American State Bank (TX)


Overview / Commentary
903-859-2211
102 W Front
Arp, TX 75750

American State Bank (TX) is headquartered in Arp and is the 144th largest bank in the state of Texas. It is also the 1,656th largest bank in the nation. It was established in 1911 and as of June of 2019, it had grown to 118 employees at 13 locations. American State Bank (TX)'s CD rates are 2X the national average, and it has a B health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #9967
Year Established1911
Employees118
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD6.83%
Annual Interest Income$10.7MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$429.7MM$283.7MM
LoansQ2 2019vs Q2 2018$334.4MM$219.1MM
DepositsQ2 2019vs Q2 2018$379.3MM$241.5MM
Equity CapitalQ2 2019vs Q2 2018$44.0MM$32.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$2.4MM$1.8MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$4.6MM$902.00K
Real Estate OwnedQ2 2019vs Q2 2018$2.8MM$855.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not American State Bank (TX); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

American State Bank (TX) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-Savings Account
0.10%$25-Young Savers Account

American State Bank (TX) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$350k*-American Advantage Money Market
OTHER TIERS: 0.25% $10k - $100k | 0.35% $100k - $200k | 0.60% $200k - $350k
0.80%*$350k*-Corporate American Advantage Money Market
OTHER TIERS: 0.25% $10k - $100k | 0.35% $100k - $200k | 0.60% $200k - $350k
0.10%$1k-Money Market
0.10%$1k-Corporate Money Market

American State Bank (TX) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%-$10kiChecking (20 or more transactions)
1.50%-$10kiChecking (7 to 19 transactions)
0.15%--Business NOW Checking
0.10%$1k-Platinum Checking
0.10%-$10kiChecking (less than 7 transactions)

American State Bank (TX) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.07%$1k-6 Month CD
2.02%$1k-12 Month CD
1.76%$1k-18 Month CD
1.66%$1k-24 Month CD
1.66%$1k-60 Month CD
1.51%$1k-36 Month CD
1.51%$1k-48 Month CD
0.35%$1k-3 Month CD
0.25%$1k-1 Month CD

American State Bank (TX) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.07%$1k-6 Month IRA
2.02%$1k-12 Month IRA
1.76%$1k-18 Month IRA
1.66%$1k-24 Month IRA
1.66%$1k-60 Month IRA
1.51%$1k-36 Month IRA
1.51%$1k-48 Month IRA
0.35%$1k-3 Month IRA
0.25%$1k-1 Month IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.