American Savings, FSB in Munster, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • American Savings, FSB in Munster, Indiana (IN)
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American Savings, FSB - Overview

  • General
  • FDIC Certificate #: 29878
    Status: Active
    Federal Reserve ID: 1010574
    Date Established: January 01, 1910
    WWW: http://www.ambfinancial.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 4247
    FDIC's unique #: 42712
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: July 27, 1937
    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: 8230 Hohman Avenue, Munster, IN 46321
    County: Lake
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Gary, IN (#2960)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Gary, IN (#23844)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $179.1 mil
    Equity capital: $18.1 mil
    Deposits held in domestic offices: $155.9 mil
    Return on assets (ROA): 0.47% ($0.8 mil)
    Quarterly return on assets: 0.52% ($0.9 mil)
    Return on Equity (ROE): 4.77% ($0.9 mil)
    Quarterly return on equity: 5.21% ($0.9 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.74% ($1,325.1 mil)
    Quarterly Pretax return on assets: 0.82% ($1,468.3 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
  • 34Total employees (full-time equivalent)
  • $179,061Total assets
  • $23,295Cash and due from depository institutions
  • $21,894Interest-bearing balances
  • $6,866Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $129,654Net loans & leases
  • $1,337Loan loss allowance
  • $0Trading account assets
  • $8,899Bank premises and fixed assets
  • $1,205Other real estate owned
  • $96Goodwill and other intangibles
  • $179,061Life insurance assets
  • $9,046All other assets
  • $160,935Total liabilities and capital
  • $155,915Total liabilities
  • $147,083Total deposits
  • $155,915Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,018Trading liabilities
  • $0Other borrowed funds
  • $2,002Subordinated debt
  • $18,126All other liabilities
  • $18,126Total equity capital
  • $18,126Total bank equity capital
  • $0Perpetual preferred stock
  • $11Common stock
  • $8,725Surplus
  • $9,390Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,695Income earned, not collected on loans
  • $0Earning assets
  • $574Long-term assets (5+ years)
  • $158,414Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $179,138Volatile liabilities
  • $180,922Insider loans
  • $114,603FHLB advances
  • $178,272Loans and leases held for sale
  • $4,248Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,337Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,427Restructured Loans and leases
  • $2,188Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,136Total interest income
  • $1,995Total interest expense
  • $6,141Net interest income
  • $941Provision for loan and lease losses
  • $1,294Total noninterest income
  • $0Fiduciary activities
  • $402Service charges on deposit accounts
  • $0Trading account gains & fees
  • $892Additional noninterest income
  • $5,173Total noninterest expense
  • $2,620Salaries and employee benefits
  • $1,318Premises and equipment expense
  • $1,235Additional noninterest expense
  • $1,321Pre-tax net operating income
  • $0Securities gains (losses)
  • $477Applicable income taxes
  • $844Income before extraordinary items
  • $0Extraordinary gains - net
  • $844Net income attributable to bank
  • $0Net charge-offs
  • $844Cash dividends
  • $1,488Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.16%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 3.89%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 4.77%Return on equity (ROE)
  • 4.77%Retained earnings to average equity (YTD only)
  • 1.09%Net charge-offs to loans
  • 63.24%Credit loss provision to net charge-offs
  • 1.52%Efficiency ratio
  • 69,576Assets per employee
  • 5.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 36.18%Noncurrent assets plus other real estate owned to assets
  • 2.74%Noncurrent loans to loans
  • 2.82%Net loans and leases to deposits
  • 83.16%Net loans and leases to core deposits
  • 85.33%Equity capital to assets
  • 10.12%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 15.13%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $179,138Average earning assets
  • $17,695Average equity
  • $157,805Average loans

List of branches

  • 4 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042712American Savings, Fsb8230 Hohman Avenue, Munster, IN 46321January 01, 1910Full Service Brick and Mortar
    1277556Hammond Branch4521 Hohman Avenue, Hammond, IN 46327January 01, 1910Full Service Brick and Mortar
    3277558Dyer Branch1001 Main Street, Dyer, IN 46311March 01, 1991Full Service Brick and Mortar
    4518130Schererville Branch7880 Wicker Ave, Saint John, IN 46373June 30, 2009Full Service Brick and Mortar

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