Is First Nb of Wakefield Safe?
First Nb of Wakefield has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (43/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 22.93% | 100/100 |
| Nonperforming Loan Ratio | 0.66% | 87/100 |
| Liquidity Ratio | 56.62% | 100/100 |
| Return on Assets | 0.57% | 43/100 |
| Total Assets | $0.1B | |
How does First Nb of Wakefield compare?
With a Bank Health Score of 90/100, First Nb of Wakefield sits 20.0 points above the national average of 70/100 for FDIC-insured banks. Within Michigan, where 69 FDIC-insured banks are headquartered, First Nb of Wakefield ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 22.93% 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 0.66% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, First Nb of Wakefield's Bank Health Score fell by 1.0 points to 90/100. Tier 1 capital strengthened by 1.22 percentage points to 22.93%. Quarter-over-quarter, the score rose by 7.0 points.
First Nb of Wakefield has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (43/100).