Concorde Bank
Blomkest, Minnesota · FDIC Cert #9727
Concorde Bank is an FDIC-insured bank (Certificate #9727) with $76M in total assets and $68M in total deposits as of the Q2 2024 Call Report. Headquartered in Blomkest, Minnesota, the bank maintains a Tier 1 capital ratio of 13.29% (Well-Capitalized) and a nonperforming loan ratio of 2.05%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Concorde Bank (FDIC cert 9727) is a community bank — $76M in total assets, $68M in deposits, serving the Blomkest, Minnesota 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 13.29% 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 elevated: non-performing loan ratio of 2.05% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 17.8% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 2.13% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. 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. Concorde Bank carries a composite BankHealth grade of B (71/100) 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: Concorde Bank
- Total Assets
- $76M
- Total Deposits
- $68M
- Tier 1 Capital Ratio
- 13.29%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.05%
- Liquidity Ratio
- 17.82%
- Return on Assets
- 2.13%
- Headquarters
- Blomkest, Minnesota
- FDIC Certificate
- #9727
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Concorde Bank holds a Tier 1 capital ratio of 13.29%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Concorde Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Concorde Bank shows strong financial health indicators. With $76M in assets and a Health Score of 71/100, 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 Concorde Bank Compares
Concorde Bank’s Health Score of 71 is 2 points below the Minnesota state average of 73 across 225 FDIC-insured banks. Its 13.29% Tier 1 capital ratio is 0.7 points below the US banking industry average near 14%. The 2.05% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.13% is in line with or above the national ROA benchmark of ~1.1%. Among 864 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Concorde Bank is 1 points above the portfolio average of 70.
Frequently Asked Questions
Concorde Bank has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 13.29%, 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. Concorde Bank's Tier 1 capital ratio of 13.29% and nonperforming loan ratio of 2.05% 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 Concorde Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #9727). 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.
Concorde Bank holds $76M in total assets and $68M in total deposits. It is headquartered in Blomkest, Minnesota (FDIC Certificate #9727).
Concorde Bank has a Tier 1 capital ratio of 13.29%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.05%, and the return on assets is 2.13%.
Yes. Concorde Bank is FDIC-insured (Certificate #9727). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Concorde 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.