Cayuga Lake National Bank
Union Springs, New York · FDIC Cert #6954
Cayuga Lake National Bank is an FDIC-insured bank (Certificate #6954) with $285M in total assets and $260M in total deposits as of the Q2 2024 Call Report. Headquartered in Union Springs, New York, the bank maintains a Tier 1 capital ratio of 15.05% (Well-Capitalized) and a nonperforming loan ratio of 1.50%. BankHealthData assigns a composite Health Grade of A (83/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Cayuga Lake National Bank (FDIC cert 6954) is a community bank — $285M in total assets, $260M in deposits, serving the Union Springs, 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 15.05% 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 normal: non-performing loan ratio of 1.50% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 30.5% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is minimal: ROA of 0.03% 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 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. Cayuga Lake National Bank carries a composite BankHealth grade of A (83/100) 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: Cayuga Lake National Bank
- Total Assets
- $285M
- Total Deposits
- $260M
- Tier 1 Capital Ratio
- 15.05%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.50%
- Liquidity Ratio
- 30.54%
- Return on Assets
- 0.03%
- Headquarters
- Union Springs, New York
- FDIC Certificate
- #6954
- Health Grade
- A (83/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Cayuga Lake National Bank holds a Tier 1 capital ratio of 15.05%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Cayuga Lake National Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Cayuga Lake National Bank shows strong financial health indicators. With $285M in assets and a Health Score of 83/100, 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 Cayuga Lake National Bank Compares
Cayuga Lake National Bank’s Health Score of 83 is 12 points above the New York state average of 71 across 130 FDIC-insured banks. Its 15.05% Tier 1 capital ratio is 1.1 points above the US banking industry average near 14%. The 1.50% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.03% is below the national ROA benchmark of ~1.1%. Among 1589 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Cayuga Lake National Bank is 13 points above the portfolio average of 70.
Frequently Asked Questions
Cayuga Lake National Bank has a Bank Health Score of A (83/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 15.05%, 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. Cayuga Lake National Bank's Tier 1 capital ratio of 15.05% and nonperforming loan ratio of 1.50% 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 Cayuga Lake National Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #6954). 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.
Cayuga Lake National Bank holds $285M in total assets and $260M in total deposits. It is headquartered in Union Springs, New York (FDIC Certificate #6954).
Cayuga Lake National Bank has a Tier 1 capital ratio of 15.05%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.50%, and the return on assets is 0.03%.
Yes. Cayuga Lake National Bank is FDIC-insured (Certificate #6954). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Cayuga Lake National Bank'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.