Is Bank of Elk River Safe?
Bank of Elk River has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is liquidity (100/100), while profitability is its weakest area (48/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 13.49% | 88/100 |
| Nonperforming Loan Ratio | 0.04% | 99/100 |
| Liquidity Ratio | 37.52% | 100/100 |
| Return on Assets | 0.70% | 48/100 |
| Total Assets | $0.7B | |
How does Bank of Elk River compare?
With a Bank Health Score of 90/100, Bank of Elk River sits 20.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Bank of Elk River ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 13.49% 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 0.04% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Bank of Elk River's Bank Health Score fell by 3.0 points to 90/100. Tier 1 capital weakened by 0.56 percentage points to 13.49%. Quarter-over-quarter, the score fell by 2.0 points.
Bank of Elk River has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is liquidity (100/100), while profitability is its weakest area (48/100).