Is Garrett State Bank Safe?
Garrett State Bank has a Bank Health Score of 87/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while liquidity is its weakest area (68/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 17.91% | 100/100 |
| Nonperforming Loan Ratio | 0.34% | 93/100 |
| Liquidity Ratio | 22.07% | 68/100 |
| Return on Assets | 1.37% | 75/100 |
| Total Assets | $0.4B | |
How does Garrett State Bank compare?
With a Bank Health Score of 87/100, Garrett State Bank sits 17.0 points above the national average of 70/100 for FDIC-insured banks. Within Indiana, where 73 FDIC-insured banks are headquartered, Garrett State Bank ranks above the state average of 70/100 (Grade B).
The bank's Tier 1 capital ratio of 17.91% 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 0.34% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Garrett State Bank's Bank Health Score improved by 2.0 points to 87/100. Tier 1 capital weakened by 0.40 percentage points to 17.91%. Quarter-over-quarter, the score rose by 2.0 points.
Garrett State Bank has a Bank Health Score of 87/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while liquidity is its weakest area (68/100).