First Fs&La
Centerburg, Ohio · FDIC Cert #29005
This is the FDIC profile for First Fs&La, an FDIC-insured bank (Certificate #29005) with $24M in total assets and $18M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Centerburg, Ohio, the bank maintains a Tier 1 capital ratio of 21.12% (Well-Capitalized) and a nonperforming loan ratio of 3.96%. BankHealthData assigns a composite Health Grade of B (66/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Fs&La (FDIC cert 29005) is a community bank — $24M in total assets, $18M in deposits, serving the Centerburg, Ohio 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 21.12% 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 is elevated: non-performing loan ratio of 3.96% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is comfortable: 28.7% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is negative: ROA of -0.11% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. First Fs&La carries a composite BankHealth grade of B (66/100) 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 Fs&La
- Total Assets
- $24M
- Total Deposits
- $18M
- Tier 1 Capital Ratio
- 21.12%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.96%
- Liquidity Ratio
- 28.70%
- Return on Assets
- -0.11%
- Headquarters
- Centerburg, Ohio
- FDIC Certificate
- #29005
- Health Grade
- B (66/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First Fs&La files quarterly Call Reports with the FDIC under Certificate #29005. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track First Fs&La
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, First Fs&La holds a Tier 1 capital ratio of 21.12%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Fs&La has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Fs&La shows strong financial health indicators. With $24M in assets and a Health Score of 66/100, 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.
How First Fs&La Compares
First Fs&La’s Health Score of 66 is 14 points below the Ohio state average of 80 across 144 FDIC-insured banks. Its 21.12% Tier 1 capital ratio is 7.1 points above the US banking industry average near 14%. The 3.96% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -0.11% is below the national ROA benchmark of ~1.1%. Among 183 similarly-sized banks, the average Health Score is 86, meaning this bank ranks below its size cohort. Site-wide, First Fs&La is 14 points below the portfolio average of 80.
Frequently Asked Questions
First Fs&La has a Bank Health Score of B (66/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 21.12%, 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 Fs&La's Tier 1 capital ratio of 21.12% and nonperforming loan ratio of 3.96% indicate a low 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 Fs&La is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #29005). 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 Fs&La holds $24M in total assets and $18M in total deposits. It is headquartered in Centerburg, Ohio (FDIC Certificate #29005).
First Fs&La's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #29005 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
First Fs&La has a Tier 1 capital ratio of 21.12%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's 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 — 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Fs&La's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.