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BankHealth

BANK OF NEW GLARUS

NEW GLARUS, WISCONSIN · FDIC Cert #10378

B
Health Score
71/100
$728M
Total Assets
$592M
Total Deposits
9.63%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF NEW GLARUS holds a Tier 1 capital ratio of 9.63%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF NEW GLARUS has a strong buffer to absorb potential losses.

Key Financial Metrics

0.30%
Nonperforming Loans
Low — healthy loan portfolio
21.08%
Liquidity Ratio
Strong — can meet withdrawal demands
0.99%
Return on Assets
Low profitability
$592M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF NEW GLARUS shows strong financial health indicators. With $728M in assets and a Health Score of 71/100, 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 NEW GLARUS has a Bank Health Score of B (71/100). It holds a Tier 1 capital ratio of 9.63%, 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 NEW GLARUS holds $728M in total assets and $592M in total deposits. It is located in NEW GLARUS, WISCONSIN (FDIC Certificate #10378).

BANK OF NEW GLARUS has a Tier 1 capital ratio of 9.63%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.30%, and the return on assets is 0.99%.

Yes. BANK OF NEW GLARUS is FDIC-insured (Certificate #10378). 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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