American Savings Bank (OH)

American Savings Bank (OH) is headquartered in Middletown and is the 219^st largest bank in the state of Ohio. It is also the 6,686^th largest bank in the nation. It was established in 1889 and as of December of 2011, it had grown to 11 employees at 2 locations. American Savings Bank (OH) has a 5-star health rating.

American Savings Bank (OH) Checking Account Rates

American Savings Bank (OH) Savings Account Rates

American Savings Bank (OH) CD Rates

American Savings Bank (OH) IRA Rates

Data for Q4 2011

Institution Statistics American Savings Bank OTS # 04287 FDIC Certificate # 29899 BankRate Report View Year Established 1889 Employees 11 Primary Regulator FDIC Assets and Liabilities Assets $40.36 million Loans $29.60 million Deposits $32.96 million Equity Capital $6.62 million Loan Loss Allowance $297,000 Unbacked Noncurrent Loans $282,000 Historic Data - December 2010 Assets $39.22 million Equity Capital $6.58 million Loan Loss Allowance $224,000 Unbacked Noncurrent Loans $904,000 Profit Margin - Quarterly Net Interest Margin 4.68% Return on Assets 0.06% Return on Equity 0.38% Interest Income $1.93 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 Savings Bank (OH) had $282,000 in non-current loans and owned real-estate with $6.91 million in equity and loan loss allowances on hand to cover it. This gives American Savings Bank (OH) a Texas Ratio of 4.08% 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 Savings Bank (OH) decreased significantly from 13.29% as of December 31, 2010 to 4.08% as of December 31, 2011, resulting in a positive change of 69.30%.This indicates that the balance sheet and financial strength for American Savings Bank (OH) has improved significantly in recent periods. Deposit Growth In the past year, American Savings Bank (OH) has increased its total deposits by $1.02 million, resulting in 3.18% 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 (OH) has shown is above average. 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 Savings Bank (OH) has $40.36 million in assets with $6.91 million in equity, resulting in a capitalization level of 17.13%, which is excellent.

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