Skip to main content
BankHealth

BANK OF SPRINGFIELD

SPRINGFIELD, ILLINOIS · FDIC Cert #19506

C
Health Score
58/100
$1.6B
Total Assets
$1.4B
Total Deposits
10.23%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF SPRINGFIELD holds a Tier 1 capital ratio of 10.23%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF SPRINGFIELD has a strong buffer to absorb potential losses.

Key Financial Metrics

1.54%
Nonperforming Loans
Moderate — some loan stress
12.65%
Liquidity Ratio
Adequate liquidity
1.39%
Return on Assets
Profitable — earning well on assets
$1.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF SPRINGFIELD shows average financial health. While not alarming, its Health Score of 58/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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 SPRINGFIELD has a Bank Health Score of C (58/100). It holds a Tier 1 capital ratio of 10.23%, 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 SPRINGFIELD holds $1.6B in total assets and $1.4B in total deposits. It is located in SPRINGFIELD, ILLINOIS (FDIC Certificate #19506).

BANK OF SPRINGFIELD has a Tier 1 capital ratio of 10.23%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.54%, and the return on assets is 1.39%.

Yes. BANK OF SPRINGFIELD is FDIC-insured (Certificate #19506). 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: