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BankHealth

42 NORTH PRIVATE BANK

CANTON, MASSACHUSETTS · FDIC Cert #27015

B
Health Score
66/100
$231M
Total Assets
$168M
Total Deposits
14.96%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, 42 NORTH PRIVATE BANK holds a Tier 1 capital ratio of 14.96%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning 42 NORTH PRIVATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.57%
Nonperforming Loans
Moderate — some loan stress
15.29%
Liquidity Ratio
Adequate liquidity
-1.77%
Return on Assets
Negative — losing money
$168M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

42 NORTH PRIVATE BANK shows strong financial health indicators. With $231M in assets and a Health Score of 66/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

42 NORTH PRIVATE BANK has a Bank Health Score of B (66/100). It holds a Tier 1 capital ratio of 14.96%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

42 NORTH PRIVATE BANK holds $231M in total assets and $168M in total deposits. It is located in CANTON, MASSACHUSETTS (FDIC Certificate #27015).

42 NORTH PRIVATE BANK has a Tier 1 capital ratio of 14.96%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.57%, and the return on assets is -1.77%.

Yes. 42 NORTH PRIVATE BANK is FDIC-insured (Certificate #27015). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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