American Plus Bank, N.A.

Headquarters

630 West Duarte Road
Arcadia, CA 91007
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.95% →
1-Year CD 0.95% 1.01% →
2-Year CD 1.15% 0.95% →
5-Year CD 1.25% 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 Plus Bank, N.A. is an FDIC insured institution located in Arcadia, CA. It was founded in 2007 and has approximately $0.56 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 58469
Date Established 2007
Assets $ 558.11 million
Loans $ 481.55 million
Deposits $ 457.49 million
Capital $ 82.11 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.70% $10,000 $14,999 Learn More
3 Mo CD
0.70% $100,000 $199,999 Learn More
Special: 6 Mo CD
1.18% $10,000 - Learn More
6 Mo CD
0.85% $10,000 $14,999 Learn More
6 Mo CD
0.85% $100,000 $199,999 Learn More
12 Mo CD
0.95% $10,000 $14,999 Learn More
12 Mo CD
0.95% $100,000 $199,999 Learn More
18 Mo CD
0.95% $10,000 $14,999 Learn More
18 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
1.15% $10,000 $14,999 Learn More
24 Mo CD
1.15% $100,000 $199,999 Learn More
30 Mo CD
1.15% $10,000 $14,999 Learn More
30 Mo CD
1.15% $100,000 $199,999 Learn More
36 Mo CD
1.15% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American Plus Bank, N.A.

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.570% 2.500% 0.88 $2,312 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut 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 Plus Bank, N.A.
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

American Plus Bank, N.A. 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 Plus Bank, N.A. Locations


Financial Details

American Plus Bank, N.A. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Plus Bank, N.A.. 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 Plus Bank, N.A. U.S. Bank Average
1.39% 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 Plus Bank, N.A. had $0 in non-current loans and $1,241,000 in owned real estate. To cover these potential losses it had $82,113,000 in equity and $7,370,000 in loans loss reserves. That gives it a Texas Ratio of 1.39%.

Return on Equity
American Plus Bank, N.A. U.S. Bank Average
5.88% 7.80%

American Plus Bank, N.A. has a Return on Equity of 5.88% 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 Plus Bank, N.A. U.S. Bank Average
14.71% 12.68%

American Plus Bank, N.A. has a Capitalization of 14.71% 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 Plus Bank, N.A. Balance Sheet Analysis

As of March 31, 2020, American Plus Bank, N.A. had assets of $558,110,000, loans of $481,545,000, and deposits of $457,494,000. 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 $ 31.55 million
Interest-bearing balances $ 30.98 million
Total securities $ 19.93 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 481.55 million
Loan loss allowance $ 7.37 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.24 million
Goodwill and other intangibles N.A.
All other assets $ 20.05 million
     Total Assets $ 476.00 million
LIABILITIES
Total deposits $ 457.49 million
      Interest-bearing deposits $ 436.25 million
      Deposits held in domestic offices $ 457.49 million
      % insured (estimated) 73.63%
Federal funds purchased and repurchase agreements $ 10.00 million
Trading liabilities N.A.
Other borrowed funds $ 4.60 million
Subordinated debt N.A.
All other liabilities $ 3.90 million
      Total Liabilities $ 476.00 million
      Shareholders’ Equity $ 82.11 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 6.89 million
Total Interest Expense $ 2.12 million
Net interest income $ 4.77 million
Provision for loan and lease losses $ 1.30 million
Total non interest income $ 0.11 million
Total non interest expense $ 1.90 million
Pre-tax Net Operating Income $ 1.68 million

Bank Loan Profile?

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

Compared to other banks in California, American Plus Bank, N.A. has a significantly higher percent of Construction and Development 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 16.42
Multifamily
Mortgages
8.79
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 13.84
Commercial Real Estate 45.25
Commercial and Industrial Loans 15.42
Farm Loans 0.00

Frequently Asked Questions About American Plus Bank, N.a.

Branches and Savings

Is American Plus Bank, N.a. FDIC insured?

Yes. It is covered under FDIC Certificate #58469.

Why does American Plus Bank, N.a. pay such low interest on savings accounts?

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

Why are American Plus Bank, N.a. CD rates not competitive?

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

Is American Plus Bank, N.a. a commercial bank?

Yes

Where are American Plus Bank, N.a. locations?

See branch locations nearby.

Is American Plus Bank, N.a. open on Saturdays?

Is American Plus Bank, N.a. open on Sundays?

What time does American Plus Bank, N.a. open?

What time does American Plus Bank, N.a. close?

Are American Plus Bank, N.a. ATMs Open 24/7?

Do American Plus Bank, N.a. ATMs accept cash deposits?

Can American Plus Bank, N.a. customers use other ATMs?

Do American Plus Bank, N.a. branches have notaries?

Will American Plus Bank, N.a. notarize my document?

What address for American Plus Bank, N.a. should I put for incoming ACH transfers?

Will the American Plus Bank, N.a. branch print checks?

Do American Plus Bank, N.a. checks expire?

Does American Plus Bank, N.a. require US citizenship to open account?

Can American Plus Bank, N.a. close my account?

Does American Plus Bank, N.a. Report to credit bureaus?

Does American Plus Bank, N.a. Use Equifax?

What is American Plus Bank, N.a.'s ACH Routing Number?

What is American Plus Bank, N.a.'s SWIFT code?

Products

Does American Plus Bank, N.a. offer mortgages?

Compare mortgage rates here.

Does American Plus Bank, N.a. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Plus Bank, N.a. offer personal loans?

Compare personal loan rates here.

Does American Plus Bank, N.a. offer student loans?

Will American Plus Bank, N.a. cash a check?

Will American Plus Bank, N.a. redeem a savings bond?

Does American Plus Bank, N.a. cash savings bonds?

Will American Plus Bank, N.a. cash money orders?

Can American Plus Bank, N.a. issue a money order?

Does American Plus Bank, N.a. do currency exchange?

Background on The Bank

Who owns American Plus Bank, N.a.?

How long has American Plus Bank, N.a. been around?

Can American Plus Bank, N.a. transfer to other banks?

Does American Plus Bank, N.a. have quick pay?

Does American Plus Bank, N.a. accept rolled coins?

Will American Plus Bank, N.a. accept loose change?

Where is American Plus Bank, N.a. headquarters?

Customer Reviews for American Plus Bank, N.A.

There are currently no comments for American Plus Bank, N.A.. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →