FARMERS NB OF GRIGGSVILLE
GRIGGSVILLE, ILLINOIS · FDIC Cert #15928
Capital & Safety Analysis
According to FDIC financial data, FARMERS NB OF GRIGGSVILLE holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FARMERS NB OF GRIGGSVILLE to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FARMERS NB OF GRIGGSVILLE shows some financial weakness with a Health Score of 42/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
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 GRIGGSVILLE has a Bank Health Score of D (42/100). 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 NB OF GRIGGSVILLE holds $138M in total assets and $119M in total deposits. It is located in GRIGGSVILLE, ILLINOIS (FDIC Certificate #15928).
FARMERS NB OF GRIGGSVILLE has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.35%, and the return on assets is 1.36%.
Yes. FARMERS NB OF GRIGGSVILLE is FDIC-insured (Certificate #15928). 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.