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5503 Eighth Avenue
Brooklyn, NY 11220

First American International Bank is headquartered in Brooklyn and is the 68th largest bank in the state of New York. It is also the 1,204th largest bank in the nation. It was established in 1999 and as of June of 2014, it had grown to 207 employees at 9 locations. First American International Bank has a B+ health rating.

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Data for Q2 2014

Institution Health


Texas Ratio


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 June 30, 2014 First American International Bank had $7.49 million in non-current loans and owned real-estate with $80.76 million in equity and loan loss allowances on hand to cover it. This gives First American International Bank a Texas Ratio of 9.28% 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 First American International Bank decreased dramatically from 27.84% as of June 30, 2013 to 9.28% as of June 30, 2014, resulting in a positive change of 66.67%.This indicates that the balance sheet and financial strength for First American International Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, First American International Bank has decreased its total deposits by -$9.97 million, resulting in -2.35% 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 First American International Bank has shown is average.



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. First American International Bank has $555.28 million in assets with $80.76 million in equity, resulting in a capitalization level of 14.54%, which is excellent.

Institution Statistics

FDIC Certificate #35186
Year Established1999
Primary RegulatorFDIC
Assets and Liabilities
Assets$555.28 million
Loans$362.78 million
Deposits$414.46 million
Equity Capital$72.94 million
Loan Loss Allowance$7.82 million
Unbacked Noncurrent Loans$7.49 million
Real Estate Owned$0
Historic Data - June 2013
Assets$517.92 million
Equity Capital$71.14 million
Loan Loss Allowance$8.54 million
Unbacked Noncurrent Loans$7.49 million
Real Estate Owned$176,000
Profit Margin - Quarterly
Return on Assets0.44%
Return on Equity3.36%
Interest Income$12.95 million

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First American International Bank Savings Account Rates

0.25%$10k-High Yield Passbook Savings
0.05%--Personal Statement
0.05%--Passbook Savings
0.05%--Business Statement Savings

First American International Bank Money Market Rates

0.40%$100k-High Yield Money Market (HYMMA) Personal
0.40%$100k-High Yield Money Market (HYMMA) Business
0.10%--Super Saver Money Market
0.10%$30k-Business Money Market
0.05%--Insured Money Market

First American International Bank Checking Account Rates

0.15%--NOW Checking
0.15%--Business NOW Checking

First American International Bank CD Rates

1.65%$500-5 Year CD
1.65%$500-Business 5 Year CD
1.45%$500-4 Year CD
1.45%$500-Business 4 Year CD
1.25%$500-3 Year CD
1.25%$500-Business 3 Year CD
1.00%$500-2 Year CD
1.00%$500-Business 2 Year CD
1.00%$500-26 Month CD
1.00%$500-Business 26 Month CD
0.80%$500-18 Month CD
0.80%$500-Business 18 Month CD
0.60%$500-17 Month CD
0.60%$500-Business 17 Month CD
0.55%$500-15 Month CD
0.55%$500-Business 15 Month CD
0.55%$500-13 Month CD
0.55%$500-Business 13 Month CD
0.40%$500-8 Month CD
0.40%$500-9 Month CD
0.40%$500-1 Year CD
0.40%$500-Business 8 Month CD
0.40%$500-Business 9 Month CD
0.40%$500-Business 1 Year CD
0.35%$500-6 Month CD
0.35%$500-Business 6 Month CD
0.10%$500-1 Month CD
0.10%$500-3 Month CD
0.10%$500-Business 1 Month CD
0.10%$500-Business 3 Month CD

First American International Bank IRA Rates

1.65%--5 Year IRA
1.45%--4 Year IRA
1.25%--3 Year IRA
1.00%--2 Year IRA
1.00%--26 Month IRA
0.80%--18 Month IRA
0.60%--17 Month IRA
0.55%--15 Month IRA
0.55%--13 Month IRA
0.40%--1 Year IRA
0.40%--9 Month IRA

First American International Bank Locations
Forest Hills Branch107-50 Queens Blvd.Forest Hills, NY 11375
East Broadway Branch123 East BroadwayNew York, NY 10002
Grand Street Branch238/240 Grand StreetNew York, NY 10002
Bowery Branch29 BoweryNew York, NY 10002
Flushing Centre Branch40-48 Main StFlushing, NY 11354
42-04 Main Street, Flushing Branch42-04/06/08 Main StreetFlushing, NY 11355
First American International Bank5503 Eighth AvenueBrooklyn, NY 11220
Eighth Avenue Branch5902 Eighth AvenueBrooklyn, NY 11220
Elmhurst Branch86-55 BroadwayElmhurst, NY 11373