Belmont Savings Bank SSB
Belmont, North Carolina · FDIC Cert #28035
Belmont Savings Bank SSB is an FDIC-insured bank (Certificate #28035) with $131M in total assets and $95M in total deposits as of the Q2 2024 Call Report. Headquartered in Belmont, North Carolina, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.24%. BankHealthData assigns a composite Health Grade of D (36/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Belmont Savings Bank SSB (FDIC cert 28035) is a community bank — $131M in total assets, $95M in deposits, serving the Belmont, North Carolina 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 clean: non-performing loan ratio of 0.24% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 12.1% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is negative: ROA of -0.49% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Belmont Savings Bank SSB carries a composite BankHealth grade of D (36/100) 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: Belmont Savings Bank SSB
- Total Assets
- $131M
- Total Deposits
- $95M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.24%
- Liquidity Ratio
- 12.09%
- Return on Assets
- -0.49%
- Headquarters
- Belmont, North Carolina
- FDIC Certificate
- #28035
- Health Grade
- D (36/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Belmont Savings Bank SSB holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Belmont Savings Bank SSB to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Belmont Savings Bank SSB shows some financial weakness with a Health Score of 36/100. 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 Belmont Savings Bank SSB Compares
Belmont Savings Bank SSB’s Health Score of 36 is 37 points below the North Carolina state average of 73 across 36 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.24% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.49% is below the national ROA benchmark of ~1.1%. Among 1273 similarly-sized banks, the average Health Score is 68, meaning this bank ranks below its size cohort. Site-wide, Belmont Savings Bank SSB is 34 points below the portfolio average of 70.
Frequently Asked Questions
Belmont Savings Bank SSB has a Bank Health Score of D (36/100), placing it showing signs of financial stress. 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. Belmont Savings Bank SSB's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.24% 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 Belmont Savings Bank SSB is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #28035). 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.
Belmont Savings Bank SSB holds $131M in total assets and $95M in total deposits. It is headquartered in Belmont, North Carolina (FDIC Certificate #28035).
Belmont Savings Bank SSB 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 0.24%, and the return on assets is -0.49%.
Yes. Belmont Savings Bank SSB is FDIC-insured (Certificate #28035). 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 D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Belmont Savings Bank SSB 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.