American Bank of Commerce is headquartered in Wolfforth and is the 68th largest bank in the state of Texas. It is also the 772nd largest bank in the nation. It was established in 1962 and as of March of 2021, it had grown to 196 employees at 16 locations. American Bank of Commerce has an A health rating.
|FDIC Certificate #||18609|
|Return on Assets - YTD||1.05%|
|Return on Equity - YTD||11.84%|
|Annual Interest Income||$10.6MM|
|Assets and Liabilities|
|Assets||Q1 2021vs Q1 2020||$1.31B$1.07B|
|Loans||Q1 2021vs Q1 2020||$732.6MM$625.1MM|
|Deposits||Q1 2021vs Q1 2020||$1.15B$916.4MM|
|Equity Capital||Q1 2021vs Q1 2020||$110.0MM$103.7MM|
|Loan Loss Allowance||Q1 2021vs Q1 2020||$11.5MM$8.5MM|
|Unbacked Noncurrent Loans||Q1 2021vs Q1 2020||$3.6MM$1.3MM|
|Real Estate Owned||Q1 2021vs Q1 2020||$200.00K$0|
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