Habib American Bank

99 Madison Avenue
New York, NY 10016

Habib American Bank
 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 25093
Date Established 1984
Assets $1.62 billion
Loans $0.91 billion
Deposits $1.46 billion
Capital $0.14 billion

Habib American Bank is an FDIC insured institution located in New York, NY. It was founded in 1984 and has approximately $1.62 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of Habib American 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 Habib American Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in New York, Habib American Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 10.59
Multifamily
Mortgages
6.33
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 20.44
Construction and Development Loans 0.00
Commercial Real Estate 71.38
Commercial and Industrial Loans 5.71
Farm Loans 0.00

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

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

Advertiser Disclosure

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Habib American 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
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NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More
Rocket Mortgage
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Quicken Loans NMLS #3030
NMLS ID: 3030
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Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Habib American Bank
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Branches

Habib American 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


Habib American Bank Locations


Financial Details

Habib American Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Habib American 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
Habib American Bank U.S. Bank Average
0.65% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, Habib American Bank had $1,005,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $140,041,000 in equity and $14,670,000 in loans loss reserves. That gives it a Texas Ratio of 0.65%.

Return on Equity
Habib American Bank U.S. Bank Average
15.32% 8.80%

Habib American Bank has a Return on Equity of 15.32% versus the BestCashCow average of 8.80%. 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
Habib American Bank U.S. Bank Average
8.63% 12.29%

Habib American Bank has a Capitalization of 8.63% versus the BestCashCow average of 12.29. 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.

Habib American Bank Balance Sheet Analysis

As of December 31, 2018, Habib American Bank had assets of $1,623,186,000, loans of $909,957,000, and deposits of $1,459,889,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.63 billion
Interest-bearing balances $0.62 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.91 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.02 billion
     Total Assets $1.48 billion
LIABILITIES
Total deposits $1.46 billion
      Interest-bearing deposits $1.23 billion
      Deposits held in domestic offices $1.13 billion
      % insured (estimated) 26.17%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $1.48 billion
      Shareholders’ Equity $0.14 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.06 billion
Total Interest Expense $0.02 billion
Net interest income $0.04 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.02 billion
Total non interest expense $0.03 billion
Pre-tax Net Operating Income $0.03 billion

Frequently Asked Questions About Habib American Bank

Branches and Savings

Is Habib American Bank FDIC insured?

Yes. It is covered under FDIC Certificate #25093.

Why does Habib American Bank pay such low interest on savings accounts?

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

Why are Habib American Bank CD rates not competitive?

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

Is Habib American Bank a commercial bank?

Yes

Where are Habib American Bank locations?

See branch locations nearby.

Is Habib American Bank open on Saturdays?

Is Habib American Bank open on Sundays?

What time does Habib American Bank open?

What time does Habib American Bank close?

Are Habib American Bank ATMs Open 24/7?

Do Habib American Bank ATMs accept cash deposits?

Can Habib American Bank customers use other ATMs?

Do Habib American Bank branches have notaries?

Will Habib American Bank notarize my document?

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

Will the Habib American Bank branch print checks?

Do Habib American Bank checks expire?

Does Habib American Bank require US citizenship to open account?

Can Habib American Bank close my account?

Does Habib American Bank Report to credit bureaus?

Does Habib American Bank Use Equifax?

What is Habib American Bank's ACH Routing Number?

What is Habib American Bank's SWIFT code?

Products

Does Habib American Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Habib American Bank offer personal loans?

Compare personal loan rates here.

Does Habib American Bank offer student loans?

Will Habib American Bank cash a check?

Will Habib American Bank redeem a savings bond?

Does Habib American Bank cash savings bonds?

Will Habib American Bank cash money orders?

Can Habib American Bank issue a money order?

Does Habib American Bank do currency exchange?

Background on The Bank

Who owns Habib American Bank?

How long has Habib American Bank been around?

Can Habib American Bank transfer to other banks?

Does Habib American Bank have quick pay?

Does Habib American Bank accept rolled coins?

Will Habib American Bank accept loose change?

Where is Habib American Bank headquarters?

Customer Reviews for Habib American Bank


  • Ryan

    February 13, 2018

    Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys and gals should be in jail. I did not enjoy my travels to the Middle East.

  • AK

    September 11, 2017

    This bank has horrible customer service. The lady who picks up the phone doesn't hear your full question before transferring you (95% of the time) to the wrong party. When I called them another time I called them at 4:05PM and the same lady called and actually got mad at me for calling them after hours (I didn't know they close at 4PM) when she picked up my call. She shouldn't have picked up the phone then.

    I know other people who have had the same horrible customer service experience. If this bank was ever mystery shopped, it would shut down! I don't know how they manage to stay open.

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*Should any logos, images or public notes appear on this page,they do so courtesy of Habib American Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.dd