American Continental Bank

Established in 2003

About American Continental Bank

American Continental Bank was established on 2003. The bank's headquarters are located at 17700 Castleton Street, Suite 100 in City Of Industry, California.

American Continental Bank is an FDIC insured bank with FDIC number 57444 managing assets to the value of $306,107 as of 12/31/2020.

American Continental Bank has a Texas ratio of 0.00%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

0.00%
Texas Ratio
FDIC Certificate #

57444

Active Insured Since #

6/10/2003

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $306,107
Equity Capital $36,948
Total Deposits $252,784
Total Liabilities $269,159
Total Securities $3,807
Net Loans And Leases $220,195
Loan Loss Allowance $3,655
Total Loans And Leases $225,046
YTD (as of 12/31/2020)
Return On Assets 0.73%
Return On Equity 5.80%
Total Interest Income $11,320
Total Interest Expense $3,309
Total Non Interest Income $1,230
Total Non Interest Expense $5,825

Headquarters

17700 Castleton Street, Suite 100 91748, City Of Industry

American Continental Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $225,046 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

American Continental Bank Mortgage Loans Profile

Classic Bank

81.97%

Application Approval Rate

Classic Bank

$660,600

Average Mortgage Loan Amount

Classic Bank

61

Number of Loan Applications

Classic Bank

$169,000

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Los Angeles

Number of Loan Applications
27
Average Loan Amount
$805,000
Approval Rate
77.78%
Average Income of Approved Loans’ Applicants
$139,600

2 King

Number of Loan Applications
11
Average Loan Amount
$685,000
Approval Rate
81.82%
Average Income of Approved Loans’ Applicants
$191,000

3 Orange

Number of Loan Applications
10
Average Loan Amount
$696,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$196,000

4 San Bernardino

Number of Loan Applications
5
Average Loan Amount
$352,500
Approval Rate
80.00%
Average Income of Approved Loans’ Applicants
$150,000

5 Snohomish

Number of Loan Applications
5
Average Loan Amount
$287,500
Approval Rate
80.00%
Average Income of Approved Loans’ Applicants
$124,000

6 Pierce

Number of Loan Applications
3
Average Loan Amount
$220,000
Approval Rate
66.67%
Average Income of Approved Loans’ Applicants
$238,000

Top States by Number of Mortgage Loan Applications

1 California

Number of Loan Applications
42
Average Loan Amount
$722,143
Approval Rate
83.33%
Average Income of Approved Loans’ Applicants
$167,231

2 Washington

Number of Loan Applications
19
Average Loan Amount
$517,000
Approval Rate
78.95%
Average Income of Approved Loans’ Applicants
$173,600