American Eagle Bank Reports – 3116519

American Eagle Bank Financial Reports

Quarter Ended: 2024-09-30

Data Updated on: 11/22/2024

American Eagle Bank is a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) located in South Elgin, IL. Established on 10/17/2002, the bank is regulated by the FDIC and has 2 domestic offices. It operates in the Chicago-Naperville-Elgin, IL-IN-WI.

The bank has 27 employees and holds $461,267k in total assets. With a focus on community banking, the bank has been serving its customers since 10/17/2002.

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American Eagle Bank Institution Profile

Established Date10/17/2002Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC)
Primary RegulatorFDICNumber of Domestic Offices2
Number of Foreign Offices0Number of US Offices0
Number of Employees27Directly owned by another bank (CERT)No
Community BankYesZIP60177
Ownership TypeNot MutualCitySouth Elgin
State Alpha codeILState and County Number17089
Subchapter S CorporationsNoTrust PowersTrust Powers Not Known
Federal Reserve ID Number7Federal Reserve ID Number DescriptionCHICAGO
Office of The Comptroller District:CENTRAL DISTRICTOffice of Thrift Supervision RegionCentral
Last Structure Change Effective Date08/31/2022Date of Deposit Insurance10/17/2002
Primary Insurance AgencyDIF

Institution Profile Overview

Delve into the foundational details of American Eagle Bank with our “Institution Profile” table. The 10/17/2002 marks the bank’s inception, providing historical context. Categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC), the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

2 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as South Elgin, IL, and 60177 provide geographic context. Explore these attributes to gain a holistic view of American Eagle Bank in the financial landscape.

American Eagle Bank Financials

(USD, in thousands)

Total Assets$461,267Total Liabilities$421,186
Total Equity Capital$40,081Total Deposits$350,356
Net Loans and Leases$386,396Total Interest Income$6,340
Total Noninterest Income$71Total Interest Expense$3,890
Total Noninterest Expense$1,775Tier 1 Risk-Based Capital Ratio10.35%
Net Loans and Leases to Core DepositsN/AReturn on Assets0.43%
Return on Equity4.82%Efficiency Ratio70.41%

Financial Performance Overview

Gain a comprehensive perspective on American Eagle Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $461,267k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $421,186k and total equity capital at $40,081k.

Delve into key operational metrics, including total deposits of $350,356k, net loans and leases at $386k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 10.3455, and Return on Assets at 0.43. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of American Eagle Bank’s performance and competitive positioning within the financial industry.

American Eagle Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x)N/ANet Loans and Leases to Core DepositsN/A
Tier 1 Risk-Based Capital Ratio10.35%Securities Gains (Losses)$0
Goodwill and Other IntangiblesN/ACost of Funding Earning Assets0.00%
Yield on Earning Assets5.77%Total Interest Income$6,340
Applicable Income Taxes$189Loss Allowance to Loans and Leases0.37%
Net Loans and Leases$386,396Loss Allowance to Noncurrent Loans and Leases801.69%
Noncurrent Loans to Loans0.05%Net Income Attributable to Bank and Noncontrolling Interests$482
Net Interest Income$2,450Net Interest Margin2.23%
Net Operating Income to Assets0.43%Noninterest Income to Average Assets0.06%
Total Noninterest Income$71Noninterest Expense to Average Assets1.57%
Total Noninterest Expense$1,775Net Charge-Offs to Loans and Leases0.08%
All Other AssetsN/AOther Real Estate Owned$0
Other borrowed funds$65,855Pre-tax Net Operating Income$671
Pretax Return on Assets0.59%Return on Assets0.43%
Retained Earnings to Average Equity (YTD only)N/A

Insights into Financial Metrics

Enhance your understanding of American Eagle Bank‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $386,396k and Net Interest Income $2,450k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 10.3455 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0.08 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $71k and evaluate operational efficiency using metrics like Efficiency Ratio: 70.41. This nuanced financial overview empowers a comprehensive analysis of American Eagle Bank‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of American Eagle Bank?

The asset size of American Eagle Bank is approximately $461,267k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of American Eagle Bank compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For American Eagle Bank, this ratio stands at
110.29%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for American Eagle Bank?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 10.3455.

What is the net interest margin of American Eagle Bank, and how has it trended over the past year?

The current net interest margin is 2.23. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on American Eagle Bank’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For American Eagle Bank, this stands at 0.0456.

Are there any recent regulatory changes that could impact American Eagle Bank’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting American Eagle Bank. For tailored insights, please consult our expert or access our detailed reports.

What is the history of American Eagle Bank?

American Eagle Bank was established on 10/17/2002. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is American Eagle Bank FDIC insured?

Yes, American Eagle Bank is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for American Eagle Bank in OK?

The routing number for American Eagle Bank in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is American Eagle Bank?

American Eagle Bank is a significant player in the financial sector with total assets valued at $461,267k and a network of 2 domestic offices.

Is American Eagle Bank a local bank?

American Eagle Bank is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about American Eagle Bank. Get more data about American Eagle Bank on Visbanking Report Portal.