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BankHealth

BANK OF CATTARAUGUS

CATTARAUGUS, NEW YORK · FDIC Cert #9406

A
Health Score
92/100
$29M
Total Assets
$26M
Total Deposits
17.72%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF CATTARAUGUS holds a Tier 1 capital ratio of 17.72%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF CATTARAUGUS has a strong buffer to absorb potential losses.

Key Financial Metrics

0.93%
Nonperforming Loans
Low — healthy loan portfolio
43.78%
Liquidity Ratio
Strong — can meet withdrawal demands
1.47%
Return on Assets
Profitable — earning well on assets
$26M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF CATTARAUGUS shows strong financial health indicators. With $29M in assets and a Health Score of 92/100, 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

BANK OF CATTARAUGUS has a Bank Health Score of A (92/100). It holds a Tier 1 capital ratio of 17.72%, 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.

BANK OF CATTARAUGUS holds $29M in total assets and $26M in total deposits. It is located in CATTARAUGUS, NEW YORK (FDIC Certificate #9406).

BANK OF CATTARAUGUS has a Tier 1 capital ratio of 17.72%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.93%, and the return on assets is 1.47%.

Yes. BANK OF CATTARAUGUS is FDIC-insured (Certificate #9406). 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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