American Bank of Commerce is headquartered in Wolfforth and is the 65th largest bank in the state of Texas. It is also the 695th largest bank in the nation. It was established in 1962 and as of June of 2022, it had grown to 180 employees at 16 locations. American Bank of Commerce has a B+ health rating.
Overall | |
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FDIC Certificate # | 18609 |
Year Established | 1962 |
Employees | 180 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 13.74% |
Annual Interest Income | $23.8MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.51B$1.40B |
Loans | Q2 2022vs Q2 2021 | $850.3MM$769.7MM |
Deposits | Q2 2022vs Q2 2021 | $1.33B$1.23B |
Equity Capital | Q2 2022vs Q2 2021 | $68.9MM$114.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $11.8MM$11.3MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.2MM$2.8MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$702.00K |
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