American Bank is headquartered in ALLENTOWN and is the 46th largest bank in the state of Pennsylvania. It is also the 1,088th largest bank in the nation. It was established in 1997 and as of June of 2024, it had grown to 68 employees at 1 location. American Bank's money market rates are 6X the national average, and it boasts an A+ health rating.
Overall | |
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FDIC Certificate # | 34422 |
Year Established | 1997 |
Employees | 68 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1% |
Return on Equity - YTD | 8.78% |
Annual Interest Income | $22.1MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $920.5MM$924MM |
Loans | Q2 2024vs Q2 2023 | $756.7MM$702.6MM |
Deposits | Q2 2024vs Q2 2023 | $736.4MM$682.1MM |
Equity Capital | Q2 2024vs Q2 2023 | $105.4MM$87.3MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $7.3MM$7.3MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $3.2MM$358K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.50% | $0 | - | Statement Savings | |
0.10% | $0 | - | IRA Statement Savings | |
0.10% | $0 | - | Health Savings Account | |
0.10% | $0 | - | Business Statement Savings | |
0.03% | $0 | - | Escrow Banker Savings Account |
American Bank Locations | ||
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American Bank | 4029 W Tilghman St | Allentown, PA 18104 |