AmBank

AmBank is headquartered in Silver City and is the 33^rd largest bank in the state of New Mexico. It is also the 4,447^th largest bank in the nation. It was established in 1997 and as of December of 2011, it had grown to 39 employees at 3 locations. AmBank has a 5-star health rating.

AmBank Checking Account Rates

AmBank Savings Account Rates

AmBank Money Market Rates

AmBank CD Rates

AmBank IRA Rates

Data for Q4 2011

Institution Statistics AmBank FDIC Certificate # 34302 BankRate Report View Year Established 1997 Employees 39 Primary Regulator FDIC Assets and Liabilities Assets $119.55 million Loans $49.89 million Deposits $101.65 million Equity Capital $17.32 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $530,000 Real Estate Owned $754,000 Historic Data - December 2010 Assets $113.83 million Equity Capital $16.03 million Loan Loss Allowance $1.40 million Unbacked Noncurrent Loans $1.31 million Real Estate Owned $123,000 Profit Margin - Quarterly Net Interest Margin 4.29% Return on Assets 0.62% Return on Equity 4.42% Interest Income $4.95 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 AmBank had $1.28 million in non-current loans and owned real-estate with $18.61 million in equity and loan loss allowances on hand to cover it. This gives AmBank a Texas Ratio of 6.90% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for AmBank decreased slightly from 8.19% as of December 31, 2010 to 6.90% as of December 31, 2011, resulting in a positive change of 15.77%.This indicates that the balance sheet and financial strength for AmBank has improved slightly in recent periods. Deposit Growth In the past year, AmBank has increased its total deposits by $4.39 million, resulting in 4.51% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth AmBank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. AmBank has $119.55 million in assets with $18.61 million in equity, resulting in a capitalization level of 15.57%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.