FIRST FS&LA
CENTERBURG, OHIO · FDIC Cert #29005
Capital & Safety Analysis
According to FDIC financial data, FIRST FS&LA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST FS&LA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FIRST FS&LA shows some financial weakness with a Health Score of 31/100. 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
FIRST FS&LA has a Bank Health Score of F (31/100). 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 FS&LA holds $24M in total assets and $18M in total deposits. It is located in CENTERBURG, OHIO (FDIC Certificate #29005).
FIRST FS&LA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 3.96%, and the return on assets is -0.11%.
Yes. FIRST FS&LA is FDIC-insured (Certificate #29005). 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.