Commonwealth National Bank
Mobile, Alabama · FDIC Cert #22229
Commonwealth National Bank is an FDIC-insured bank (Certificate #22229) with $68M in total assets and $60M in total deposits as of the Q2 2024 Call Report. Headquartered in Mobile, Alabama, the bank maintains a Tier 1 capital ratio of 35.57% (Well-Capitalized) and a nonperforming loan ratio of 1.54%. BankHealthData assigns a composite Health Grade of A (82/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Commonwealth National Bank (FDIC cert 22229) is a community bank — $68M in total assets, $60M in deposits, serving the Mobile, Alabama 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 35.57% 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 1.54% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 62.2% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is negative: ROA of -0.25% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. 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. Commonwealth National Bank carries a composite BankHealth grade of A (82/100) 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: Commonwealth National Bank
- Total Assets
- $68M
- Total Deposits
- $60M
- Tier 1 Capital Ratio
- 35.57%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.54%
- Liquidity Ratio
- 62.16%
- Return on Assets
- -0.25%
- Headquarters
- Mobile, Alabama
- FDIC Certificate
- #22229
- Health Grade
- A (82/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Commonwealth National Bank holds a Tier 1 capital ratio of 35.57%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Commonwealth National Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Commonwealth National Bank shows strong financial health indicators. With $68M in assets and a Health Score of 82/100, 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 Commonwealth National Bank Compares
Commonwealth National Bank’s Health Score of 82 is 16 points above the Alabama state average of 66 across 78 FDIC-insured banks. Its 35.57% Tier 1 capital ratio is 21.6 points above the US banking industry average near 14%. The 1.54% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -0.25% is below the national ROA benchmark of ~1.1%. Among 760 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Commonwealth National Bank is 12 points above the portfolio average of 70.
Frequently Asked Questions
Commonwealth National Bank has a Bank Health Score of A (82/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 35.57%, 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. Commonwealth National Bank's Tier 1 capital ratio of 35.57% and nonperforming loan ratio of 1.54% 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 Commonwealth National Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #22229). 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.
Commonwealth National Bank holds $68M in total assets and $60M in total deposits. It is headquartered in Mobile, Alabama (FDIC Certificate #22229).
Commonwealth National Bank has a Tier 1 capital ratio of 35.57%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.54%, and the return on assets is -0.25%.
Yes. Commonwealth National Bank is FDIC-insured (Certificate #22229). 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%).
Commonwealth 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.