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BankHealth

CITIZENS NB OF HAMMOND

HAMMOND, NEW YORK · FDIC Cert #14820

A
Health Score
83/100
$27M
Total Assets
$24M
Total Deposits
16.26%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, CITIZENS NB OF HAMMOND holds a Tier 1 capital ratio of 16.26%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CITIZENS NB OF HAMMOND has a strong buffer to absorb potential losses.

Key Financial Metrics

0.07%
Nonperforming Loans
Low — healthy loan portfolio
19.26%
Liquidity Ratio
Adequate liquidity
0.45%
Return on Assets
Low profitability
$24M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

CITIZENS NB OF HAMMOND shows strong financial health indicators. With $27M 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.

Frequently Asked Questions

CITIZENS NB OF HAMMOND has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 16.26%, 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.

CITIZENS NB OF HAMMOND holds $27M in total assets and $24M in total deposits. It is located in HAMMOND, NEW YORK (FDIC Certificate #14820).

CITIZENS NB OF HAMMOND has a Tier 1 capital ratio of 16.26%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.07%, and the return on assets is 0.45%.

Yes. CITIZENS NB OF HAMMOND is FDIC-insured (Certificate #14820). 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.

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