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Overview / Commentary
1985 Dekalb Avenue
Sycamore, IL 60178

American Midwest Bank is headquartered in Sycamore and is the 90th largest bank in the state of Illinois. It is also the 1,439th largest bank in the nation. It was established in 1973 and as of June of 2014, it had grown to 128 employees at 7 locations. American Midwest Bank's savings rates are 3X the national average, and it has a B health rating.

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Branch Visit

I called the HSA department today.  They advised me that a branch visit would be required to open ANY account including the HSA.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 American Midwest Bank had $16.88 million in non-current loans and owned real-estate with $59.87 million in equity and loan loss allowances on hand to cover it. This gives American Midwest Bank a Texas Ratio of 28.19% 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 Midwest Bank decreased slightly from 32.31% as of June 30, 2013 to 28.19% as of June 30, 2014, resulting in a positive change of 12.76%.This indicates that the balance sheet and financial strength for American Midwest Bank has improved slightly in recent periods.

Deposit Growth


In the past year, American Midwest Bank has decreased its total deposits by -$8.28 million, resulting in -1.98% 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 Midwest Bank has shown is average.



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 Midwest Bank has $468.36 million in assets with $59.87 million in equity, resulting in a capitalization level of 12.78%, which is excellent.

Institution Statistics

FDIC Certificate #21272
Year Established1973
Primary RegulatorFDIC
Assets and Liabilities
Assets$468.36 million
Loans$342.77 million
Deposits$410.17 million
Equity Capital$55.23 million
Loan Loss Allowance$4.64 million
Unbacked Noncurrent Loans$4.79 million
Real Estate Owned$12.09 million
Historic Data - June 2013
Assets$480.81 million
Equity Capital$55.55 million
Loan Loss Allowance$5.79 million
Unbacked Noncurrent Loans$4.79 million
Real Estate Owned$9.48 million
Profit Margin - Quarterly
Return on Assets0.68%
Return on Equity5.81%
Interest Income$9.43 million

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American Midwest Bank Savings Account Rates

1.75%$10k-HSA Checking
0.25%--Holiday Club Savings
0.12%--Regular Savings

American Midwest Bank Money Market Rates

0.13%$25k-Money Market Account

American Midwest Bank Checking Account Rates

0.27%$5k-American Eagle Account

American Midwest Bank CD Rates

2.01%$1k-5 Year CD
1.50%$1k-4 Year CD
1.30%$1k-3 Year CD
1.00%$1k-2 Year CD
0.35%$1k-1 Year CD
0.27%$1k-18 Month CD
0.20%$2,500-6 Month CD
0.15%$2,500-9 Month CD
0.07%$2,500-30 Day CD
0.07%$2,500-60 Day CD
0.07%$2,500-3 Month CD

American Midwest Bank IRA Rates

2.01%$100-5 Year IRA
1.50%$100-4 Year IRA
1.30%$100-3 Year IRA
1.00%$100-2 Year IRA
0.35%$100-1 Year IRA
0.27%$100-18 Month IRA

American Midwest Bank Locations
Sycamore Branch124 South Main StreetSycamore, IL 60178
American Midwest Bank1985 Dekalb AvenueSycamore, IL 60178
Schaumburg Branch321 West Golf RoadSchaumburg, IL 60196
Gurnee Branch36044 North Brookside DriveGurnee, IL 60031
Antioch Branch485 Lake StreetAntioch, IL 60002
Fourth Street Facility913 South Fourth StreetDe Kalb, IL 60115