American Bank

Covington, LA
IDRSSD: 597452
Total Assets
$335.23M
Latest filing
Total Deposits
$295.12M
Latest filing
Net Interest Margin
6.00%
Profitability

Locations

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Main Office
American Bank
1819 N Columbia St
Covington, LA 70433
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/14/1964FDIC Certificate 13050

Branches (4)

Page 1 of 1
NameAddressCity / State
American Bank (Main)1819 N Columbia StCovington, LA
MANDEVILLE BRANCH406 N Causeway BlvdMandeville, LA
COUSHATTA BRANCH1625 Ringgold AveCoushatta, LA
HAMMOND BRANCH506 Sw Railroad AveHammond, LA
AMERICAN BANK AND TRUST COMPANY, INC., TERRYTOWN BRANCH2021 Carol Sue AveTerrytown, LA
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/14/1964
Community BankYes
Ownership TypeNot Mutual
ZIP70433
State and County Number22103
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameNew Orleans-Metairie, LA

Operational Info

Number of Employees72
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance09/14/1964
Primary Insurance AgencyDIF
Websitewww.americanbankusa.com
Data Updated11/14/2025
CERT19234
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$335.23M
Total Deposits$295.12M
Total Liabilities$297.88M
Total Equity Capital$37.35M
Net Income$510.00k
Net Loans and Leases$220.92M
Assets Per Employee ($Millions)$4.59M
Bank Premises and Fixed Assets$6.84M
Cash and Balances due from Depository Institutions$82.32M
Deposits Held in Domestic Offices$295.12M

Key Performance Ratios

Return on Assets (ROA)0.61%
Return on Equity (ROE)5.5%
Net Interest Margin6%
Efficiency Ratio80.3%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.43%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.142%
Earning Assets to total Assets92.12%

Income and Expense

Total Interest Income$6.44M
Total Noninterest Income$600.00k
Total Interest Expense$1.85M
Total Noninterest Expense$4.16M
Net Interest Income$4.58M
Pre-tax Net Operating Income$666.00k
Provision for Credit Losses$355.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$3.06M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.76M
Total Liabilities and Capital$335.23M

Securities

Securities$9.67M
Available-for-sale debt securities$9.67M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of American Bank?
$335.23M as of the latest filing.
How much are American Bank's total deposits?
$295.12M in total deposits.
Where is American Bank located?
Covington, LA.
What is the Net Interest Margin?
6.00%.
How many domestic offices does it operate?
5.
When was it established?
09/14/1964.
What is the Return on Assets (ROA)?
0.61%.
How much are total loans and leases?
$220.92M (latest filing).
What is the total interest income (latest filing)?
$6.44M.