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BankHealth

COMMUNITY DEVELOPMENT BK FSB

OGEMA, MINNESOTA · FDIC Cert #10568

A
Health Score
86/100
$167M
Total Assets
$144M
Total Deposits
20.40%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, COMMUNITY DEVELOPMENT BK FSB holds a Tier 1 capital ratio of 20.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning COMMUNITY DEVELOPMENT BK FSB has a strong buffer to absorb potential losses.

Key Financial Metrics

2.39%
Nonperforming Loans
Moderate — some loan stress
36.45%
Liquidity Ratio
Strong — can meet withdrawal demands
5.07%
Return on Assets
Profitable — earning well on assets
$144M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

COMMUNITY DEVELOPMENT BK FSB shows strong financial health indicators. With $167M in assets and a Health Score of 86/100, 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

COMMUNITY DEVELOPMENT BK FSB has a Bank Health Score of A (86/100). It holds a Tier 1 capital ratio of 20.40%, 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.

COMMUNITY DEVELOPMENT BK FSB holds $167M in total assets and $144M in total deposits. It is located in OGEMA, MINNESOTA (FDIC Certificate #10568).

COMMUNITY DEVELOPMENT BK FSB has a Tier 1 capital ratio of 20.40%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.39%, and the return on assets is 5.07%.

Yes. COMMUNITY DEVELOPMENT BK FSB is FDIC-insured (Certificate #10568). 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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