American Trust Bank of East Tennessee

Headquarters

6771 Baum Drive
Knoxville, TN 37919
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

American Trust Bank of East Tennessee is an FDIC insured institution located in Knoxville, TN. It was founded in 2004 and has approximately $0.14 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57689
Date Established 2004
Assets $ 139.93 million
Loans $ 98.61 million
Deposits $ 114.89 million
Capital $ 18.46 million
 

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

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Trust Bank of East Tennessee

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to American Trust Bank of East Tennessee
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Branches

American Trust Bank of East Tennessee 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 Trust Bank of East Tennessee Locations


Financial Details

American Trust Bank of East Tennessee Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Trust Bank of East Tennessee. 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 Trust Bank of East Tennessee U.S. Bank Average
0% 6.94%

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 March 31, 2020, American Trust Bank of East Tennessee had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $18,462,000 in equity and $1,333,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
American Trust Bank of East Tennessee U.S. Bank Average
13.23% 7.80%

American Trust Bank of East Tennessee has a Return on Equity of 13.23% versus the BestCashCow average of 7.80%. 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 Trust Bank of East Tennessee U.S. Bank Average
13.19% 12.68%

American Trust Bank of East Tennessee has a Capitalization of 13.19% versus the BestCashCow average of 12.68. 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 Trust Bank of East Tennessee Balance Sheet Analysis

As of June 30, 2016, American Trust Bank of East Tennessee had assets of $142,032,000, loans of $98,609,000, and deposits of $114,889,000. 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

March 31, 2020
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 $ 98.61 million
Loan loss allowance $ 1.33 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 $ 114.89 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 $ 139.93 million

Summary Income Statement

March 31, 2020
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 Trust Bank of East Tennessee’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Tennessee, American Trust Bank of East Tennessee has a significantly higher percent of Small Business Loans 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 34.16
Multifamily
Mortgages
1.81
Credit Card Loans 0.00
Consumer Auto Loans 0.65
Small Business Loans 17.28
Construction and Development Loans 10.47
Commercial Real Estate 34.42
Commercial and Industrial Loans 14.58
Farm Loans 0.00

Frequently Asked Questions About American Trust Bank Of East Tennessee

Branches and Savings

Is American Trust Bank Of East Tennessee FDIC insured?

Yes. It is covered under FDIC Certificate #57689.

Why does American Trust Bank Of East Tennessee pay such low interest on savings accounts?

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

Why are American Trust Bank Of East Tennessee CD rates not competitive?

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

Is American Trust Bank Of East Tennessee a commercial bank?

Yes

Where are American Trust Bank Of East Tennessee locations?

See branch locations nearby.

Is American Trust Bank Of East Tennessee open on Saturdays?

Is American Trust Bank Of East Tennessee open on Sundays?

What time does American Trust Bank Of East Tennessee open?

What time does American Trust Bank Of East Tennessee close?

Are American Trust Bank Of East Tennessee ATMs Open 24/7?

Do American Trust Bank Of East Tennessee ATMs accept cash deposits?

Can American Trust Bank Of East Tennessee customers use other ATMs?

Do American Trust Bank Of East Tennessee branches have notaries?

Will American Trust Bank Of East Tennessee notarize my document?

What address for American Trust Bank Of East Tennessee should I put for incoming ACH transfers?

Will the American Trust Bank Of East Tennessee branch print checks?

Do American Trust Bank Of East Tennessee checks expire?

Does American Trust Bank Of East Tennessee require US citizenship to open account?

Can American Trust Bank Of East Tennessee close my account?

Does American Trust Bank Of East Tennessee Report to credit bureaus?

Does American Trust Bank Of East Tennessee Use Equifax?

What is American Trust Bank Of East Tennessee's ACH Routing Number?

What is American Trust Bank Of East Tennessee's SWIFT code?

Products

Does American Trust Bank Of East Tennessee offer mortgages?

Compare mortgage rates here.

Does American Trust Bank Of East Tennessee offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Trust Bank Of East Tennessee offer personal loans?

Compare personal loan rates here.

Does American Trust Bank Of East Tennessee offer student loans?

Will American Trust Bank Of East Tennessee cash a check?

Will American Trust Bank Of East Tennessee redeem a savings bond?

Does American Trust Bank Of East Tennessee cash savings bonds?

Will American Trust Bank Of East Tennessee cash money orders?

Can American Trust Bank Of East Tennessee issue a money order?

Does American Trust Bank Of East Tennessee do currency exchange?

Background on The Bank

Who owns American Trust Bank Of East Tennessee?

How long has American Trust Bank Of East Tennessee been around?

Can American Trust Bank Of East Tennessee transfer to other banks?

Does American Trust Bank Of East Tennessee have quick pay?

Does American Trust Bank Of East Tennessee accept rolled coins?

Will American Trust Bank Of East Tennessee accept loose change?

Where is American Trust Bank Of East Tennessee headquarters?

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