American National Bank and Trust Company

Headquarters

628 Main Street
Danville, VA 24541
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.02% →
1-Year CD 0.20% 2.15% →
2-Year CD 0.30% 2.81% →
5-Year CD 0.45% 3.05% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

American National Bank and Trust Company is an FDIC insured institution located in Danville, VA. It was founded in 1909 and has approximately $3.33 billion in assets. Customers can open an account at one of its 33 branches.

FDIC Insured Yes
FDIC Certificate # 6837
Date Established 1909
Assets $ 3.33 billion
Loans $ 1,936.38 million
Deposits $ 2.90 billion
Capital $ 372.02 million
 

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

Deposit Rates - May 17, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.05% $1 $2,500 Learn More
Money Market
0.08% $2,501 $10,000 Learn More
Money Market
0.10% $10,001 $25,000 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $2,500 - Learn More
12 Mo CD
0.20% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More
24 Mo CD
0.30% $500 - Learn More
36 Mo CD
0.35% $500 - Learn More
48 Mo CD
0.40% $500 - Learn More
60 Mo CD
0.45% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $4,999 Learn MoreShow Less
 

Loan Rates - May 17, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American National Bank and Trust Company

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
Interstate Home Loan Center, Inc
NMLS ID: 56315
4.958% 4.875%
1.00 points
$2,375 fees
$1,324 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 3.490 %
After Intro: 4.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to American National Bank and Trust Company
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Branches

American National Bank and Trust Company 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 National Bank and Trust Company Locations



Climate Initiatives

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

Financial Details

American National Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American National Bank and Trust Company. 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 National Bank and Trust Company U.S. Bank Average
0.61% 3.95%

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, 2021, American National Bank and Trust Company had $2,222,000 in non-current loans and $143,000 in owned real estate. To cover these potential losses it had $372,019,000 in equity and $18,678,000 in loans loss reserves. That gives it a Texas Ratio of 0.61%.

Return on Equity
American National Bank and Trust Company U.S. Bank Average
12.63% 10.50%

American National Bank and Trust Company has a Return on Equity of 12.63% versus the BestCashCow average of 10.50%. 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 National Bank and Trust Company U.S. Bank Average
11.18% 11.55%

American National Bank and Trust Company has a Capitalization of 11.18% versus the BestCashCow average of 11.55. 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 National Bank and Trust Company Balance Sheet Analysis

As of December 31, 2021, American National Bank and Trust Company had assets of $3,327,290,000, loans of $1,936,383,000, and deposits of $2,896,863,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 506.82 million
Interest-bearing balances $ 483.72 million
Total securities $ 690.70 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,936.38 million
Loan loss allowance $ 18.68 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.14 million
Goodwill and other intangibles $ 89.68 million
All other assets $ 64.07 million
     Total Assets $ 2.96 billion
LIABILITIES
Total deposits $ 2.90 billion
      Interest-bearing deposits $ 1,881.27 million
      Deposits held in domestic offices $ 2.90 billion
      % insured (estimated) 53.56%
Federal funds purchased and repurchase agreements $ 41.13 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 17.28 million
      Total Liabilities $ 2.96 billion
      Shareholders’ Equity $ 372.02 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 95.41 million
Total Interest Expense $ 3.67 million
Net interest income $ 91.74 million
Provision for loan and lease losses N.A.
Total non interest income $ 20.87 million
Total non interest expense $ 57.58 million
Pre-tax Net Operating Income $ 57.85 million

Bank Loan Profile?

The top three loan types in American National Bank and Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Virginia, American National Bank and Trust Company has a significantly higher percent of Commercial Real Estate 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 20.22
Multifamily
Mortgages
7.67
Credit Card Loans 0.00
Consumer Auto Loans 0.10
Small Business Loans 12.45
Construction and Development Loans 6.93
Commercial Real Estate 49.40
Commercial and Industrial Loans 12.63
Farm Loans 0.15

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