First Nb of St Ignace Safety Rating
First Nb of St Ignace's safety rating is grade A, a Bank Health Score of 95/100 built from FDIC call report data. That ranks #333 out of 3,960 FDIC-insured banks nationally (top 8%). The rating weights Tier 1 capital (35%), loan quality (30%), liquidity (25%), and profitability (10%); First Nb of St Ignace's best component is Tier 1 capital (100/100) and its weakest is loan quality (82/100).
This page answers a common banking-safety question: First Nb of St Ignace Safety Rating. The answer draws on FDIC Call Report filings, the quarterly disclosure every FDIC-insured bank submits covering capital, assets, loans, deposits, and earnings. Call Report data is one of the most comprehensive bank-level public-records systems in the U.S. financial system. Why this matters for depositors: most U.S. consumer deposits are FDIC-insured up to $250,000 per depositor per insured bank, so bank failure does not directly threaten typical retail deposits within that limit. But the bank-health analysis is still useful for above-limit deposits (small businesses, treasurers, high-net-worth depositors) and for understanding the broader stability of regional banking.
The detailed answer below uses the actual FDIC Call Report numbers, explains how to read them, and translates the regulatory accounting into the depositor-relevant interpretation of the question.
First Nb of St Ignace Safety Rating Breakdown
- Overall rating
- Grade A (95/100)
- National rank
- #333 of 3,960
- Tier 1 capital (35%)
- 100/100
- Loan quality (30%)
- 82/100
- Liquidity (25%)
- 100/100
- Profitability (10%)
- 100/100
Source: FDIC Call Report data. The BankHealth safety rating is an editorial composite, not an official regulatory rating.
A grade A rating places First Nb of St Ignace among the stronger FDIC-insured banks on the composite — strong capital with manageable risk on the other factors. Nationally it ranks in roughly the top 8% of the 3,960 banks we score.
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 16.62% | 100/100 |
| Nonperforming Loan Ratio | 0.90% | 82/100 |
| Liquidity Ratio | 64.49% | 100/100 |
| Return on Assets | 2.63% | 100/100 |
| Total Assets | $0.3B | |
How does First Nb of St Ignace compare?
With a Bank Health Score of 95/100, First Nb of St Ignace sits 25.0 points above the national average of 70/100 for FDIC-insured banks. Within Michigan, where 69 FDIC-insured banks are headquartered, First Nb of St Ignace ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 16.62% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.90% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, First Nb of St Ignace's Bank Health Score improved by 23.0 points to 95/100. Tier 1 capital strengthened by 3.83 percentage points to 16.62%. Quarter-over-quarter, the score rose by 15.0 points.
Frequently Asked Questions
First Nb of St Ignace's safety rating is grade A, a Bank Health Score of 95/100 built from FDIC call report data. That ranks #333 out of 3,960 FDIC-insured banks nationally (top 8%). The rating weights Tier 1 capital (35%), loan quality (30%), liquidity (25%), and profitability (10%); First Nb of St Ignace's best component is Tier 1 capital (100/100) and its weakest is loan quality (82/100).
The BankHealth safety rating converts four FDIC call report metrics into a single 0-100 score and an A-F grade. It weights Tier 1 capital ratio (35%), the inverted nonperforming-loan ratio (30%), liquidity ratio (25%), and return on assets (10%). For First Nb of St Ignace: Tier 1 capital scores 100/100, loan quality 82/100, liquidity 100/100, and profitability 100/100 — combining to 95/100 (grade A).
First Nb of St Ignace's Bank Health Score of 95/100 is 22.0 points above the Michigan state average of 73/100. 69 FDIC-insured banks are headquartered in Michigan.
Yes. First Nb of St Ignace (FDIC certificate #5074) is FDIC-insured, meaning each depositor is covered up to $250,000 per ownership category if the bank fails. FDIC insurance protects checking, savings, money market, and CD deposits — it does not cover stocks, bonds, mutual funds, or annuities.
More about First Nb of St Ignace
First Nb of St Ignace's safety rating is grade A, a Bank Health Score of 95/100 built from FDIC call report data. That ranks #333 out of 3,960 FDIC-insured banks nationally (top 8%). The rating weights Tier 1 capital (35%), loan quality (30%), liquidity (25%), and profitability (10%); First Nb of St Ignace's best component is Tier 1 capital (100/100) and its weakest is loan quality (82/100).