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Overview / Commentary
903-859-2211
102 W Front
Arp, TX 75750

American State Bank (TX) is headquartered in Arp and is the 207th largest bank in the state of Texas. It is also the 2,451st largest bank in the nation. It was established in 1911 and as of December of 2013, it had grown to 59 employees at 5 locations. American State Bank (TX)'s money market rates are 82% higher than the national average, and it has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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, 2013 American State Bank (TX) had $4.16 million in non-current loans and owned real-estate with $34.58 million in equity and loan loss allowances on hand to cover it. This gives American State Bank (TX) a Texas Ratio of 12.02% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for American State Bank (TX) experienced no significant changes from 10.46% as of December 31, 2012 to 12.02% as of December 31, 2013, resulting in a negative change of 14.84%. This indicates that the balance sheet and financial strength for American State Bank (TX) has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, American State Bank (TX) has increased its total deposits by $16.78 million, resulting in 8.73% 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 State Bank (TX) has shown is excellent.

Capitalization

GRADE:
A+

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 State Bank (TX) has $260.02 million in assets with $34.58 million in equity, resulting in a capitalization level of 13.30%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #9967
Year Established1911
Employees59
Primary RegulatorFED
Assets and Liabilities
Assets$260.03 million
Loans$180.44 million
Deposits$209.10 million
Equity Capital$33.43 million
Loan Loss Allowance$1.15 million
Unbacked Noncurrent Loans$814,000
Real Estate Owned$3.34 million
Historic Data - December 2012
Assets$235.06 million
Equity Capital$37.57 million
Loan Loss Allowance$1.05 million
Unbacked Noncurrent Loans$814,000
Real Estate Owned$3.16 million
Profit Margin - Quarterly
Net Interest Margin4.35%
Return on Assets0.4%
Return on Equity2.92%
Interest Income$10.28 million
Rates
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American State Bank (TX) Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Savings Account
0.15%--Young Savers Account

American State Bank (TX) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.80%$350k-American Advantage Money Market
0.15%$1k-Money Market Account

American State Bank (TX) CD Rates

DetailsAPYMINMAXPRODUCT
1.11%$10k-37 Month CD Special
0.80%--36 Month CD
0.65%--24 Month CD
0.60%$10k-19 Month CD Special
0.50%--18 Month CD
0.50%$10k-13 Month CD Special
0.40%--12 Month CD
0.25%--6 Month CD
0.15%--3 Month CD
0.10%--1 Month CD

American State Bank (TX) IRA Rates

DetailsAPYMINMAXPRODUCT
0.60%--18 Month Variable Rate IRA
Locations


American State Bank (TX) Locations
American State Bank102 W FrontArp, TX 75750
Troup Hwy Branch1116 Troup HwyTyler, TX 75701
Chapel Hill Branch12300 State Highway 64 EastTyler, TX 75707
South Tyler Branch5202 Old Jacksonville HighwayTyler, TX 75703
Copeland Branch907 East Southeast Loop 323Tyler, TX 75701