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Is Perennial Bank Safe?

Perennial Bank has a Bank Health Score of 93/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (56/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio23.08%100/100
Nonperforming Loan Ratio0.43%91/100
Liquidity Ratio58.37%100/100
Return on Assets0.90%56/100
Total Assets$0.1B

How does Perennial Bank compare?

With a Bank Health Score of 93/100, Perennial Bank sits 23.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Perennial Bank ranks above the state average of 73/100 (Grade B).

The bank's Tier 1 capital ratio of 23.08% 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 0.43% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Perennial Bank's Bank Health Score held roughly steady at 93/100. Tier 1 capital strengthened by 0.93 percentage points to 23.08%. Quarter-over-quarter, the score rose by 1.0 points.

Perennial Bank has a Bank Health Score of 93/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (56/100).