Bank · FDIC insured
American Bank
A $533.1M bank headquartered in Le Mars, IA, with 2 branches in Iowa.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: carrot has not captured enough rates to score this yet. Savings: no rate at the amounts we compare. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings—1.85%Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About American Bank
American Bank is an affiliate of Ambank Company, which purchased First Trust & Savings Bank in 1994 before changing its name to American Bank in 1995.
Through Ambank Company, it offers financial services across 12 communities and the surrounding area in Iowa and South Dakota.
- Headquarters
- 234 5th Ave Sw, Le Mars, IA 51031
- FDIC certificate
- 5800 ↗
Branches
2 branches in Iowa
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Iowa
2 branches
Le Mars area · 1
- American Bank, National AssociationMain office234 5th Ave Sw, Le Mars, IA 51031Directions
Remsen area · 1
- Remsen Branch400 W Hwy 3, Remsen, IA 51050Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.68% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.85% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $109 | $81 | — |
- CapitalLeverage ratio10.68%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.85%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$109Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of American Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.