# AMERICAN EXPRESS BANK FSB
SALT LAKE CITY, UT · FDIC certificate 35328 · asset band $10-100B · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $55.00B | |
| Deposits | $45.80B | |
| Loans and leases | $42.88B | |
| Total equity | $6.07B | |
| Loans / deposits | 91.94% (p52 of band) | 91.87% |
| Liquid assets / assets | 20.81% (p46 of band) | |
| Uninsured deposits / deposits | 23.11% (p23 of band) | 36.07% |
| Brokered deposits | 15.27% | |
| Wholesale funding | 15.33% (p63 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.81% (p79 of band) | 9.81% |
| Unrealized securities loss / equity | -0.39% (p89 of band) | -2.76% |
| AOCI / equity | -0.05% (p87 of band) | |
| ROA (annualized) | 4.17% (p99 of band) | 1.27% |
| Net interest margin | 5.87% (p93 of band) | 3.48% |
| Efficiency ratio | 65.46% (p80 of band) | |
| Noncurrent loans | 0.61% (p47 of band) | 0.64% |
| Net charge-offs (annualized) | 1.43% (p94 of band) | |
| Reserve coverage of noncurrent | 291.18% | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p6 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p15 of band) | |
| Deposits YoY | 18.4% | |
| Employees | 141 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, charge-offs p90 |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 5 | assets shrinking |  |
| 2012-06 | 5 |  |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 5 | capital falling | assets shrinking |
| 2013-03 | 5 |  |  |
| 2013-06 | 2 |  | brokered >10%, wholesale funding >15%, capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 3 | liquid assets <10% |  |
| 2014-03 | 2 |  | liquid assets <10% |
| 2014-06 | 3 | liquid assets <10% |  |
| 2014-09 | 3 | wholesale funding >15% | liquid assets <10% |
| 2014-12 | 4 | capital falling |  |
| 2015-03 | 3 |  | wholesale funding >15% |
| 2015-06 | 4 | wholesale funding >15% |  |
| 2015-09 | 4 |  |  |
| 2015-12 | 5 | brokered >10% |  |
| 2016-03 | 4 |  | capital falling |
| 2016-06 | 2 |  | loans exceed deposits, wholesale funding >15% |
| 2016-09 | 3 | loans exceed deposits, assets shrinking | brokered >10% |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 | wholesale funding >15% | loans exceed deposits, assets shrinking |
| 2017-06 | 4 | brokered >10%, capital falling |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-08-16 [News Analysis: Why Amex Wanted to be a Bank Holding Company - BankInfoSecurity](https://news.google.com/rss/articles/CBMilwFBVV95cUxOY2dQOHAybThjOVNFckJLb19CQk1IMzR3NUFmVWdHVHBMX1lodnJrUnRfY3Z5WTNaVjY4YUFkTzcyWXRHdW9idVBvWThVeEdJNlJOeGlMM1pvRlNCbEN1RUlKOUlTOHp0TXM3TTN2NkVQQ3YzeUFRNTA2MVkxSHpmWWdGUzNOWnpLd29VdDZ1Uy01OXR4SkhF?oc=5) · BankInfoSecurity
