American State Bank

American State Bank
102 W Front
Arp, TX 75750

Status: Active
Concentration:Commercial Lending Specialization
Established:1911-08-01
FDIC Insurance:1934-01-01
FDIC Cert:#9967
Holden By:Steele Bancshares Inc
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:14, ranked #659
Website:www.asbtx.com
Total Assets:$598,770,000, ranked #1516
Total Deposits:$512,958,000, ranked #1532
Total Equity Capital:$58,445,000, ranked #1591
Total Domestic Deposits:$512,958,000, ranked #1532
Net Income:$8,229,000, ranked #1304
Quarterly Net Income:$2,199,000, ranked #1197
Return on Assets:2%, ranked #162
Quarterly Return on Assets:2%, ranked #165
Return on Equity:16%, ranked #676
Quarterly Return on Equity:16%, ranked #501

Financial Information (2021-12-31 and Older)