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.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9967 |
| Year Established | 1911 |
| Employees | 118 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 6.83% |
| Annual Interest Income | $10.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $429.7MM$283.7MM |
| Loans | Q2 2019vs Q2 2018 | $334.4MM$219.1MM |
| Deposits | Q2 2019vs Q2 2018 | $379.3MM$241.5MM |
| Equity Capital | Q2 2019vs Q2 2018 | $44.0MM$32.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $2.4MM$1.8MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $4.6MM$902.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $2.8MM$855.00K |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10%† | $100 | - | Savings Account | |
| 0.10%† | $25 | - | Young Savers Account |
