American State Bank (TX) is headquartered in Arp and is the 112th largest bank in the state of Texas. It is also the 1,237th largest bank in the nation. It was established in 1911 and as of June of 2022, it had grown to 170 employees at 16 locations. American State Bank (TX) has a B+ health rating.
|FDIC Certificate #||9967|
|Return on Assets - YTD||0.67%|
|Return on Equity - YTD||7.51%|
|Annual Interest Income||$13.6MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$758.3MM$542.2MM|
|Loans||Q2 2022vs Q2 2021||$645.1MM$427.8MM|
|Deposits||Q2 2022vs Q2 2021||$645.6MM$440.1MM|
|Equity Capital||Q2 2022vs Q2 2021||$60.5MM$49.7MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$5.1MM$3.4MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$2.0MM$2.4MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$6.5MM$6.6MM|
Rates for American State Bank (TX) are currently being reviewed.