American State Bank (TX)


Overview / Commentary
903-859-1100
102 W Front
Arp, TX 75750

American State Bank (TX) is headquartered in ARP and is the 99th largest bank in the state of Texas. It is also the 1,080th largest bank in the nation. It was established in 1911 and as of March of 2024, it had grown to 131 employees at 16 locations. American State Bank (TX)'s CD rates are 6X the national average, and it has a C+ health rating.

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Health
C+

Health Grade Components

Overall
FDIC Certificate #9967
Year Established1911
Employees131
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.71%
Return on Equity - YTD-8.43%
Annual Interest Income$12.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$939.4MM$1.16B
LoansQ1 2024vs Q1 2023$715.7MM$954.4MM
DepositsQ1 2024vs Q1 2023$834MM$945.6MM
Equity CapitalQ1 2024vs Q1 2023$78.7MM$77.1MM
Loan Loss AllowanceQ1 2024vs Q1 2023$9.3MM$13.2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$5.2MM$11.1MM
Real Estate OwnedQ1 2024vs Q1 2023$8.3MM$4.8MM
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.

American State Bank (TX) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$100-American Select Savings
0.05%$100-Savings Account
0.05%$25-Young Savers Account

American State Bank (TX) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.76%*$350k*-American Advantage Money Market
OTHER TIERS: 0.36% $10k - $100k | 0.46% $100k - $200k | 0.56% $200k - $350k
0.76%*$350k*-Corporate American Advantage Money Market
OTHER TIERS: 0.36% $10k - $100k | 0.46% $100k - $200k | 0.56% $200k - $350k
0.36%*$10k*-Money Market
OTHER TIERS: 0.10% $1k - $10k
0.36%*$10k*-Corporate Money Market
OTHER TIERS: 0.10% $1k - $10k

American State Bank (TX) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$0$10kiChecking (20 or more transactions)
1.50%$0$10kiChecking (7 to 19 transactions)
0.05%$1k-Platinum Checking
0.05%$0-Business NOW Checking
0.05%$0$10kiChecking (less than 7 transactions)

American State Bank (TX) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.31%$1k-6 Month CD
5.28%$50k-9 Month Add Up CD Special
5.13%$500-12 Month CD
4.31%$1k-3 Month CD
4.15%$1k-15 Month Flex CD
2.01%$1k-24 Month CD
1.51%$1k-18 Month CD
1.51%$1k-36 Month CD
1.51%$1k-48 Month CD
1.51%$1k-60 Month CD
0.05%$1k-1 Month CD

American State Bank (TX) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.31%$1k-6 Month IRA
5.13%$1k-12 Month IRA
4.31%$1k-3 Month IRA
2.01%$1k-24 Month IRA
1.51%$1k-18 Month IRA
1.51%$1k-36 Month IRA
1.51%$1k-48 Month IRA
1.51%$1k-60 Month IRA
0.05%$1k-1 Month IRA
Locations

Availability



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