- 2008-11-11 [Fed Approves AmEx as Bank Holding Company - CNBC](https://news.google.com/rss/articles/CBMihAFBVV95cUxQZnMwN0d2RkVURS1kMmhwVll6dlI4dlNiQWlRUFNHSHdib0JHdGtFUGRPUWVwWm8za05EcXNfRGYwa05BYlNNV0JMQV9BUUhwX21LbXBRN0R3eldBZ0Z0TmFSSFVURlItZWRSblhYYk5IRllOWnFweHo2R0ZsVlplWi05S3HSAYoBQVVfeXFMT2wza2cyYmRYb0Rkc05nRFN3T3lScGZJLVUwVlJxUDFNRkF0S0lSSFJRaGpqWlZNSXlnMmpueWVYWWRSQWFfRXpDa3VvcU5yVmotYTFJUFNZdGNRaW9WSWY1b0dRbjdnUWFBVzFib3dXRnpFNGxWVDJyR3ZjcFJTWVdZLWhmaDEwaTlR?oc=5) · CNBC
- 2019-02-10 [424B5 - SEC.gov](https://news.google.com/rss/articles/CBMijAFBVV95cUxPUTdpV0ZheHg3ZFk5SDhtRm1CUHdDejUwdEhjMmxvWW4wcWlXV3VKcWo4a2VyUWJyUkVycDhYRnYtMHBfM3VfVzN5TDhxOUVWLUllLUEzTVBMdWtjVDFfejhPUzdzT3Y1d1RHVmVuak5vMGdfNk5OcFZvYjN3bEN5XzhXT0ZoeTFXY3VfMw?oc=5) · SEC.gov
- 2012-10-01 [American Express Says It Will Refund $85 Million (Published 2012) - The New York Times](https://news.google.com/rss/articles/CBMijwFBVV95cUxOaDBGT0Z2SE1PWktNR0lEMWZEM2lLbmFvTkY4OTRFWHBWM3NHbDFrNDJGS2JPeVVsaUJBOHVDY1pLWE5MWGRyWDNhVWM4RmVjS2wtX1NYdDhOdkNOYmNYYzdzNXlOck9jWFRYMVFNSEpWR3FSSEdqVjNrZi1laThCX0t5cGVzQ1JscXE0Y1V4Yw?oc=5) · The New York Times
- 2008-11-12 [AmEx Is a Bank, But Won't Act Like One - thestreet.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPUGZjQmVpc0ZZUEQzZHlma1VSSFpJNlpDT0hld2xoeV94NXZlWVliOWtCRTZwQ1ZyendhbFE0QU5DdlE1QV9NYk9HZnhJM0JhekNFTFNjR3FGT1NwRElDZ1MyM21JUnZaR3RNcmlGR3hrd1pzSmwwckZtS1dBVkhROUlTdV9VczBF?oc=5) · thestreet.com
- 2016-10-11 [Utah: A Banking Giant - Utah Policy](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5DVmpXVWIzdXYzS05DVFFCSlh3cUFnbElwWkJrTmlVY1NwUnZQbGZVX0o0QXpkSGtSYlU3bjlHZTVjZnlMVU1wdzllXzA4NERMaHlEY1VnVTZvMVFzNllfWlVobTNOYlF2?oc=5) · Utah Policy
- 2012-10-01 [American Express to refund $85 million - Worcester Telegram](https://news.google.com/rss/articles/CBMimAFBVV95cUxNdmJpdnMtSlZCTmJHdWZTRGNIb2dZLTJweWJJTTJBWEVZUXJPUnRXcGoyUXo5MHJ4a0VPUzhweHdOYVhlTXN3bW9FODE5YjJUMlNoUGUybmNBcDZHVF9EckRIZ1pZWHR3LWI5WW95Y2lRZ1l5WWdTX0JPM1BFVDB0SW9Rd0RFWFltY2pQY3BxYmlZU21nU1Z3VA?oc=5) · Worcester Telegram
- 2021-12-01 [American Express Interest Rate Class Action Settlement - Top Class Actions](https://news.google.com/rss/articles/CBMivwFBVV95cUxQbmlhdjZ0QzRLU1E5RVFpNWhSQTRGZThNQ08wbC1SeUplR3o4ZU9mR1d4cmtkbkNXVk93TTVyYVd2V0t6ZG9iYUctdHZfZW8yaW4tSldUZUJ6YVUwSC1VdlRmemlzWnVKV09qeUNQQk1tb2otblRqMXhGQmlPUnE4N2ZObXVNREhyVzhjODlLdzhOMXR1eDVXVWpxbXNTNklHWXAyRC00ZlVqVHNCMXkzd1Z5ai1BZkRBQ0NVTm5NSQ?oc=5) · Top Class Actions

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35328 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "35328", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide