184

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27471
Date Established 1989
Assets $57.84 billion
Loans $42.72 billion
Deposits $27.81 billion
Capital $6.36 billion

American Express National Bank is an FDIC insured institution located in Salt Lake City, UT. It was founded in 1989 and has approximately $57.84 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of American Express National Bank'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 Express National Bank’s loan portfolio are Credit Card Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Utah, American Express National Bank has a significantly higher percent of Credit Card 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 100.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.49
Farm Loans 0.00

Deposit Rates - July 22, 2018

Your Current Location: Virginia, VA 20146

There are currently no rates available for American Express National Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - July 22, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Express National 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

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

Branches

American Express National 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 Express National Bank Locations

Financial Details

American Express National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Express National 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 Express National Bank U.S. Bank Average
5.34% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, American Express National Bank had $401,386,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,355,777,000 in equity and $1,163,970,000 in loans loss reserves. That gives it a Texas Ratio of 5.34%.

Return on Equity
American Express National Bank U.S. Bank Average
44.26% 9.35%

American Express National Bank has a Return on Equity of 44.26% versus the BestCashCow average of 9.35%. 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 Express National Bank U.S. Bank Average
10.99% 12.01%

American Express National Bank has a Capitalization of 10.99% versus the BestCashCow average of 12.01. 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 Express National Bank Balance Sheet Analysis

As of March 31, 2018, American Express National Bank had assets of $57,842,759,000, loans of $42,717,356,000, and deposits of $27,814,023,000. 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

ASSETS
Cash & Balances due from depository institutions $13.75 billion
Interest-bearing balances $13.75 billion
Total securities $0.10 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $42.72 billion
Loan loss allowance $1.16 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $1.28 billion
     Total Assets $51.49 billion
LIABILITIES
Total deposits $27.81 billion
      Interest-bearing deposits $27.65 billion
      Deposits held in domestic offices $22.95 billion
      % insured (estimated) 81.84%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $19.74 billion
Subordinated debt $0.00 billion
All other liabilities $3.93 billion
      Total Liabilities $51.49 billion
      Shareholders’ Equity $6.36 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $1.42 billion
Total Interest Expense $0.24 billion
Net interest income $1.17 billion
Provision for loan and lease losses $0.30 billion
Total non interest income $1.61 billion
Total non interest expense $1.59 billion
Pre-tax Net Operating Income $0.89 billion

Frequently Asked Questions About American Express National Bank

Branches and Savings

Is American Express National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27471.

Why does American Express National Bank pay such low interest on savings accounts?

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

Why are American Express National Bank CD rates not competitive?

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

Is American Express National Bank a commercial bank?

Yes

Where are American Express National Bank locations?

See branch locations nearby.

Is American Express National Bank open on Saturdays?

Is American Express National Bank open on Sundays?

What time does American Express National Bank open?

What time does American Express National Bank close?

Are American Express National Bank ATMs Open 24/7?

Do American Express National Bank ATMs accept cash deposits?

Can American Express National Bank customers use other ATMs?

Do American Express National Bank branches have notaries?

Will American Express National Bank notarize my document?

What address for American Express National Bank should I put for incoming ACH transfers?

Will the American Express National Bank branch print checks?

Do American Express National Bank checks expire?

Does American Express National Bank require US citizenship to open account?

Can American Express National Bank close my account?

Does American Express National Bank Report to credit bureaus?

Does American Express National Bank Use Equifax?

What is American Express National Bank's ACH Routing Number?

What is American Express National Bank's SWIFT code?

Products

Does American Express National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Express National Bank offer personal loans?

Compare personal loan rates here.

Does American Express National Bank offer student loans?

Will American Express National Bank cash a check?

Will American Express National Bank redeem a savings bond?

Does American Express National Bank cash savings bonds?

Will American Express National Bank cash money orders?

Can American Express National Bank issue a money order?

Does American Express National Bank do currency exchange?

Background on The Bank

Who owns American Express National Bank?

How long has American Express National Bank been around?

Can American Express National Bank transfer to other banks?

Does American Express National Bank have quick pay?

Does American Express National Bank accept rolled coins?

Will American Express National Bank accept loose change?

Where is American Express National Bank headquarters?

Customer Reviews for American Express National Bank

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

Add Your Review

Rate it here →