American Savings Bank, FSB

American Savings Bank, FSB Locations
503 Chillicothe Street
Portsmouth, OH 45662
(866) 866-3177
www.asbportsmouth.com

FDIC


American Savings Bank, FSB is headquartered in Portsmouth and is the 68th largest bank in the state of Ohio. It is also the 2,399th largest bank in the nation. It was established in 1892 and as of December of 2012, it had grown to 61 employees at 6 locations. American Savings Bank, FSB has a 4-star health rating.

American Savings Bank, FSB Routing Number: 242272625

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See Rates for: Checking | Savings | Money Market

American Savings Bank, FSB Checking Account Rates

ApyMinMaxProduct
2.00%-$15kKasasa Cash
0.01%$500-Basic Business Checking

American Savings Bank, FSB Savings Account Rates

ApyMinMaxProduct
0.50%-$15kkasasa Saver
0.15%$100k-Statement Savings Account
0.15%$10k-Health Savings Account
0.05%--Christmas Club

American Savings Bank, FSB Money Market Rates

ApyMinMaxProduct
0.25%$50k-Investors Money Market Account

Rates updated: 5/21/2013

Data for Q4 2012


Institution Statistics


American Savings Bank, FSB
OTS #12609
FDIC Certificate #29597
BankRate ReportView
Year Established1892
Employees61
Primary RegulatorOCC

Assets and Liabilities

Assets$268.24 million
Loans$194.60 million
Deposits$233.88 million
Equity Capital$18.29 million
Loan Loss Allowance$2.44 million
Unbacked Noncurrent Loans$5.49 million
Real Estate Owned$319,000

Historic Data - December 2011

Assets$226.38 million
Equity Capital$19.42 million
Loan Loss Allowance$1.85 million
Unbacked Noncurrent Loans$8.35 million
Real Estate Owned$805,000

Profit Margin - Quarterly

Net Interest Margin3.5%
Return on Assets0.36%
Return on Equity4.47%
Interest Income$10.19 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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, 2012 American Savings Bank, FSB had $5.81 million in non-current loans and owned real-estate with $20.72 million in equity and loan loss allowances on hand to cover it. This gives American Savings Bank, FSB a Texas Ratio of 28.06% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for American Savings Bank, FSB decreased slightly from 43.06% as of December 31, 2011 to 28.06% as of December 31, 2012, resulting in a positive change of 34.84%.This indicates that the balance sheet and financial strength for American Savings Bank, FSB has improved slightly in recent periods.
Deposit Growth5
In the past year, American Savings Bank, FSB has increased its total deposits by $41.52 million, resulting in 21.58% 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 Savings Bank, FSB has shown is excellent.
Capitalization2
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 Savings Bank, FSB has $268.24 million in assets with $20.72 million in equity, resulting in a capitalization level of 7.72%, which is below average.
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