American State Bank
Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (4.9) profitability. A current level of 14.4 percent of nonperforming loans to core capital combined with 11.5 percent from a year earlier contributes to the Fair asset quality (4.1).
Other Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 12.2 and a capital leverage ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Asset Mix:
Comm loans (18%), comm re (17%), cash (6%), home mtgs (5%), home eq lns (3%), securities (3%), consumer loans (1%), other (47%)
States with Branches:
IA, SD
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Ambank Company, Inc.
Investment Rating
--
Address
525 North Main Avenue
Sioux Center, IA 51250
Sioux Center, IA 51250
Phone Number
(712) 722-4846
Year Founded
1913
FDIC Number
Website
Largest Affiliates
Le Mars, IA
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Bank