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 142nd largest bank in the state of Texas. It is also the 1,571st largest bank in the nation. It was established in 1911 and as of June of 2020, it had grown to 112 employees at 14 locations. American State Bank (TX) has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #9967
Year Established1911
Employees112
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD10.53%
Annual Interest Income$10.5MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$512.2MM$429.7MM
LoansQ2 2020vs Q2 2019$380.0MM$334.4MM
DepositsQ2 2020vs Q2 2019$408.8MM$379.3MM
Equity CapitalQ2 2020vs Q2 2019$45.7MM$44.0MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.1MM$2.4MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.2MM$4.6MM
Real Estate OwnedQ2 2020vs Q2 2019$6.8MM$2.8MM
Rates
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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
0.30%*$350k*-American Advantage Money Market
OTHER TIERS: 0.10% $10k - $100k | 0.20% $100k - $200k | 0.25% $200k - $350k
0.30%*$350k*-Corporate American Advantage Money Market
OTHER TIERS: 0.10% $10k - $100k | 0.20% $100k - $200k | 0.25% $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)
0.10%$1k-Platinum Checking
0.10%--Business NOW Checking
0.10%-$10kiChecking (less than 7 transactions)

American State Bank (TX) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$1k-60 Month CD
0.45%$1k-48 Month CD
0.40%$1k-36 Month CD
0.35%$1k-24 Month CD
0.30%$1k-18 Month CD
0.25%$1k-12 Month CD
0.20%$1k-6 Month CD
0.15%$1k-3 Month CD
0.10%$1k-1 Month CD

American State Bank (TX) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$1k-60 Month IRA
0.45%$1k-48 Month IRA
0.40%$1k-36 Month IRA
0.35%$1k-24 Month IRA
0.30%$1k-18 Month IRA
0.25%$1k-12 Month IRA
0.20%$1k-6 Month IRA
0.15%$1k-3 Month IRA
0.10%$1k-1 Month IRA
Locations

Availability



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