American Bank in Allentown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


American Bank - Overview

  • General
  • FDIC Certificate #: 34422
    Status: Active
    Federal Reserve ID: 2580243
    Bank Holding Company (Regulatory Top Holder): American Bank Incorporated (RSSDID: 3008753, Location: Allentown, PA)
    Date Established: June 02, 1997
    WWW: http://www.ambk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 15591
    FDIC's unique #: 57185
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 02, 1997
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 4029 West Tilghman Street, Allentown, PA 18104
    County: Lehigh
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Allentown-Bethlehem-Easton, PA (#240)
    Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900)
    CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $498.8 mil
    Equity capital: $48.4 mil
    Deposits held in domestic offices: $372.5 mil
    Return on assets (ROA): 1.10% ($5.5 mil)
    Quarterly return on assets: 1.13% ($5.6 mil)
    Return on Equity (ROE): 11.11% ($5.3 mil)
    Quarterly return on equity: 11.71% ($5.6 mil)
    Net income: $5.4 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 1.60% ($7,980.5 mil)
    Quarterly Pretax return on assets: 1.62% ($8,080.3 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
  • 47Total employees (full-time equivalent)
  • $498,784Total assets
  • $75,499Cash and due from depository institutions
  • $72,727Interest-bearing balances
  • $97,532Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $300,213Net loans & leases
  • $4,379Loan loss allowance
  • $0Trading account assets
  • $1,408Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $498,784Life insurance assets
  • $24,132All other assets
  • $450,339Total liabilities and capital
  • $372,481Total liabilities
  • $365,213Total deposits
  • $372,481Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 11586.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $65,079Trading liabilities
  • $0Other borrowed funds
  • $1,193Subordinated debt
  • $48,445All other liabilities
  • $48,445Total equity capital
  • $48,445Total bank equity capital
  • $2,500Perpetual preferred stock
  • $10,021Common stock
  • $25,830Surplus
  • $10,094Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,387Long-term assets (5+ years)
  • $470,472Average Assets, year-to-date
  • $72,972Average Assets, quarterly
  • $493,939Volatile liabilities
  • $491,095Insider loans
  • $372,194FHLB advances
  • $491,470Loans and leases held for sale
  • $11,604Unused loan commitments
  • $7,687Tier 1 (core) risk-based capital
  • $49,317Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,917Total unused commitments
  • $53,132Restructured Loans and leases
  • $3,187Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,954Total interest income
  • $6,321Total interest expense
  • $13,633Net interest income
  • $373Provision for loan and lease losses
  • $913Total noninterest income
  • $0Fiduciary activities
  • $129Service charges on deposit accounts
  • $0Trading account gains & fees
  • $784Additional noninterest income
  • $6,486Total noninterest expense
  • $3,116Salaries and employee benefits
  • $976Premises and equipment expense
  • $2,394Additional noninterest expense
  • $7,687Pre-tax net operating income
  • $222Securities gains (losses)
  • $2,475Applicable income taxes
  • $5,434Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,434Net income attributable to bank
  • $0Net charge-offs
  • $5,434Cash dividends
  • $246Sale, conversion, retirement of capital stock, net
  • $2,925Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.29%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 2.93%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 1.39%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 11.11%Return on equity (ROE)
  • 5.13%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 151.63%Credit loss provision to net charge-offs
  • 32.76%Efficiency ratio
  • 44,590Assets per employee
  • 10.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.83%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 80.60%Net loans and leases to core deposits
  • 82.06%Equity capital to assets
  • 9.71%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 13.25%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $493,939Average earning assets
  • $48,889Average equity
  • $465,542Average loans

List of branches

  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057185American Bank4029 West Tilghman Street, Allentown, PA 18104June 02, 1997Full Service Brick and Mortar

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