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BankHealth

FARMERS NB OF DANVILLE

DANVILLE, KENTUCKY · FDIC Cert #2740

A
Health Score
82/100
$940M
Total Assets
$859M
Total Deposits
12.34%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FARMERS NB OF DANVILLE holds a Tier 1 capital ratio of 12.34%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS NB OF DANVILLE has a strong buffer to absorb potential losses.

Key Financial Metrics

0.59%
Nonperforming Loans
Low — healthy loan portfolio
24.22%
Liquidity Ratio
Strong — can meet withdrawal demands
1.51%
Return on Assets
Profitable — earning well on assets
$859M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FARMERS NB OF DANVILLE shows strong financial health indicators. With $940M in assets and a Health Score of 82/100, 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

FARMERS NB OF DANVILLE has a Bank Health Score of A (82/100). It holds a Tier 1 capital ratio of 12.34%, 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.

FARMERS NB OF DANVILLE holds $940M in total assets and $859M in total deposits. It is located in DANVILLE, KENTUCKY (FDIC Certificate #2740).

FARMERS NB OF DANVILLE has a Tier 1 capital ratio of 12.34%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.59%, and the return on assets is 1.51%.

Yes. FARMERS NB OF DANVILLE is FDIC-insured (Certificate #2740). 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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