Looks like AMF Roadmaster built, late 50's early 60's, going by the frame and chainguard, and the seat stem that tightens like a handlebar stem. The sprocket? No rust on it so maybe it was a replacement or someone oiled it.
That chainring was the first new design of the AMF era, I believe it started in 53, but as was said, this is a late 50s bike at least. The banana seat and ape bars were added later. -Adam