American State Bank

102 W Front
Arp, TX 75750

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9967
Date Established 1911
Assets $0.27 billion
Loans $0.20 billion
Deposits $0.22 billion
Capital $0.03 billion

American State Bank is an FDIC insured institution located in Arp, TX. It was founded in 1911 and has approximately $0.27 billion in assets. Customers can open an account at one of its 5 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 Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

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 27.54
Multifamily
Mortgages
0.81
Credit Card Loans 0.00
Consumer Auto Loans 0.57
Small Business Loans 7.74
Construction and Development Loans 12.91
Commercial Real Estate 28.31
Commercial and Industrial Loans 14.51
Farm Loans 0.07

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for American State Bank, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American State Bank

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to American State Bank
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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
6.67% 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 $737,000 in non-current loans and $1,458,000 in owned real estate. To cover these potential losses it had $31,273,000 in equity and $1,652,000 in loans loss reserves. That gives it a Texas Ratio of 6.67%. 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
5.61% 8.58

American State Bank has a Return on Equity of 5.61% 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
11.59% 12.11

American State Bank has a Capitalization of 11.59% 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 $269,930,000, loans of $199,439,000, and deposits of $215,922,000. 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 #9967.

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?

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