American Loan and Savings Association

Headquarters

105 N Maple Ave
Hannibal, MO 63401
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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 Loan and Savings Association is an FDIC insured institution located in Hannibal, MO. It was founded in 1909 and has approximately $0 billion in assets.

FDIC Insured Yes
FDIC Certificate # 30950
Date Established 1909
Assets $ 4.17 million
Loans $ 3.03 million
Deposits $ 3.83 million
Capital $ 0.33 million
 

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

Deposit Rates - September 27, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 27, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American Loan and Savings Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Note to American Loan and Savings Association
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Branches

American Loan and Savings Association 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 Loan and Savings Association Locations


Financial Details

American Loan and Savings Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Loan and Savings Association. 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 Loan and Savings Association U.S. Bank Average
31.27% 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 Loan and Savings Association had $116,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $334,000 in equity and $37,000 in loans loss reserves. That gives it a Texas Ratio of 31.27%.

Return on Equity
American Loan and Savings Association U.S. Bank Average
-66.39% 7.80%

American Loan and Savings Association has a Return on Equity of -66.39% 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 Loan and Savings Association U.S. Bank Average
8% 12.68%

American Loan and Savings Association has a Capitalization of 8% 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 Loan and Savings Association Balance Sheet Analysis

As of June 30, 2016, American Loan and Savings Association had assets of $4,233,000, loans of $3,030,000, and deposits of $3,831,000. 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 $ 3.03 million
Loan loss allowance $ 0.04 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 3.83 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 $ 4.17 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 Loan and Savings Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Construction and Development Loans.

Compared to other banks in Missouri, American Loan and Savings Association has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 88.51
Multifamily
Mortgages
10.66
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.82
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About American Loan And Savings Association

Branches and Savings

Is American Loan And Savings Association FDIC insured?

Yes. It is covered under FDIC Certificate #30950.

Why does American Loan And Savings Association pay such low interest on savings accounts?

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

Why are American Loan And Savings Association CD rates not competitive?

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

Is American Loan And Savings Association a commercial bank?

Yes

Where are American Loan And Savings Association locations?

See branch locations nearby.

Is American Loan And Savings Association open on Saturdays?

Is American Loan And Savings Association open on Sundays?

What time does American Loan And Savings Association open?

What time does American Loan And Savings Association close?

Are American Loan And Savings Association ATMs Open 24/7?

Do American Loan And Savings Association ATMs accept cash deposits?

Can American Loan And Savings Association customers use other ATMs?

Do American Loan And Savings Association branches have notaries?

Will American Loan And Savings Association notarize my document?

What address for American Loan And Savings Association should I put for incoming ACH transfers?

Will the American Loan And Savings Association branch print checks?

Do American Loan And Savings Association checks expire?

Does American Loan And Savings Association require US citizenship to open account?

Can American Loan And Savings Association close my account?

Does American Loan And Savings Association Report to credit bureaus?

Does American Loan And Savings Association Use Equifax?

What is American Loan And Savings Association's ACH Routing Number?

What is American Loan And Savings Association's SWIFT code?

Products

Does American Loan And Savings Association offer mortgages?

Compare mortgage rates here.

Does American Loan And Savings Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Loan And Savings Association offer personal loans?

Compare personal loan rates here.

Does American Loan And Savings Association offer student loans?

Will American Loan And Savings Association cash a check?

Will American Loan And Savings Association redeem a savings bond?

Does American Loan And Savings Association cash savings bonds?

Will American Loan And Savings Association cash money orders?

Can American Loan And Savings Association issue a money order?

Does American Loan And Savings Association do currency exchange?

Background on The Bank

Who owns American Loan And Savings Association?

How long has American Loan And Savings Association been around?

Can American Loan And Savings Association transfer to other banks?

Does American Loan And Savings Association have quick pay?

Does American Loan And Savings Association accept rolled coins?

Will American Loan And Savings Association accept loose change?

Where is American Loan And Savings Association headquarters?

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