Basile State Bank
Basile, Louisiana · FDIC Cert #17621
Basile State Bank is an FDIC-insured bank (Certificate #17621) with $72M in total assets and $64M in total deposits as of the Q2 2024 Call Report. Headquartered in Basile, Louisiana, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 2.33%. BankHealthData assigns a composite Health Grade of F (28/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Basile State Bank (FDIC cert 17621) is a community bank — $72M in total assets, $64M in deposits, serving the Basile, Louisiana 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 is elevated: non-performing loan ratio of 2.33% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is thin: 7.0% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 1.99% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Basile State Bank carries a composite BankHealth grade of F (28/100) 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: Basile State Bank
- Total Assets
- $72M
- Total Deposits
- $64M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 2.33%
- Liquidity Ratio
- 7.01%
- Return on Assets
- 1.99%
- Headquarters
- Basile, Louisiana
- FDIC Certificate
- #17621
- Health Grade
- F (28/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Basile State Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Basile State Bank to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Basile State Bank shows some financial weakness with a Health Score of 28/100. 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 Basile State Bank Compares
Basile State Bank’s Health Score of 28 is 35 points below the Louisiana state average of 63 across 93 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 2.33% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 1.99% is in line with or above the national ROA benchmark of ~1.1%. Among 829 similarly-sized banks, the average Health Score is 68, meaning this bank ranks below its size cohort. Site-wide, Basile State Bank is 42 points below the portfolio average of 70.
Frequently Asked Questions
Basile State Bank has a Bank Health Score of F (28/100), placing it in weak financial health. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. 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. Basile State Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 2.33% 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 Basile State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #17621). 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.
Basile State Bank holds $72M in total assets and $64M in total deposits. It is headquartered in Basile, Louisiana (FDIC Certificate #17621).
Basile State Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.33%, and the return on assets is 1.99%.
Yes. Basile State Bank is FDIC-insured (Certificate #17621). 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%).
Basile State Bank 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.