American Bank of Commerce (UT)

American Bank of Commerce (UT) is headquartered in Provo and is the 53^rd largest bank in the state of Utah. It is also the 6,491^st largest bank in the nation. It was established in 1996 and as of December of 2011, it had grown to 24 employees at 5 locations. American Bank of Commerce (UT) has a 4-star health rating.

American Bank of Commerce (UT) Savings Account Rates

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American Bank of Commerce (UT) IRA Rates

Data for Q4 2011

Institution Statistics American Bank of Commerce FDIC Certificate # 34232 BankRate Report View Year Established 1996 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $46.23 million Loans $32.34 million Deposits $37.77 million Equity Capital $8.18 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $2.09 million Real Estate Owned $179,000 Historic Data - December 2010 Assets $53.11 million Equity Capital $7.98 million Loan Loss Allowance $860,000 Unbacked Noncurrent Loans $2.09 million Real Estate Owned $2.03 million Profit Margin - Quarterly Net Interest Margin 5.12% Return on Assets 0.41% Return on Equity 2.55% Interest Income $2.45 million

Institution Health Overall Score: 4 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 American Bank of Commerce (UT) had $2.27 million in non-current loans and owned real-estate with $9.23 million in equity and loan loss allowances on hand to cover it. This gives American Bank of Commerce (UT) a Texas Ratio of 24.64% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for American Bank of Commerce (UT) decreased significantly from 46.57% as of December 31, 2010 to 24.64% as of December 31, 2011, resulting in a positive change of 47.09%.This indicates that the balance sheet and financial strength for American Bank of Commerce (UT) has improved significantly in recent periods. Deposit Growth In the past year, American Bank of Commerce (UT) has decreased its total deposits by -$7.24 million, resulting in -16.09% 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 of Commerce (UT) has shown is poor. 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 of Commerce (UT) has $46.23 million in assets with $9.23 million in equity, resulting in a capitalization level of 19.96%, which is excellent.

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