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


  • American Bank in Rockville, Maryland (MD), DC
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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
  • NoIDNameAddressEstablishedService TypeMap
    1359147Connecticut Branch5600 Connecticut Avenue, N.W., Washington, DC 20015April 01, 2000Full Service Brick and Mortar
    6495971K Street Branch1301 K St Nw, Washington, DC 20005May 01, 2007Full Service Brick and Mortar
  • 4 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045162American Bank1700 Rockville Pike, Rockville, MD 20852June 06, 1983Full Service Brick and Mortar
    2448881Montgomery Lane Branch4801-A Montgomery Lane, Bethesda, MD 20814August 01, 2004Full Service Brick and Mortar
    4448884Georgia Ave Branch8630 Georgia Ave, Silver Spring, MD 20910June 30, 2005Full Service Brick and Mortar
    7518313Edmonston Lpo9001 Edmonston Road #100, Greenbelt, MD 20770July 16, 2007Limited Service Loan Production

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