CARTER BANK&TRUST
MARTINSVILLE, VIRGINIA · FDIC Cert #58596
Capital & Safety Analysis
According to FDIC financial data, CARTER BANK&TRUST holds a Tier 1 capital ratio of 10.86%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CARTER BANK&TRUST has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
CARTER BANK&TRUST shows some financial weakness with a Health Score of 41/100. 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.
Frequently Asked Questions
CARTER BANK&TRUST has a Bank Health Score of D (41/100). It holds a Tier 1 capital ratio of 10.86%, 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.
CARTER BANK&TRUST holds $4.5B in total assets and $3.9B in total deposits. It is located in MARTINSVILLE, VIRGINIA (FDIC Certificate #58596).
CARTER BANK&TRUST has a Tier 1 capital ratio of 10.86%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 8.46%, and the return on assets is 0.65%.
Yes. CARTER BANK&TRUST is FDIC-insured (Certificate #58596). 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.