American Bank of Texas (merged into First United Bank and Trust Company)
American Bank of Texas reported total assets of $2.4 bn at Q3 2016, its last Call Report before it merged into First United Bank and Trust Company. The CET1 capital ratio at American Bank of Texas was 16.48%, and the uninsured share of American Bank of Texas was 9.95%. Source: FDIC Call Reports.
What sets American Bank of Texas apart
Nothing in the latest data sets American Bank of Texas apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is American Bank of Texas?
The balance sheet of American Bank of Texas at : assets $2.4 bn, deposits $2.0 bn, net loans $1.5 bn (loans equal to 76.40% of deposits). Securities make up 17.4% of total assets at American Bank of Texas. Since , when American Bank of Texas held $2.3 bn, its assets grew 3.5%. At , American Bank of Texas employed 447 full-time equivalent staff across 35 offices, about $5.3 mn of assets per employee and $57.7 mn of deposits per office.
How much funding at American Bank of Texas is uninsured?
At American Bank of Texas, uninsured deposits (above the FDIC limit) made up 9.95% of domestic deposits at . In dollars, American Bank of Texas estimated $201.0 mn of uninsured deposits.
Key facts, Q3 2016
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.0 bn | not available | |
| Net loans and leases | $1.5 bn | not available | |
| Loan-to-deposit ratio | 76.40% | not available | |
| Tier 1 leverage ratio | 13.84% | not available | |
| Total risk-based capital ratio | 17.57% | not available | |
| Net interest margin | 3.94% | not available | |
| Return on assets (ROA) | 1.52% | not available | |
| Efficiency ratio | 49.59% | not available | |
| Unrealized gain/loss on available-for-sale securities | Gain of $9.2 mn | not available | |
| Noncurrent loans to total loans | 0.70% | not available | |
| Net charge-offs to average loans | 0.00% | not available |
US rank of American Bank of Texas: 1 = highest unless marked 1 = lowest.
Balance sheet
American Bank of Texas: assets, deposits and loans
- Total assets $2.4bn
- Deposits $2.0bn
- Net loans $1.5bn
Capital and securities
The CET1 ratio of American Bank of Texas stood at 16.48% in . Low and high at American Bank of Texas since : 15.56% () to 16.48% (). Equity capital of American Bank of Texas at : $354.8 mn, or 14.9% of total assets. American Bank of Texas also reported a total capital ratio of 17.57% for , and a tier 1 leverage ratio of 13.84%.
The available-for-sale portfolio of American Bank of Texas showed an unrealized gain of $9.2 mn at .
American Bank of Texas: capital ratios
- Total capital 18%
- CET1 16%
- Tier 1 leverage 14%
American Bank of Texas: unrealized securities gains and losses
- Available for sale $9mn
- Held to maturity $0
Profitability and loan quality
For the year to , American Bank of Texas earned a return on equity of 10.38%; return on assets: 1.52%. Net interest margin at American Bank of Texas: 3.94%. American Bank of Texas net income: $26.7 mn. The efficiency ratio of American Bank of Texas was 49.59%: about 50 cents cost per revenue dollar, against 59 cents at the median peer.
At , noncurrent loans were 0.70% of total loans at American Bank of Texas; net charge-offs: 0.00% of average loans. Gross loans and leases at American Bank of Texas: $1.6 bn.
American Bank of Texas: profitability
- Return on equity 10%
- Net interest margin 3.9%
- Return on assets 1.5%
Peer group of American Bank of Texas
The peer group of American Bank of Texas is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of American Bank of Texas (state nonmember bank) and 1 has its head office in Texas. Against them, American Bank of Texas shows CET1 ratio 16.48% against a peer median of 12.20%, return on equity 10.38% against a peer median of 12.32% and uninsured deposit share 9.95% against a peer median of 32.49%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Standard Bank and Trust Company | State nonmember bank | IL | $2.4 bn | 12.07% | 7.98% | 30.54% | |
| The Canandaigua National Bank and Trust Company | National bank | NY | $2.4 bn | 10.50% | 11.55% | 42.82% | |
| The Brand Banking Company | State member bank | GA | $2.4 bn | 10.57% | 8.00% | 34.44% | |
| American Bank of Texas | State nonmember bank | TX | $2.4 bn | 16.48% | 10.38% | 9.95% | |
| Amboy Bank | State member bank | NJ | $2.4 bn | 12.44% | 13.08% | 18.08% | |
| Principal Bank | Federal savings bank | IA | $2.4 bn | 12.61% | 17.67% | 3.33% | |
| Inwood National Bank | National bank | TX | $2.4 bn | 12.33% | 18.67% | 44.87% | |
. FDIC Call Reports.
Last eight quarters
Two years at American Bank of Texas, to : assets $2.3 bn to $2.4 bn, deposits $2.0 bn to $2.0 bn, equity $335.7 mn to $354.8 mn. Staff 469 to 447.
| Metric | Q1 2016 | Q2 2016 | Q3 2016 |
|---|---|---|---|
| Total assets | $2.3 bn | $2.3 bn | $2.4 bn |
| Total deposits | $2.0 bn | $2.0 bn | $2.0 bn |
| Bank equity capital | $335.7 mn | $347.7 mn | $354.8 mn |
| CET1 ratio | 15.59% | 15.56% | 16.48% |
| Return on equity (ROE) | 9.88% | 10.21% | 10.38% |
| Uninsured share of domestic deposits | 11.40% | 9.44% | 9.95% |
| Full-time equivalent employees | 469 | 476 | 447 |
| Number of offices | 35 | 35 | 35 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of American Bank of Texas, oldest first; figures before and after each event are not like for like.
- . Merged into First United Bank and Trust Company (FDIC certificate 4239).
Questions and identifiers
What were the total assets of American Bank of Texas?
American Bank of Texas reported $2.4 bn at in its Call Report.
Is American Bank of Texas the same as its holding company?
No. This page covers American Bank of Texas, FDIC certificate 20473; NORTH AMERICAN BANCSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is American Bank of Texas profitable?
American Bank of Texas reported net income of $26.7 mn for the year to ; annualized return on equity: 10.38%. So yes: American Bank of Texas made a profit over these months.
When is data for American Bank of Texas next updated?
American Bank of Texas no longer files Call Reports; its data ends at .
Where can I check the figures for American Bank of Texas?
In the FDIC BankFind Suite record for certificate 20473, and in the Call Reports of American Bank of Texas (RSSD ID 627658) at the FFIEC Central Data Repository.