American State Bank

525 North Main Street
Sioux Center, IA 51250

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 228
Date Established 1913
Assets $0.84 billion
Loans $0.72 billion
Deposits $0.68 billion
Capital $0.10 billion

American State Bank is an FDIC insured institution located in Sioux Center, IA. It was founded in 1913 and has approximately $0.84 billion in assets. Customers can open an account at one of its 9 branches.

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

Compared to other banks, American State 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 6.08
Multifamily
Mortgages
0.20
Credit Card Loans 0.23
Consumer Auto Loans 0.99
Small Business Loans 0.00
Construction and Development Loans 2.12
Commercial Real Estate 13.48
Commercial and Industrial Loans 16.77
Farm Loans 31.60

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
03MCD10K 0.40% $1,000 $24,999 Learn MoreShow Less
06MCD10K 0.50% $10,000 $24,999 Learn MoreShow Less
12 Mo CD 10K 0.80% $10,000 - Learn MoreShow Less
Special: 15 Mo CD 1.42% $5,000 - Learn MoreShow Less
18MCD10K 0.90% $10,000 $99,999 Learn MoreShow Less
24 Mo CD 10K 1.05% $10,000 $99,999 Learn MoreShow Less
30MCD10K 1.20% $1,000 $99,999 Learn MoreShow Less
Special: 35 Mo CD 2.05% $5,000 - Learn MoreShow Less
36MCD10K 1.45% $5,000 $99,999 Learn MoreShow Less
48MCD10K 1.50% $1,000 $99,999 Learn MoreShow Less
60 Mo CD 10K 1.60% $5,000 $99,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K 0.25% $1 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K 0.40% $1 $4,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM10K 0.30% $2,500 $24,999 Learn MoreShow Less
MM25K 0.35% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K 0.10% $500 $999 Learn MoreShow Less
Int Ckg 2.5K 0.15% $1,000 $4,999 Learn MoreShow Less
Checking Rates APY MIN FEE
Rewards Checking 3.20% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

Refinance Mortgage Rates APR Rate Monthly Payment
15 Year Fixed Conforming 3.17% 3.13% $1,741.52 Learn MoreShow Less
20 Year Fixed Conforming 3.66% 3.63% $1,466.01 Learn MoreShow Less
30 Year Fixed Conforming 3.90% 3.88% $1,175.59 Learn MoreShow Less
Purchase Mortgage Rates APR Rate Monthly Payment
15 Year Fixed Conforming 3.17% 3.13% $1,741.52 Learn MoreShow Less
20 Year Fixed Conforming 3.66% 3.63% $1,466.01 Learn MoreShow Less
30 Year Fixed Conforming 3.90% 3.88% $1,175.59 Learn MoreShow Less

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

American State 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 State Bank Locations

Financial Details

American State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American State 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 State Bank U.S. Bank Average
16.26% 8.87%

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 March 31, 2017, American State Bank had $14,494,000 in non-current loans and $3,945,000 in owned real estate. To cover these potential losses it had $101,336,000 in equity and $12,077,000 in loans loss reserves. That gives it a Texas Ratio of 16.26%. 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 State Bank U.S. Bank Average
8.01% 8.39%

American State Bank has a Return on Equity of 8.01% versus the BestCashCow average of 8.39%. 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 State Bank U.S. Bank Average
12.05% 11.94%

American State Bank has a Capitalization of 12.05% versus the BestCashCow average of 11.94%. 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 State Bank Balance Sheet Analysis

As of March 31, 2017, American State Bank had assets of $841,159,000, loans of $720,685,000, and deposits of $682,721,000. 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.

Customer Reviews for American State Bank


  • Gene P

    February 14, 2017 |

    I opened my account back in 2013, I have been getting 3.2% on 25k (~$795 per year) regularly since then. My only complaint is that the Debit Card transactions can take up to 2 days to post. But since only 10 are required per month, I do them early in the month.

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