Carthage S&L NA
Carthage, New York · FDIC Cert #28942
Carthage S&L NA is an FDIC-insured bank (Certificate #28942) with $301M in total assets and $251M in total deposits as of the Q2 2024 Call Report. Headquartered in Carthage, New York, the bank maintains a Tier 1 capital ratio of 25.52% (Well-Capitalized) and a nonperforming loan ratio of 0.18%. BankHealthData assigns a composite Health Grade of B (79/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Carthage S&L NA (FDIC cert 28942) is a community bank — $301M in total assets, $251M in deposits, serving the Carthage, New York area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 25.52% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.18% 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 in the normal range: 17.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is minimal: ROA of 0.20% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. 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. Carthage S&L NA carries a composite BankHealth grade of B (79/100) 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: Carthage S&L NA
- Total Assets
- $301M
- Total Deposits
- $251M
- Tier 1 Capital Ratio
- 25.52%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.18%
- Liquidity Ratio
- 17.52%
- Return on Assets
- 0.20%
- Headquarters
- Carthage, New York
- FDIC Certificate
- #28942
- Health Grade
- B (79/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Carthage S&L NA holds a Tier 1 capital ratio of 25.52%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Carthage S&L NA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Carthage S&L NA shows strong financial health indicators. With $301M in assets and a Health Score of 79/100, 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.
How Carthage S&L NA Compares
Carthage S&L NA’s Health Score of 79 is 8 points above the New York state average of 71 across 130 FDIC-insured banks. Its 25.52% Tier 1 capital ratio is 11.5 points above the US banking industry average near 14%. The 0.18% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.20% is below the national ROA benchmark of ~1.1%. Among 1593 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Carthage S&L NA is 9 points above the portfolio average of 70.
Frequently Asked Questions
Carthage S&L NA has a Bank Health Score of B (79/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 25.52%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Carthage S&L NA's Tier 1 capital ratio of 25.52% and nonperforming loan ratio of 0.18% indicate a low 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 Carthage S&L NA is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #28942). 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.
Carthage S&L NA holds $301M in total assets and $251M in total deposits. It is headquartered in Carthage, New York (FDIC Certificate #28942).
Carthage S&L NA has a Tier 1 capital ratio of 25.52%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.18%, and the return on assets is 0.20%.
Yes. Carthage S&L NA is FDIC-insured (Certificate #28942). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Carthage S&L NA's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.