American Bank of Commerce is headquartered in Wolfforth and is the 67th largest bank in the state of Texas. It is also the 833rd largest bank in the nation. It was established in 1962 and as of March of 2019, it had grown to 163 employees at 16 locations. American Bank of Commerce has an A health rating.
|FDIC Certificate #||18609|
|Return on Assets - YTD||1.04%|
|Return on Equity - YTD||11.43%|
|Annual Interest Income||$10.2MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$940.8MM$896.9MM|
|Loans||Q1 2019vs Q1 2018||$577.2MM$577.6MM|
|Deposits||Q1 2019vs Q1 2018||$828.7MM$803.3MM|
|Equity Capital||Q1 2019vs Q1 2018||$89.1MM$77.5MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$8.3MM$7.2MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$684.00K$315.00K|
|Real Estate Owned||Q1 2019vs Q1 2018||$2.1MM$2.1MM|
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