Is Skowhegan Savings Bank Safe?
Skowhegan Savings 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 (64/100).
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 20.20% | 100/100 |
| Nonperforming Loan Ratio | 0.27% | 95/100 |
| Liquidity Ratio | 28.16% | 93/100 |
| Return on Assets | 1.09% | 64/100 |
| Total Assets | $0.9B | |
How does Skowhegan Savings Bank compare?
With a Bank Health Score of 93/100, Skowhegan Savings Bank sits 23.0 points above the national average of 70/100 for FDIC-insured banks. Within Maine, where 20 FDIC-insured banks are headquartered, Skowhegan Savings Bank ranks above the state average of 64/100 (Grade C).
The bank's Tier 1 capital ratio of 20.20% 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 0.27% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Skowhegan Savings Bank's Bank Health Score improved by 5.0 points to 93/100. Tier 1 capital was essentially flat at 20.20%. Quarter-over-quarter, the score fell by 2.0 points.
Skowhegan Savings 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 (64/100).