American State Bank
Arp, TX · Owner: Steele Bancshares Inc
$638M
total assets, June 30, 2026
$638M
total assets, June 30, 2026
American State Bank is a state member bank based in Arp, TX, owned by Steele Bancshares Inc. As of June 30, 2026 it held $637.8 million in assets and $535.5 million in deposits; assets were down 3.6% from a year before. It has 5 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$638M
-3.6% in a year · -2.3% in a quarter
Deposits
$536M
-1.8% in a year · -2.9% in a quarter
Loans
$458M
-7.6% in a year · +1.0% in a quarter
Profit so far
$263K
Jan 1 to Jun 30, 2026
Capital ratio
10.91%
+0.37 pts in a year
Return on assets
0.08%
+0.10 pts in a year
Facts
- Type
- State member bank
- Head office
- 102 W Front, Arp, TX, 75750
- County
- Smith
- Holding company
- Steele Bancshares Inc
- Established
- Aug 1, 1911
- Employees
- 67
- Branches
- 5
- Website
- www.asb.com
- Id
- b9967
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
5 offices as of June 30, 2026, holding $535.5 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Texas | 5 | $536M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| American State Bank (main office) | Arp, TX | $389M |
| South Tyler Branch | Tyler, TX | $74.3M |
| Chapel Hill Branch | Tyler, TX | $42.2M |
| Troup Hwy Branch | Tyler, TX | $21.7M |
| Lindale Branch | Lindale, TX | $8.0M |
Related pages
Questions and answers
How big is American State Bank?
$637.8 million in total assets and $535.5 million in deposits as of June 30, 2026, with assets down 3.6% from a year before. Its loans were $457.5 million.
How many branches does American State Bank have?
5 branches in Texas as of June 30, 2026.
Is American State Bank profitable?
Yes: it earned $263,000 from January 1 to June 30, 2026. Its return on assets was 0.08% a year; about 1% is typical.
Who owns American State Bank?
American State Bank is owned by Steele Bancshares Inc, its holding company.
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.