American Bank & Trust Company in Covington, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • American Bank & Trust Company in Covington, Louisiana (LA)
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American Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 19234
    Status: Active
    Federal Reserve ID: 597452
    Bank Holding Company (Regulatory Top Holder): American Bancshares, Inc. (RSSDID: 1104615, Location: Covington, LA)
    Date Established: September 14, 1964
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 13050
    Numeric code: 21
    Regulator: FDIC
    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: September 14, 1964
    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: 1819 N. Columbia Street, Covington, LA 70433
    County: St. Tammany
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $110.7 mil
    Equity capital: $9.6 mil
    Deposits held in domestic offices: $100.7 mil
    Return on assets (ROA): 0.14% ($0.2 mil)
    Quarterly return on assets: 0.40% ($0.4 mil)
    Return on Equity (ROE): 1.68% ($0.2 mil)
    Quarterly return on equity: 4.59% ($0.5 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.17% ($188.3 mil)
    Quarterly Pretax return on assets: 0.57% ($631.2 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
  • 46Total employees (full-time equivalent)
  • $110,741Total assets
  • $29,417Cash and due from depository institutions
  • $23,261Interest-bearing balances
  • $6,865Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,308Net loans & leases
  • $1,300Loan loss allowance
  • $0Trading account assets
  • $3,820Bank premises and fixed assets
  • $749Other real estate owned
  • $493Goodwill and other intangibles
  • $110,741Life insurance assets
  • $1,089All other assets
  • $101,099Total liabilities and capital
  • $100,733Total liabilities
  • $66,000Total deposits
  • $100,733Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 45.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $321Subordinated debt
  • $9,642All other liabilities
  • $9,642Total equity capital
  • $9,642Total bank equity capital
  • $0Perpetual preferred stock
  • $1,087Common stock
  • $4,552Surplus
  • $4,003Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,017Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,033Income earned, not collected on loans
  • $0Earning assets
  • $363Long-term assets (5+ years)
  • $98,434Average Assets, year-to-date
  • $8,223Average Assets, quarterly
  • $111,305Volatile liabilities
  • $111,336Insider loans
  • $68,126FHLB advances
  • $113,110Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,556Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,452Restructured Loans and leases
  • $1,346Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,464Total interest income
  • $701Total interest expense
  • $4,763Net interest income
  • $673Provision for loan and lease losses
  • $1,254Total noninterest income
  • $0Fiduciary activities
  • $697Service charges on deposit accounts
  • $0Trading account gains & fees
  • $557Additional noninterest income
  • $5,150Total noninterest expense
  • $2,769Salaries and employee benefits
  • $616Premises and equipment expense
  • $1,765Additional noninterest expense
  • $194Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $161Income before extraordinary items
  • $0Extraordinary gains - net
  • $161Net income attributable to bank
  • $0Net charge-offs
  • $161Cash dividends
  • $885Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.77%Net interest margin
  • 1.26%Noninterest income to earning assets
  • 5.16%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 1.68%Return on equity (ROE)
  • 1.68%Retained earnings to average equity (YTD only)
  • 1.18%Net charge-offs to loans
  • 76.05%Credit loss provision to net charge-offs
  • 0.98%Efficiency ratio
  • 85,591Assets per employee
  • 2.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.87%Loss allowance to noncurrent loans
  • 25.83%Noncurrent assets plus other real estate owned to assets
  • 5.22%Noncurrent loans to loans
  • 7.23%Net loans and leases to deposits
  • 67.81%Net loans and leases to core deposits
  • 69.65%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.45%Tier 1 risk-based capital ratio
  • 14.03%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $111,305Average earning assets
  • $9,592Average equity
  • $99,853Average loans

List of branches

  • 4 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013050American Bank & Trust Company1819 N. Columbia Street, Covington, LA 70433September 14, 1964Full Service Brick and Mortar
    1247702Mandeville Branch406 North Causeway Boulevard, Mandeville, LA 70448April 15, 1996Full Service Brick and Mortar
    2247703Coushatta Branch1625 Ringgold Avenue, Coushatta, LA 71019November 30, 1999Full Service Brick and Mortar
    4470772Hammond Branch506 S. W. Railroad Avenue, Hammond, LA 70403Febuary 01, 2008Full Service Brick and Mortar

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