American Bank N.A.

American Bank N.A. is headquartered in Le Mars and is the 69^th largest bank in the state of Iowa. It is also the 2,745^th largest bank in the nation. It was established in 1887 and as of September of 2011, it had grown to 39 employees at 2 locations. American Bank N.A.'s savings rates are 3X the national average, and it boasts a 5-star health rating.

American Bank N.A. Checking Account Rates

American Bank N.A. Savings Account Rates

American Bank N.A. Money Market Rates

American Bank N.A. CD Rates

Data for Q3 2011

Institution Statistics American Bank, National Association FDIC Certificate # 5800 BankRate Report View Year Established 1887 Employees 39 Primary Regulator OCC Assets and Liabilities Assets $231.61 million Loans $178.04 million Deposits $190.87 million Equity Capital $25.32 million Loan Loss Allowance $3.26 million Unbacked Noncurrent Loans $1.61 million Historic Data - September 2010 Assets $222.10 million Equity Capital $23.50 million Loan Loss Allowance $3.56 million Unbacked Noncurrent Loans $1.24 million Real Estate Owned $1.83 million Profit Margin - Quarterly Net Interest Margin 3.66% Return on Assets 1.93% Return on Equity 17.77% Interest Income $8.55 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 September 30, 2011 American Bank N.A. had $1.61 million in non-current loans and owned real-estate with $28.58 million in equity and loan loss allowances on hand to cover it. This gives American Bank N.A. a Texas Ratio of 5.64% 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 American Bank N.A. decreased significantly from 11.37% as of September 30, 2010 to 5.64% as of September 30, 2011, resulting in a positive change of 50.38%.This indicates that the balance sheet and financial strength for American Bank N.A. has improved significantly in recent periods. Deposit Growth In the past year, American Bank N.A. has increased its total deposits by $8.2 million, resulting in 4.49% 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 American Bank N.A. 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. American Bank N.A. has $231.61 million in assets with $28.58 million in equity, resulting in a capitalization level of 12.34%, which is excellent.

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