American Federal Bank

American Federal Bank is headquartered in Fargo and is the 16^st largest bank in the state of North Dakota. It is also the 1,502^nd largest bank in the nation. It was established in 1891 and as of December of 2011, it had grown to 118 employees at 13 locations. American Federal Bank has a 5-star health rating.

American Federal Bank Routing Number: 291271004

Data for Q4 2011

Institution Statistics American Federal Bank OTS # 02983 FDIC Certificate # 29140 BankRate Report View Year Established 1891 Employees 118 Primary Regulator OCC Assets and Liabilities Assets $439.56 million Loans $360.79 million Deposits $363.53 million Equity Capital $34.68 million Loan Loss Allowance $3.35 million Unbacked Noncurrent Loans $448,000 Historic Data - December 2010 Assets $412.33 million Equity Capital $31.64 million Loan Loss Allowance $3.27 million Unbacked Noncurrent Loans $1.77 million Real Estate Owned $1.26 million Profit Margin - Quarterly Net Interest Margin 3.86% Return on Assets 1.37% Return on Equity 17.6% Interest Income $19.48 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 American Federal Bank had $448,000 in non-current loans and owned real-estate with $38.03 million in equity and loan loss allowances on hand to cover it. This gives American Federal Bank a Texas Ratio of 1.18% 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 Federal Bank decreased significantly from 7.06% as of December 31, 2010 to 1.18% as of December 31, 2011, resulting in a positive change of 83.31%.This indicates that the balance sheet and financial strength for American Federal Bank has improved significantly in recent periods. Deposit Growth In the past year, American Federal Bank has increased its total deposits by $46.38 million, resulting in 14.62% 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 Federal Bank has shown is excellent. 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 Federal Bank has $439.56 million in assets with $38.03 million in equity, resulting in a capitalization level of 8.65%, which is average.

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