Country Bank for Savings
Ware, Massachusetts · FDIC Cert #23992
This is the FDIC profile for Country Bank for Savings, an FDIC-insured bank (Certificate #23992) with $1.9B in total assets and $1.4B in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Ware, Massachusetts, the bank maintains a Tier 1 capital ratio of 16.00% (Well-Capitalized) and a nonperforming loan ratio of 1.35%. BankHealthData assigns a composite Health Grade of B (78/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Country Bank for Savings (FDIC cert 23992) is a mid-sized bank with $1.9B in total assets and $1.4B in deposits, based in Ware, Massachusetts. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 16.00% 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 1.35% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 21.9% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.60% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. 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. Country Bank for Savings carries a composite BankHealth grade of B (78/100) 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: Country Bank for Savings
- Total Assets
- $1.9B
- Total Deposits
- $1.4B
- Tier 1 Capital Ratio
- 16.00%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.35%
- Liquidity Ratio
- 21.93%
- Return on Assets
- 0.60%
- Headquarters
- Ware, Massachusetts
- FDIC Certificate
- #23992
- Health Grade
- B (78/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Country Bank for Savings files quarterly Call Reports with the FDIC under Certificate #23992. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track Country Bank for Savings
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, Country Bank for Savings holds a Tier 1 capital ratio of 16.00%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Country Bank for Savings has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Country Bank for Savings shows strong financial health indicators. With $1.9B in assets and a Health Score of 78/100, 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 Country Bank for Savings Compares
Country Bank for Savings’s Health Score of 78 is 3 points above the Massachusetts state average of 75 across 97 FDIC-insured banks. Its 16.00% Tier 1 capital ratio is 2.0 points above the US banking industry average near 14%. The 1.35% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.60% is below the national ROA benchmark of ~1.1%. Among 644 similarly-sized banks, the average Health Score is 78, meaning this bank ranks above its size cohort. Site-wide, Country Bank for Savings is 2 points below the portfolio average of 80.
Frequently Asked Questions
Country Bank for Savings has a Bank Health Score of B (78/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 16.00%, 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. Country Bank for Savings's Tier 1 capital ratio of 16.00% and nonperforming loan ratio of 1.35% 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 Country Bank for Savings is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #23992). 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.
Country Bank for Savings holds $1.9B in total assets and $1.4B in total deposits. It is headquartered in Ware, Massachusetts (FDIC Certificate #23992).
Country Bank for Savings's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #23992 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Country Bank for Savings has a Tier 1 capital ratio of 16.00%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.35%, and the return on assets is 0.60%.
Yes. Country Bank for Savings is FDIC-insured (Certificate #23992). 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%).
Country Bank for Savings'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.