Eureka Homestead
Metairie, Louisiana · FDIC Cert #29268
Eureka Homestead is an FDIC-insured bank (Certificate #29268) with $103M in total assets and $66M in total deposits as of the Q2 2024 Call Report. Headquartered in Metairie, Louisiana, the bank maintains a Tier 1 capital ratio of 37.09% (Well-Capitalized) and a nonperforming loan ratio of 0.29%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Eureka Homestead (FDIC cert 29268) is a community bank — $103M in total assets, $66M in deposits, serving the Metairie, Louisiana 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 37.09% 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 clean: non-performing loan ratio of 0.29% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 10.0% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.22% 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 mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Eureka Homestead 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: Eureka Homestead
- Total Assets
- $103M
- Total Deposits
- $66M
- Tier 1 Capital Ratio
- 37.09%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.29%
- Liquidity Ratio
- 10.00%
- Return on Assets
- 0.22%
- Headquarters
- Metairie, Louisiana
- FDIC Certificate
- #29268
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Eureka Homestead holds a Tier 1 capital ratio of 37.09%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Eureka Homestead has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Eureka Homestead shows strong financial health indicators. With $103M 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 Eureka Homestead Compares
Eureka Homestead’s Health Score of 71 is 8 points above the Louisiana state average of 63 across 93 FDIC-insured banks. Its 37.09% Tier 1 capital ratio is 23.1 points above the US banking industry average near 14%. The 0.29% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.22% is below the national ROA benchmark of ~1.1%. Among 1125 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Eureka Homestead is 1 points above the portfolio average of 70.
Frequently Asked Questions
Eureka Homestead has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 37.09%, 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. Eureka Homestead's Tier 1 capital ratio of 37.09% and nonperforming loan ratio of 0.29% 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 Eureka Homestead is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #29268). 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.
Eureka Homestead holds $103M in total assets and $66M in total deposits. It is headquartered in Metairie, Louisiana (FDIC Certificate #29268).
Eureka Homestead has a Tier 1 capital ratio of 37.09%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.29%, and the return on assets is 0.22%.
Yes. Eureka Homestead is FDIC-insured (Certificate #29268). 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%).
Eureka Homestead'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.