COLFAX BANKING CO
COLFAX, LOUISIANA · FDIC Cert #8140
Capital & Safety Analysis
According to FDIC financial data, COLFAX BANKING CO holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject COLFAX BANKING CO to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
COLFAX BANKING CO shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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
COLFAX BANKING CO has a Bank Health Score of C (61/100). 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.
COLFAX BANKING CO holds $147M in total assets and $136M in total deposits. It is located in COLFAX, LOUISIANA (FDIC Certificate #8140).
COLFAX BANKING CO has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.07%, and the return on assets is 1.10%.
Yes. COLFAX BANKING CO is FDIC-insured (Certificate #8140). 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.