American Marine Bank

249 Winslow Way East
Bainbridge Island, WA 98110

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16730
Date Established 1948
Assets $0.33 billion
Loans $0.23 billion
Deposits $0.29 billion
Capital $0.00 billion

American Marine Bank is an FDIC insured institution located in Bainbridge Island, WA. It was founded in 1948 and has approximately $0.33 billion in assets.

American Marine Bank, Bainbridge Island, Washington, was closed January 29, 2010 by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Columbia State Bank, Tacoma, Washington, to assume all of the deposits of American Marine Bank.

For a more detailed analysis of American Marine 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 Marine Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, American Marine Bank’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
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 0.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

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

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Marine 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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
vLoan
NMLS ID: 2229
License#: MC-5591
4.078% 4.000% 0.38 $2,345 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

American Marine 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 Marine Bank Locations

Financial Details

American Marine Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Marine 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 Marine Bank U.S. Bank Average
155.23% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, American Marine Bank had $21,414,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,357,000 in equity and $11,438,000 in loans loss reserves. That gives it a Texas Ratio of 155.23%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
American Marine Bank U.S. Bank Average
-234.73% 8.58

American Marine Bank has a Return on Equity of -234.73% versus the BestCashCow average of 8.58. 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 Marine Bank U.S. Bank Average
0.72% 12.11

American Marine Bank has a Capitalization of 0.72% versus the BestCashCow average of 12.11. 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 Marine Bank Balance Sheet Analysis

As of November 30, -0001, American Marine Bank had assets of $329,246,000, loans of $228,844,000, and deposits of $287,443,000. 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.

Frequently Asked Questions About American Marine Bank

Branches and Savings

Is American Marine Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16730.

Why does American Marine 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 Marine Bank CD rates not competitive?

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

Is American Marine Bank a commercial bank?

Yes

Where are American Marine Bank locations?

See branch locations nearby.

Is American Marine Bank open on Saturdays?

Is American Marine Bank open on Sundays?

What time does American Marine Bank open?

What time does American Marine Bank close?

Are American Marine Bank ATMs Open 24/7?

Do American Marine Bank ATMs accept cash deposits?

Can American Marine Bank customers use other ATMs?

Do American Marine Bank branches have notaries?

Will American Marine Bank notarize my document?

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

Will the American Marine Bank branch print checks?

Do American Marine Bank checks expire?

Does American Marine Bank require US citizenship to open account?

Can American Marine Bank close my account?

Does American Marine Bank Report to credit bureaus?

Does American Marine Bank Use Equifax?

What is American Marine Bank's ACH Routing Number?

What is American Marine Bank's SWIFT code?

Products

Does American Marine Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Marine Bank offer personal loans?

Compare personal loan rates here.

Does American Marine Bank offer student loans?

Will American Marine Bank cash a check?

Will American Marine Bank redeem a savings bond?

Does American Marine Bank cash savings bonds?

Will American Marine Bank cash money orders?

Can American Marine Bank issue a money order?

Does American Marine Bank do currency exchange?

Background on The Bank

Who owns American Marine Bank?

How long has American Marine Bank been around?

Can American Marine Bank transfer to other banks?

Does American Marine Bank have quick pay?

Does American Marine Bank accept rolled coins?

Will American Marine Bank accept loose change?

Where is American Marine Bank headquarters?

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