Skip to main content
BankHealth

BANK OF FARMINGTON

FARMINGTON, ILLINOIS · FDIC Cert #11732

B
Health Score
76/100
$230M
Total Assets
$202M
Total Deposits
13.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF FARMINGTON holds a Tier 1 capital ratio of 13.00%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF FARMINGTON has a strong buffer to absorb potential losses.

Key Financial Metrics

0.66%
Nonperforming Loans
Low — healthy loan portfolio
21.96%
Liquidity Ratio
Strong — can meet withdrawal demands
0.44%
Return on Assets
Low profitability
$202M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF FARMINGTON shows strong financial health indicators. With $230M in assets and a Health Score of 76/100, 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 FARMINGTON has a Bank Health Score of B (76/100). It holds a Tier 1 capital ratio of 13.00%, 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 FARMINGTON holds $230M in total assets and $202M in total deposits. It is located in FARMINGTON, ILLINOIS (FDIC Certificate #11732).

BANK OF FARMINGTON has a Tier 1 capital ratio of 13.00%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.66%, and the return on assets is 0.44%.

Yes. BANK OF FARMINGTON is FDIC-insured (Certificate #11732). 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.

Last updated: