American Bank Statement of Condition as of December 31, 2022:
| Title |
Balance |
|
Cash and Due
|
$34,853,418
|
|
U.S. Government Securities
|
148,966,854
|
|
Municipals and Other Securities
|
42,149,754
|
|
Federal Funds Sold
|
0
|
|
Loans and Discounts
|
364,411,540
|
|
Less: Reserve for Loan Loss
|
(5,699,752)
|
|
Fixed Assets
|
16,907,205
|
|
Other Assets
|
16,088,545
|
|
TOTAL ASSETS
|
$617,677,564
|
|
Demand Deposit
|
$327,812,359
|
|
Time and Savings Deposits
|
246,951,447
|
|
TOTAL DEPOSITS
|
574,763,806
|
|
Other Liabilities
|
7,637,584
|
|
TOTAL LIABILITIES
|
582,401,390
|
|
TOTAL CAPITAL
|
35,276,174
|
|
TOTAL LIABILITIES & CAPITAL
|
$617,677,564
|
|