First Central Bank
Cambridge, Nebraska · FDIC Cert #10637
First Central Bank is an FDIC-insured bank (Certificate #10637) with $132M in total assets and $113M in total deposits as of the Q2 2024 Call Report. Headquartered in Cambridge, Nebraska, the bank maintains a Tier 1 capital ratio of 12.06% (Well-Capitalized) and a nonperforming loan ratio of 6.45%. BankHealthData assigns a composite Health Grade of D (46/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Central Bank (FDIC cert 10637) is a community bank — $132M in total assets, $113M in deposits, serving the Cambridge, Nebraska 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 12.06% 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 shows stress: non-performing loan ratio of 6.45% is well above the peer median and signals significant credit-quality challenges. Banks in this range typically face heightened regulatory monitoring. Liquidity is thin: 13.4% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 2.63% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. First Central Bank carries a composite BankHealth grade of D (46/100) 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: First Central Bank
- Total Assets
- $132M
- Total Deposits
- $113M
- Tier 1 Capital Ratio
- 12.06%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 6.45%
- Liquidity Ratio
- 13.43%
- Return on Assets
- 2.63%
- Headquarters
- Cambridge, Nebraska
- FDIC Certificate
- #10637
- Health Grade
- D (46/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Central Bank holds a Tier 1 capital ratio of 12.06%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Central Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Central Bank shows some financial weakness with a Health Score of 46/100. 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.
How First Central Bank Compares
First Central Bank’s Health Score of 46 is 19 points below the Nebraska state average of 65 across 120 FDIC-insured banks. Its 12.06% Tier 1 capital ratio is 1.9 points below the US banking industry average near 14%. The 6.45% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.63% is in line with or above the national ROA benchmark of ~1.1%. Among 1285 similarly-sized banks, the average Health Score is 68, meaning this bank ranks below its size cohort. Site-wide, First Central Bank is 24 points below the portfolio average of 70.
Frequently Asked Questions
First Central Bank has a Bank Health Score of D (46/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 12.06%, 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. First Central Bank's Tier 1 capital ratio of 12.06% and nonperforming loan ratio of 6.45% indicate an elevated 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 First Central Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #10637). 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.
First Central Bank holds $132M in total assets and $113M in total deposits. It is headquartered in Cambridge, Nebraska (FDIC Certificate #10637).
First Central Bank has a Tier 1 capital ratio of 12.06%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 6.45%, and the return on assets is 2.63%.
Yes. First Central Bank is FDIC-insured (Certificate #10637). 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 D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Central Bank shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.