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BankHealth

BANKGLOUCESTER

GLOUCESTER, MASSACHUSETTS · FDIC Cert #26536

C
Health Score
52/100
$375M
Total Assets
$321M
Total Deposits
12.12%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANKGLOUCESTER holds a Tier 1 capital ratio of 12.12%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANKGLOUCESTER has a strong buffer to absorb potential losses.

Key Financial Metrics

2.42%
Nonperforming Loans
Moderate — some loan stress
11.48%
Liquidity Ratio
Adequate liquidity
0.08%
Return on Assets
Low profitability
$321M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANKGLOUCESTER shows average financial health. While not alarming, its Health Score of 52/100 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

BANKGLOUCESTER has a Bank Health Score of C (52/100). It holds a Tier 1 capital ratio of 12.12%, 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.

BANKGLOUCESTER holds $375M in total assets and $321M in total deposits. It is located in GLOUCESTER, MASSACHUSETTS (FDIC Certificate #26536).

BANKGLOUCESTER has a Tier 1 capital ratio of 12.12%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.42%, and the return on assets is 0.08%.

Yes. BANKGLOUCESTER is FDIC-insured (Certificate #26536). 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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