The American Bank

201 East Cherokee Street
Wagoner, OK 74467

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2312
Date Established 1923
Assets $0.03 billion
Loans $0.00 billion
Deposits $0.02 billion
Capital $0.01 billion

The American Bank is an FDIC insured institution located in Wagoner, OK. It was founded in 1923 and has approximately $0.03 billion in assets.

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

Deposit Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

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

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Loan Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The American Bank

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

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Featured - Virginia Home Equity Line Of Credit Rates 2019

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Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
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Branches

The 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


The American Bank Locations


Financial Details

The American Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The 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
The American Bank 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 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 March 31, 2019, The American Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,553,000 in equity and $66,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
The American Bank U.S. Bank Average
2.14% 9.47%

The American Bank has a Return on Equity of 2.14% versus the BestCashCow average of 9.47%. 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
The American Bank U.S. Bank Average
22.65% 12.49%

The American Bank has a Capitalization of 22.65% versus the BestCashCow average of 12.49. 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.

The American Bank Balance Sheet Analysis

As of March 31, 2019, The American Bank had assets of $28,934,000, loans of $4,283,000, and deposits of $22,281,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.00 billion
Loan loss allowance $0.00 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 $0.00 billion
     Total Assets $0.02 billion
LIABILITIES
Total deposits $0.02 billion
      Interest-bearing deposits $0.02 billion
      Deposits held in domestic offices $0.02 billion
      % insured (estimated) 88.14%
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 $0.00 billion
      Total Liabilities $0.02 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in The American Bank’s loan portfolio are Consumer Auto Loans, 1-4 Family Residential Loans, and Farm Loans.

Compared to other banks in Oklahoma, The American Bank has a significantly higher percent of Consumer Auto 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 17.88
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 20.15
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 7.24
Commercial and Industrial Loans 8.29
Farm Loans 10.41

Frequently Asked Questions About The American Bank

Branches and Savings

Is The American Bank FDIC insured?

Yes. It is covered under FDIC Certificate #2312.

Why does The 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 The American Bank CD rates not competitive?

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

Is The American Bank a commercial bank?

Yes

Where are The American Bank locations?

See branch locations nearby.

Is The American Bank open on Saturdays?

Is The American Bank open on Sundays?

What time does The American Bank open?

What time does The American Bank close?

Are The American Bank ATMs Open 24/7?

Do The American Bank ATMs accept cash deposits?

Can The American Bank customers use other ATMs?

Do The American Bank branches have notaries?

Will The American Bank notarize my document?

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

Will the The American Bank branch print checks?

Do The American Bank checks expire?

Does The American Bank require US citizenship to open account?

Can The American Bank close my account?

Does The American Bank Report to credit bureaus?

Does The American Bank Use Equifax?

What is The American Bank's ACH Routing Number?

What is The American Bank's SWIFT code?

Products

Does The American Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The American Bank offer personal loans?

Compare personal loan rates here.

Does The American Bank offer student loans?

Will The American Bank cash a check?

Will The American Bank redeem a savings bond?

Does The American Bank cash savings bonds?

Will The American Bank cash money orders?

Can The American Bank issue a money order?

Does The American Bank do currency exchange?

Background on The Bank

Who owns The American Bank?

How long has The American Bank been around?

Can The American Bank transfer to other banks?

Does The American Bank have quick pay?

Does The American Bank accept rolled coins?

Will The American Bank accept loose change?

Where is The American Bank headquarters?

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