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American Trust Bank of East Tennessee

Based on 1 review
American Trust Bank of East Tennessee
Overview / Commentary
6771 Baum Drive
Knoxville, TN 37919

American Trust Bank of East Tennessee is headquartered in Knoxville and is the 128th largest bank in the state of Tennessee. It is also the 3,952nd largest bank in the nation. It was established in 2004 and as of March of 2014, it had grown to 36 employees at 4 locations. American Trust Bank of East Tennessee has a B+ health rating.

Reviews (1)

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

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 American Trust Bank of East Tennessee had $3.13 million in non-current loans and owned real-estate with $19.16 million in equity and loan loss allowances on hand to cover it. This gives American Trust Bank of East Tennessee a Texas Ratio of 16.35% 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 Trust Bank of East Tennessee experienced no significant changes from 17.42% as of March 31, 2013 to 16.35% as of March 31, 2014, resulting in a positive change of 6.10%.This indicates that the balance sheet and financial strength for American Trust Bank of East Tennessee has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, American Trust Bank of East Tennessee has increased its total deposits by $5.69 million, resulting in 5.15% 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 Trust Bank of East Tennessee 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 Trust Bank of East Tennessee has $136.74 million in assets with $19.16 million in equity, resulting in a capitalization level of 14.01%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57689
Year Established2004
Employees36
Primary RegulatorFDIC
Assets and Liabilities
Assets$136.74 million
Loans$98.93 million
Deposits$116.15 million
Equity Capital$14.92 million
Loan Loss Allowance$4.24 million
Unbacked Noncurrent Loans$2.98 million
Real Estate Owned$155,000
Historic Data - March 2013
Assets$128.81 million
Equity Capital$12.61 million
Loan Loss Allowance$4.49 million
Unbacked Noncurrent Loans$2.98 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.04%
Return on Assets0.81%
Return on Equity7.52%
Interest Income$1.48 million
Rates

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Locations


American Trust Bank of East Tennessee Locations
LA Follette Branch2025 Jacksboro PikeLA Follette, TN 37766
Medical Park Drive Branch256 Medical Park DriveLenoir City, TN 37771
Knoxville Office Branch5426 Homberg DriveKnoxville, TN 37919
American Trust Bank Of East Tennessee6771 Baum DriveKnoxville, TN 37919