FIRST BANK OF BOAZ
BOAZ, ALABAMA · FDIC Cert #2784
Capital & Safety Analysis
According to FDIC financial data, FIRST BANK OF BOAZ holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST BANK OF BOAZ to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FIRST BANK OF BOAZ shows average financial health. While not alarming, its Health Score of 58/100 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
FIRST BANK OF BOAZ has a Bank Health Score of C (58/100). 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.
FIRST BANK OF BOAZ holds $252M in total assets and $201M in total deposits. It is located in BOAZ, ALABAMA (FDIC Certificate #2784).
FIRST BANK OF BOAZ has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.58%, and the return on assets is 1.03%.
Yes. FIRST BANK OF BOAZ is FDIC-insured (Certificate #2784). 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.