Bank of East Asia Ltd
New York, New York · FDIC Cert #26028
This is the FDIC profile for Bank of East Asia Ltd, an FDIC-insured bank (Certificate #26028) with $403M in total assets and $20M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in New York, New York, the bank maintains a Tier 1 capital ratio of Not reported (Not reported) and a nonperforming loan ratio of 15.32%. BankHealthData assigns a composite Health Grade of F (3/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Bank of East Asia Ltd (FDIC cert 26028) is a community bank — $403M in total assets, $20M in deposits, serving the New York, New York area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality shows stress: non-performing loan ratio of 15.32% is well above the peer median and signals significant credit-quality challenges. Banks in this range typically face heightened regulatory monitoring. Liquidity is thin: 0.0% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is minimal: ROA of 0.00% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Bank of East Asia Ltd carries a composite BankHealth grade of F (3/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Bank of East Asia Ltd
- Total Assets
- $403M
- Total Deposits
- $20M
- Tier 1 Capital Ratio
- Not reported
- Capital Status
- Not reported
- Nonperforming Loans
- 15.32%
- Liquidity Ratio
- 0.00%
- Return on Assets
- 0.00%
- Headquarters
- New York, New York
- FDIC Certificate
- #26028
- Health Grade
- F (3/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Bank of East Asia Ltd files quarterly Call Reports with the FDIC under Certificate #26028. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Bank of East Asia Ltd holds a Tier 1 capital ratio of Not reported. This ratio is not reported in the latest FDIC call report — common for banks on the Community Bank Leverage Ratio framework — so the capital factor is excluded from Bank of East Asia Ltd's health score.
Key Financial Metrics
What This Means For Your Money
Bank of East Asia Ltd shows some financial weakness with a Health Score of 3/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
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.
How Bank of East Asia Ltd Compares
Bank of East Asia Ltd’s Health Score of 3 is 77 points below the New York state average of 80 across 130 FDIC-insured banks. Its Tier 1 capital ratio is not reported in the latest FDIC call report, so it is excluded from the score. The 15.32% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.00% is below the national ROA benchmark of ~1.1%. Among 1536 similarly-sized banks, the average Health Score is 80, meaning this bank ranks below its size cohort. Site-wide, Bank of East Asia Ltd is 77 points below the portfolio average of 80.
Frequently Asked Questions
Bank of East Asia Ltd has a Bank Health Score of F (3/100), placing it in weak financial health. Its Tier 1 capital ratio is not reported in its latest FDIC call report. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Bank of East Asia Ltd's Tier 1 capital ratio of Not reported and nonperforming loan ratio of 15.32% indicate an elevated risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Bank of East Asia Ltd is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #26028). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Bank of East Asia Ltd holds $403M in total assets and $20M in total deposits. It is headquartered in New York, New York (FDIC Certificate #26028).
Bank of East Asia Ltd's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #26028 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Bank of East Asia Ltd has a Tier 1 capital ratio of Not reported, classifying it as "Not reported." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 15.32%, and the return on assets is 0.00%.
Yes. Bank of East Asia Ltd is FDIC-insured (Certificate #26028). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An F grade on our Bank Health Score means below 40/100 — significant weakness on multiple metrics; depositors above the FDIC limit should be especially vigilant. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Bank of East Asia Ltd shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.