American State Bank is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Arp, Texas, established in 08/01/1911. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 16 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, American State Bank reported total assets of $953,312 and manages deposits totaling $830,121 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $79 thousands last year. For more details, visit their website at www.asb.com.
Bank Information:
- Bank Name: American State Bank
- Address: 102 W Front, Arp, Smith, TX, 75750
- Website: www.asb.com
Classification and Operations:
- State: Texas
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 16
- Number of Foreign Offices: 0
- Total Assets: $953,312
- Total Deposits: $830,121
- Domestic Office Deposits: $830,121
Financial Data:
- Net Income (Attributable to Bank): $79
Establishment and Record:
- Established Date: 08/01/1911
- Last Recorded Data on: 04/12/2024