American Savings Bank, FSB

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



American Savings Bank, FSB is headquartered in Portsmouth and is the 82nd largest bank in the state of Ohio. It is also the 2,805th largest bank in the nation. It was established in 1892 and as of December of 2011, it had grown to 48 employees at 4 locations. American Savings Bank, FSB has a 2-star health rating.

American Savings Bank, FSB Routing Number: 242272625

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Top 5-Year And 4-Year CD Rates At American Savings Bank (Forum) - 5/25/2011

American Savings Bank is offering two very competitive long-term CD rates as of 5/25/2011: 3.00% APY for 5 years and 2.75% APY for 4 years. Minimum deposit is $500. It's a small bank with four branches in Ohio and Kentucky. However, according to this Ba



See Rates for: Checking | Savings | Money Market | CD | IRA

American Savings Bank, FSB Checking Account Rates

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0.10%$500-NOW Account Checking
0.10%$500-Basic Business Checking

American Savings Bank, FSB Savings Account Rates

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0.40%$100k-Statement Savings Account
0.40%$10k-Health Savings Account
0.25%--Christmas Club

American Savings Bank, FSB Money Market Rates

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0.40%$50k-Investors Money Market Account

American Savings Bank, FSB CD Rates

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1.75%$500-5 Year Featured CD
1.40%$500-4 Year Featured CD
1.00%$500-3 Year w/ Special Features CD
0.90%$500-30 Month CD
0.75%$500-18 Month CD
0.75%$500-2 Year CD
0.60%$500-1 Year CD
0.50%$2,500-6 Month CD
0.50%$2,500-9 Month CD
0.25%$2,500-3 Month CD

American Savings Bank, FSB IRA Rates

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1.50%$500-18 Month IRA

Rates updated: 5/21/2012

Data for Q4 2011


Institution Statistics


American Savings Bank, FSB
OTS #12609
FDIC Certificate #29597
BankRate ReportView
Year Established1892
Employees48
Primary RegulatorOCC

Assets and Liabilities

Assets$226.38 million
Loans$167.00 million
Deposits$192.36 million
Equity Capital$19.42 million
Loan Loss Allowance$1.85 million
Unbacked Noncurrent Loans$8.35 million
Real Estate Owned$805,000

Historic Data - December 2010

Assets$231.36 million
Equity Capital$18.46 million
Loan Loss Allowance$2.23 million
Unbacked Noncurrent Loans$5.87 million
Real Estate Owned$643,000

Profit Margin - Quarterly

Net Interest Margin3.93%
Return on Assets0.84%
Return on Equity9.8%
Interest Income$10.93 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio2
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 Savings Bank, FSB had $9.16 million in non-current loans and owned real-estate with $21.27 million in equity and loan loss allowances on hand to cover it. This gives American Savings Bank, FSB a Texas Ratio of 43.06% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for American Savings Bank, FSB increased slightly from 31.47% as of December 31, 2010 to 43.06% as of December 31, 2011, resulting in a negative change of 36.81%. This indicates that the balance sheet and financial strength for American Savings Bank, FSB has declined slightly in recent periods.
Deposit Growth3
In the past year, American Savings Bank, FSB has increased its total deposits by $269,000, resulting in 0.14% 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 average.
Capitalization3
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 $226.38 million in assets with $21.27 million in equity, resulting in a capitalization level of 9.40%, which is average.
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