$33.0M
total assets, March 31, 1984
American Bank was a state nonmember bank in St. Joseph, TN. It failed on Jun 27, 1984, and COMMERCIAL&INDUSTRIAL Ba took over its deposits. At its last report it held $33.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Jun 27, 1984
- Assets
- $33.0M
- Deposits
- $29.8M
- Estimated cost
- $13.3M
- Deposits went to
- COMMERCIAL&INDUSTRIAL Ba, Memphis, TN
Total assets
$33.0M
vs a year before: -
Deposits
$29.8M
vs a year before: -
Loans
$25.3M
vs a year before: -
Profit so far
$136K
Jan 1 to Mar 31, 1984
Capital ratio
6.59%
Return on assets
1.71%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, St. Joseph, TN, 38481
- County
- Lawrence
- Established
- Jul 1, 1910
- Failed
- Jun 28, 1984
- Employees
- 24
- Id
- b9175
Related pages
Questions and answers
How big is American Bank?
$33.0 million in total assets and $29.8 million in deposits as of March 31, 1984. Its loans were $25.3 million.
Is American Bank profitable?
Yes: it earned $136,000 from January 1 to March 31, 1984. Its return on assets was 1.71% a year; about 1% is typical.
When did American Bank fail?
Jun 27, 1984. COMMERCIAL&INDUSTRIAL Ba of Memphis, TN took over its deposits. The estimated cost of the failure was $13.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.