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 $0.82 billion
Loans $0.75 billion
Deposits $0.67 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 $0.82 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 6.49
Multifamily
Mortgages
0.20
Credit Card Loans 0.21
Consumer Auto Loans 1.04
Small Business Loans 3.74
Construction and Development Loans 2.24
Commercial Real Estate 12.80
Commercial and Industrial Loans 17.52
Farm Loans 32.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
03MCD10K
1.10% $1,000 $24,999 Learn MoreShow Less
06MCD10K
1.20% $10,000 $24,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.40% $1 $4,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.40% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.45% $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

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

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
13.79% 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 State Bank had $11,944,000 in non-current loans and $3,686,000 in owned real estate. To cover these potential losses it had $100,734,000 in equity and $12,581,000 in loans loss reserves. That gives it a Texas Ratio of 13.79%. 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
10.73% 8.58

American State Bank has a Return on Equity of 10.73% 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 State Bank U.S. Bank Average
12.27% 12.11

American State Bank has a Capitalization of 12.27% 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 State Bank Balance Sheet Analysis

As of June 30, 2017, American State Bank had assets of $821,057,000, loans of $746,782,000, and deposits of $670,940,000. 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 State Bank

Branches and Savings

Is American State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #228.

Why does American State 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 State Bank CD rates not competitive?

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

Is American State Bank a commercial bank?

Yes

Where are American State Bank locations?

See branch locations nearby.

Is American State Bank open on Saturdays?

Is American State Bank open on Sundays?

What time does American State Bank open?

What time does American State Bank close?

Are American State Bank ATMs Open 24/7?

Do American State Bank ATMs accept cash deposits?

Can American State Bank customers use other ATMs?

Do American State Bank branches have notaries?

Will American State Bank notarize my document?

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

Will the American State Bank branch print checks?

Do American State Bank checks expire?

Does American State Bank require US citizenship to open account?

Can American State Bank close my account?

Does American State Bank Report to credit bureaus?

Does American State Bank Use Equifax?

What is American State Bank's ACH Routing Number?

What is American State Bank's SWIFT code?

Products

Does American State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American State Bank offer personal loans?

Compare personal loan rates here.

Does American State Bank offer student loans?

Will American State Bank cash a check?

Will American State Bank redeem a savings bond?

Does American State Bank cash savings bonds?

Will American State Bank cash money orders?

Can American State Bank issue a money order?

Does American State Bank do currency exchange?

Background on The Bank

Who owns American State Bank?

How long has American State Bank been around?

Can American State Bank transfer to other banks?

Does American State Bank have quick pay?

Does American State Bank accept rolled coins?

Will American State Bank accept loose change?

Where is American State Bank headquarters?

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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