FARMERS&MERCHANTS BK CRAIG C
NEW CASTLE, VIRGINIA · FDIC Cert #9986
Capital & Safety Analysis
According to FDIC financial data, FARMERS&MERCHANTS BK CRAIG C holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FARMERS&MERCHANTS BK CRAIG C to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FARMERS&MERCHANTS BK CRAIG C shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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
FARMERS&MERCHANTS BK CRAIG C has a Bank Health Score of C (61/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
FARMERS&MERCHANTS BK CRAIG C holds $89M in total assets and $74M in total deposits. It is located in NEW CASTLE, VIRGINIA (FDIC Certificate #9986).
FARMERS&MERCHANTS BK CRAIG C has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.15%, and the return on assets is 1.15%.
Yes. FARMERS&MERCHANTS BK CRAIG C is FDIC-insured (Certificate #9986). 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.