ANB Bank is headquartered in Denver and is the 5th largest bank in the state of Colorado. It is also the 351st largest bank in the nation. It was established in 1964 and as of March of 2014, it had grown to 497 employees at 36 locations. ANB Bank has a A health rating.
I mostly use American National Bank for a savings account and some CDs for funds I want to keep available for quick access. It’s a regional bank with offices in Colorado and Wyoming. Although they have quite a few branches in rural areas, there are only 5 branches in the Denver area.
Interest on a basic savings account is currently a measly 0.15%, but that is better than Wells Fargo’s current 0.05%. Interest on CDs is nothing to get too excited about either, but they do pay more than some of the huge national banks.
Service has been fine at the branches I have used. They usually are not too busy and the employees are very friendly. I don’t use the on-line banking too much but have linked my Pay-Pal account to this savings account. There have been no problems with transactions being posted correctly.
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 March 31, 2014 ANB Bank had $6.25 million in non-current loans and owned real-estate with $197 million in equity and loan loss allowances on hand to cover it. This gives ANB Bank a Texas Ratio of 3.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for ANB Bank decreased dramatically from 9.60% as of March 31, 2013 to 3.17% as of March 31, 2014, resulting in a positive change of 66.95%.This indicates that the balance sheet and financial strength for ANB Bank has improved dramatically in recent periods.
In the past year, ANB Bank has increased its total deposits by $61.08 million, resulting in 3.68% 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 ANB Bank has shown is excellent.
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. ANB Bank has $2.09 billion in assets with $197 million in equity, resulting in a capitalization level of 9.42%, which is average.
|FDIC Certificate #||19220|
|Assets and Liabilities|
|Equity Capital||$185.21 million|
|Loan Loss Allowance||$11.79 million|
|Unbacked Noncurrent Loans||$5.27 million|
|Real Estate Owned||$981,000|
|Historic Data - March 2013|
|Equity Capital||$205.02 million|
|Loan Loss Allowance||$12.10 million|
|Unbacked Noncurrent Loans||$5.27 million|
|Real Estate Owned||$7.74 million|
|Profit Margin - Quarterly|
|Net Interest Margin||2.9%|
|Return on Assets||1.07%|
|Return on Equity||12.19%|
|Interest Income||$14.47 million|
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|0.10%||$10k||-||Health Savings Account|
|0.05%||-||-||Business Regular Savings|
|0.05%||-||-||Personal Regular Savings|
|0.20%||$250k||-||Personal Money Management|
|0.20%||$250k||-||Business Money Management|
|1.41%||$10k||-||60 Month Relationship CD|
|1.00%||$10k||-||36 Month Relationship CD|
|1.00%||$10k||-||48 Month Relationship CD|
|0.90%||$10k||-||60 Month CD|
|0.55%||$10k||-||48 Month CD|
|0.55%||$10k||-||24 Month Relationship CD|
|0.50%||$10k||-||36 Month CD|
|0.35%||$10k||-||12 Month Relationship CD|
|0.30%||$10k||-||24 Month CD|
|0.20%||$10k||-||12 Month CD|
|0.20%||$10k||-||180 Day Relationship CD|
|0.15%||$10k||-||90 Day Relationship CD|
|0.10%||$10k||-||90 Day CD|
|0.10%||$10k||-||180 Day CD|
|1.41%||$10k||-||60 Month Relationship IRA|
|1.00%||$10k||-||36 Month Relationship IRA|
|1.00%||$10k||-||48 Month Relationship IRA|
|0.90%||$10k||-||60 Month IRA|
|0.55%||$10k||-||24 Month Relationship IRA|
|0.55%||$10k||-||48 Month IRA|
|0.50%||$10k||-||36 Month IRA|
|0.35%||$10k||-||12 Month Relationship IRA|
|0.30%||$10k||-||24 Month IRA|
|0.20%||$10k||-||180 Day Relationship IRA|
|0.20%||$10k||-||12 Month IRA|
|0.15%||$10k||-||90 Day Relationship IRA|
|0.10%||$10k||-||90 Day IRA|
|0.10%||$10k||-||180 Day IRA|