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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