American State Bank of Pierre

Headquarters

700 East Sioux Avenue
Pierre, SD 57501
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

American State Bank of Pierre is an FDIC insured institution located in Pierre, SD. It was founded in 1977 and has approximately $0.16 billion in assets.

FDIC Insured Yes
FDIC Certificate # 22554
Date Established 1977
Assets $ 164.38 million
Loans $ 77.51 million
Deposits $ 146.22 million
Capital $ 17.76 million
 

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

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for American State Bank of Pierre

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




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Note to American State Bank of Pierre
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Branches

American State Bank of Pierre 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 State Bank of Pierre Locations


Financial Details

American State Bank of Pierre Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American State Bank of Pierre. 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 of Pierre U.S. Bank Average
0.31% 6.51%

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 December 31, 2019, American State Bank of Pierre had $55,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $17,759,000 in equity and $249,000 in loans loss reserves. That gives it a Texas Ratio of 0.31%.

Return on Equity
American State Bank of Pierre U.S. Bank Average
11.95% 9.41%

American State Bank of Pierre has a Return on Equity of 11.95% versus the BestCashCow average of 9.41%. 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 of Pierre U.S. Bank Average
10.8% 12.82%

American State Bank of Pierre has a Capitalization of 10.8% versus the BestCashCow average of 12.82. 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 of Pierre Balance Sheet Analysis

As of March 31, 2014, American State Bank of Pierre had assets of $164,381,000, loans of $77,512,000, and deposits of $146,220,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 77.51 million
Loan loss allowance $ 0.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 146.22 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 164.38 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in American State Bank of Pierre’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, American State Bank of Pierre’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 4.66
Multifamily
Mortgages
1.18
Credit Card Loans 0.00
Consumer Auto Loans 1.09
Small Business Loans 5.93
Construction and Development Loans 2.78
Commercial Real Estate 19.68
Commercial and Industrial Loans 20.83
Farm Loans 25.80

Frequently Asked Questions About American State Bank Of Pierre

Branches and Savings

Is American State Bank Of Pierre FDIC insured?

Yes. It is covered under FDIC Certificate #22554.

Why does American State Bank Of Pierre 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 Of Pierre CD rates not competitive?

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

Is American State Bank Of Pierre a commercial bank?

Yes

Where are American State Bank Of Pierre locations?

See branch locations nearby.

Is American State Bank Of Pierre open on Saturdays?

Is American State Bank Of Pierre open on Sundays?

What time does American State Bank Of Pierre open?

What time does American State Bank Of Pierre close?

Are American State Bank Of Pierre ATMs Open 24/7?

Do American State Bank Of Pierre ATMs accept cash deposits?

Can American State Bank Of Pierre customers use other ATMs?

Do American State Bank Of Pierre branches have notaries?

Will American State Bank Of Pierre notarize my document?

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

Will the American State Bank Of Pierre branch print checks?

Do American State Bank Of Pierre checks expire?

Does American State Bank Of Pierre require US citizenship to open account?

Can American State Bank Of Pierre close my account?

Does American State Bank Of Pierre Report to credit bureaus?

Does American State Bank Of Pierre Use Equifax?

What is American State Bank Of Pierre's ACH Routing Number?

What is American State Bank Of Pierre's SWIFT code?

Products

Does American State Bank Of Pierre offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American State Bank Of Pierre offer personal loans?

Compare personal loan rates here.

Does American State Bank Of Pierre offer student loans?

Will American State Bank Of Pierre cash a check?

Will American State Bank Of Pierre redeem a savings bond?

Does American State Bank Of Pierre cash savings bonds?

Will American State Bank Of Pierre cash money orders?

Can American State Bank Of Pierre issue a money order?

Does American State Bank Of Pierre do currency exchange?

Background on The Bank

Who owns American State Bank Of Pierre?

How long has American State Bank Of Pierre been around?

Can American State Bank Of Pierre transfer to other banks?

Does American State Bank Of Pierre have quick pay?

Does American State Bank Of Pierre accept rolled coins?

Will American State Bank Of Pierre accept loose change?

Where is American State Bank Of Pierre headquarters?

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