American Trust & Savings Bank

Headquarters

1321 - 119th Street
Whiting, IN 46394
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
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 & Savings Bank is an FDIC insured institution located in Whiting, IN. It was founded in 1920 and has approximately $0.12 billion in assets.

FDIC Insured Yes
FDIC Certificate # 13099
Date Established 1920
Assets $ 119.08 million
Loans $ 70.08 million
Deposits $ 99.51 million
Capital $ 9.64 million
 

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

Deposit Rates - October 20, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 20, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Trust & Savings 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.574% 2.500% 1.00 $2,445 $988 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 & Savings Bank
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Branches

American Trust & Savings 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 Trust & Savings Bank Locations


Financial Details

American Trust & Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Trust & Savings 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 Trust & Savings Bank U.S. Bank Average
39.43% 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 & Savings Bank had $4,458,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,642,000 in equity and $1,665,000 in loans loss reserves. That gives it a Texas Ratio of 39.43%.

Return on Equity
American Trust & Savings Bank U.S. Bank Average
-16.18% 7.80%

American Trust & Savings Bank has a Return on Equity of -16.18% 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 & Savings Bank U.S. Bank Average
8.1% 12.68%

American Trust & Savings Bank has a Capitalization of 8.1% 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 & Savings Bank Balance Sheet Analysis

As of November 30, -0001, American Trust & Savings Bank had assets of $118,757,000, loans of $70,083,000, and deposits of $99,512,000. 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 $ 70.08 million
Loan loss allowance $ 1.67 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 $ 99.51 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 $ 119.08 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 & Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, American Trust & Savings 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About American Trust & Savings Bank

Branches and Savings

Is American Trust & Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13099.

Why does American Trust & Savings 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 Trust & Savings Bank CD rates not competitive?

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

Is American Trust & Savings Bank a commercial bank?

Yes

Where are American Trust & Savings Bank locations?

See branch locations nearby.

Is American Trust & Savings Bank open on Saturdays?

Is American Trust & Savings Bank open on Sundays?

What time does American Trust & Savings Bank open?

What time does American Trust & Savings Bank close?

Are American Trust & Savings Bank ATMs Open 24/7?

Do American Trust & Savings Bank ATMs accept cash deposits?

Can American Trust & Savings Bank customers use other ATMs?

Do American Trust & Savings Bank branches have notaries?

Will American Trust & Savings Bank notarize my document?

What address for American Trust & Savings Bank should I put for incoming ACH transfers?

Will the American Trust & Savings Bank branch print checks?

Do American Trust & Savings Bank checks expire?

Does American Trust & Savings Bank require US citizenship to open account?

Can American Trust & Savings Bank close my account?

Does American Trust & Savings Bank Report to credit bureaus?

Does American Trust & Savings Bank Use Equifax?

What is American Trust & Savings Bank's ACH Routing Number?

What is American Trust & Savings Bank's SWIFT code?

Products

Does American Trust & Savings Bank offer mortgages?

Compare mortgage rates here.

Does American Trust & Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Trust & Savings Bank offer personal loans?

Compare personal loan rates here.

Does American Trust & Savings Bank offer student loans?

Will American Trust & Savings Bank cash a check?

Will American Trust & Savings Bank redeem a savings bond?

Does American Trust & Savings Bank cash savings bonds?

Will American Trust & Savings Bank cash money orders?

Can American Trust & Savings Bank issue a money order?

Does American Trust & Savings Bank do currency exchange?

Background on The Bank

Who owns American Trust & Savings Bank?

How long has American Trust & Savings Bank been around?

Can American Trust & Savings Bank transfer to other banks?

Does American Trust & Savings Bank have quick pay?

Does American Trust & Savings Bank accept rolled coins?

Will American Trust & Savings Bank accept loose change?

Where is American Trust & Savings Bank headquarters?

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