American State Bank
Major Rating Factors:
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). A current level of 5.1 percent of nonperforming loans to core capital combined with 14.8 percent from a year earlier contributes to the Good asset quality (5.6).
Other Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.0 and a capital leverage ratio of 10.8. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.5 has resulted in Good (5.9) profitability.
Asset Mix:
Comm re (17%), comm loans (17%), home mtgs (6%), home eq lns (4%), cash (3%), securities (2%), consumer loans (1%), other (51%)
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