American Security Bank

1401 Dove Street, Suite 100
Newport Beach, CA 92660

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33121
Date Established 1990
Assets $0.43 billion
Loans $0.24 billion
Deposits $0.38 billion
Capital $0.06 billion

American Security Bank is an FDIC insured institution located in Newport Beach, CA. It was founded in 1990 and has approximately $0.43 billion in assets.

For a more detailed analysis of American Security 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 Security Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in California, American Security Bank 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 6.65
Multifamily
Mortgages
6.11
Credit Card Loans 0.00
Consumer Auto Loans 1.85
Small Business Loans 18.36
Construction and Development Loans 3.94
Commercial Real Estate 72.99
Commercial and Industrial Loans 8.99
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

American Security 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 Security Bank Locations

Financial Details

American Security Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Security Bank. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
American Security Bank U.S. Bank Average
13.66% 9.11%

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, 2016, American Security Bank had $6,444,000 in non-current loans and $1,585,000 in owned real estate. To cover these potential losses it had $55,006,000 in equity and $3,772,000 in loans loss reserves. That gives it a Texas Ratio of 13.66%. 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 Security Bank U.S. Bank Average
0.05% 9.45%

American Security Bank has a Return on Equity of 0.05% versus the BestCashCow average of 9.45%. 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 Security Bank U.S. Bank Average
12.76% 11.28%

American Security Bank has a Capitalization of 12.76% versus the BestCashCow average of 11.28%. 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 Security Bank Balance Sheet Analysis

As of March 31, 2014, American Security Bank had assets of $431,171,000, loans of $243,438,000, and deposits of $375,357,000. 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.

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