Banks | American Momentum Bank

American Momentum Bank


American Momentum Bank is an FDIC insured institution headquartered at 1 Momentum Blvd, College Station, TX 77845.
It was founded in 2006 and has approximately $3 billion in assets. Customers can open an account at one of its 14 branches.

Deposit Rates - April 18, 2024

SAVINGS RATES APY MIN
Savings
0.05% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.20% $10,000 Compare
12 Mo CD
0.20% $100,000 Compare
24 Mo CD
0.38% $10,000 Compare
24 Mo CD
0.38% $100,000 Compare
36 Mo CD
0.38% $10,000 Compare
36 Mo CD
0.38% $100,000 Compare
48 Mo CD
0.50% $10,000 Compare
48 Mo CD
0.50% $100,000 Compare
60 Mo CD
0.50% $10,000 Compare
60 Mo CD
0.50% $100,000 Compare
MM RATES APY MIN
Money Market
0.05% $2,500 Compare
Money Market
0.05% $10,000 Compare
Money Market
0.05% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $1
Int Ckg
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58309
Date Established 2006
Assets $ 2.58 billion
Loans $ 1,843.98 million
Deposits $ 2.05 billion
Capital $ 496.14 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 94.86 million
Interest-bearing balances $ 72.42 million
Total securities $ 398.95 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,843.98 million
Loan loss allowance $ 21.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 7.77 million
Goodwill and other intangibles $ 122.41 million
All other assets $ 75.87 million
     Total Assets $ 2.09 billion

LIABILITIES
Total deposits $ 2.05 billion
      Interest-bearing deposits $ 1,077.83 million
      Deposits held in domestic offices $ 2.05 billion
      % insured (estimated) 55.48%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 48.31 millionn
      Total Liabilities $ 2.09 billion
      Shareholders’ Equity $ 496.14 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 147.92 million
Total Interest Expense $ 18.25 million
Net interest income $ 129.67 million
Provision for loan and lease losses $ 1.15 million
Total non interest income $ 13.94 million
Total non interest expense $ 67.62 million
Pre-tax Net Operating Income $ 21.12 million


*Should any logos, images or public notes appear on this page,they do so courtesy of American Momentum Bank and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.

Customer Reviews for American Momentum Bank

There are currently no comments for American Momentum Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review


Rate it here →


Branches

Click on location and enter new zip number to change.
Your current location is: Columbus, OH
View Branches Statewide →
View Branches Nationwide →

American Momentum Bank Locations

Other Banks to Consider