CANANDAIGUA NATL TR CO OF FL
SARASOTA, FLORIDA · FDIC Cert #58999
Capital & Safety Analysis
According to FDIC financial data, CANANDAIGUA NATL TR CO OF FL holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject CANANDAIGUA NATL TR CO OF FL to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
CANANDAIGUA NATL TR CO OF FL shows strong financial health indicators. With $5M in assets and a Health Score of 65/100, 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
CANANDAIGUA NATL TR CO OF FL has a Bank Health Score of B (65/100). 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.
CANANDAIGUA NATL TR CO OF FL holds $5M in total assets and $0 in total deposits. It is located in SARASOTA, FLORIDA (FDIC Certificate #58999).
CANANDAIGUA NATL TR CO OF FL has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 18.82%.
Yes. CANANDAIGUA NATL TR CO OF FL is FDIC-insured (Certificate #58999). 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.