American Bank in city_name, state_name - Detailed Financial Reports, Location

American Bank in Rockville, Maryland (MD), DC
Show street view No street view available for this location

American Bank - Overview

General
FDIC Certificate #: 32328
Status: Active
Federal Reserve ID: 415677
Date Established: June 06, 1983
WWW: http://www.americanfsb.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 6 (Domestic: 6, Interstate: Yes)
OTS Docket #: 8149
FDIC's unique #: 45162
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: May 31, 1985
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 1700 Rockville Pike, Rockville, MD 20852
County: Montgomery
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Baltimore
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $420.1 mil
Equity capital: $44.0 mil
Deposits held in domestic offices: $287.0 mil
Return on assets (ROA): -0.98% (-$4.1 mil)
Quarterly return on assets: -0.53% (-$2.2 mil)
Return on Equity (ROE): -10.68% (-$4.7 mil)
Quarterly return on equity: -5.28% (-$2.3 mil)
Net income: -$4.8 mil
Quarterly Net income: -$0.6 mil
Pretax return on assets: -1.59% (-$6,679.8 mil)
Quarterly Pretax return on assets: -0.83% (-$3,486.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
314Total employees (full-time equivalent)
$420,111Total assets
$98,807Cash and due from depository institutions
$98,006Interest-bearing balances
$14,348Securities
$0Federal funds sold & reverse repurchase agreements
$272,626Net loans & leases
$7,789Loan loss allowance
$0Trading account assets
$990Bank premises and fixed assets
$5,773Other real estate owned
$118Goodwill and other intangibles
$420,111Life insurance assets
$27,449All other assets
$376,148Total liabilities and capital
$287,025Total liabilities
$255,145Total deposits
$287,025Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$85,000Trading liabilities
$0Other borrowed funds
$4,123Subordinated debt
$43,963All other liabilities
$43,963Total equity capital
$43,963Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$23,968Surplus
$19,994Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$28,922Income earned, not collected on loans
$0Earning assets
$1,277Long-term assets (5+ years)
$384,980Average Assets, year-to-date
$0Average Assets, quarterly
$494,312Volatile liabilities
$444,655Insider loans
$239,018FHLB advances
$419,250Loans and leases held for sale
$6,784Unused loan commitments
$0Tier 1 (core) risk-based capital
$43,246Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$54,205Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$21,631Total interest income
$6,851Total interest expense
$14,780Net interest income
$12,555Provision for loan and lease losses
$15,690Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
-$947Trading account gains & fees
$16,456Additional noninterest income
$25,841Total noninterest expense
$9,685Salaries and employee benefits
$4,280Premises and equipment expense
$11,876Additional noninterest expense
-$7,926Pre-tax net operating income
$80Securities gains (losses)
-$3,009Applicable income taxes
-$4,837Income before extraordinary items
$0Extraordinary gains - net
-$4,837Net income attributable to bank
$0Net charge-offs
-$4,837Cash dividends
$10,838Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
1.50%Cost of funding earning assets
3.23%Net interest margin
3.43%Noninterest income to earning assets
5.65%Noninterest expense to earning assets
-0.99%Net operating income to assets
-0.98%Return on assets (ROA)
-1.59%Pretax return on assets
-10.68%Return on equity (ROE)
-10.68%Retained earnings to average equity (YTD only)
3.40%Net charge-offs to loans
115.84%Credit loss provision to net charge-offs
0.43%Efficiency ratio
84,716Assets per employee
1.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.78%Loss allowance to noncurrent loans
26.93%Noncurrent assets plus other real estate owned to assets
8.12%Noncurrent loans to loans
10.31%Net loans and leases to deposits
94.98%Net loans and leases to core deposits
101.62%Equity capital to assets
10.46%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
18.09%Total risk-based capital ratio
Memoranda
$19Average assets
$494,312Average earning assets
$45,273Average equity
$457,632Average loans

List of branches

2 District Of Columbia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
1	359147	Connecticut Branch	5600 Connecticut Avenue, N.W., Washington, DC 20015	April 01, 2000	Full Service Brick and Mortar
6	495971	K Street Branch	1301 K St Nw, Washington, DC 20005	May 01, 2007	Full Service Brick and Mortar

4 Maryland Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	45162	American Bank	1700 Rockville Pike, Rockville, MD 20852	June 06, 1983	Full Service Brick and Mortar
2	448881	Montgomery Lane Branch	4801-A Montgomery Lane, Bethesda, MD 20814	August 01, 2004	Full Service Brick and Mortar
4	448884	Georgia Ave Branch	8630 Georgia Ave, Silver Spring, MD 20910	June 30, 2005	Full Service Brick and Mortar
7	518313	Edmonston Lpo	9001 Edmonston Road #100, Greenbelt, MD 20770	July 16, 2007	Limited Service Loan Production

American Bank in Rockville, Maryland (MD), DC
Overview, Financial Summary, Detailed Financial Reports, Branches

American Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

American Bank in Rockville, Maryland (MD), DCOverview, Financial Summary, Detailed Financial Reports, Branches

American Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

American Bank in Rockville, Maryland (MD), DC
Overview, Financial Summary, Detailed Financial Reports, Branches