Overview / Commentary
American State Bank is headquartered in SIOUX CENTER and is the 21st largest bank in the state of Iowa. It is also the 765th largest bank in the nation. It was established in 1913 and as of September of 2024, it had grown to 129 employees at 11 locations. American State Bank has a B+ health rating.
Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 228 |
| Year Established | 1913 |
| Employees | 129 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 11.48% |
| Annual Interest Income | $57.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $1.45B$1.31B |
| Loans | Q3 2024vs Q3 2023 | $1.29B$1.13B |
| Deposits | Q3 2024vs Q3 2023 | $1.19B$1.11B |
| Equity Capital | Q3 2024vs Q3 2023 | $146.2MM$133.4MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $13.8MM$12.8MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $20MM$15.9MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $987K$0 |