FIRST FS&LA OF LAKEWOOD
LAKEWOOD, OHIO · FDIC Cert #29488
Capital & Safety Analysis
According to FDIC financial data, FIRST FS&LA OF LAKEWOOD holds a Tier 1 capital ratio of 11.88%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST FS&LA OF LAKEWOOD has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST FS&LA OF LAKEWOOD shows strong financial health indicators. With $2.9B in assets and a Health Score of 65/100, 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.
Frequently Asked Questions
FIRST FS&LA OF LAKEWOOD has a Bank Health Score of B (65/100). It holds a Tier 1 capital ratio of 11.88%, 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.
FIRST FS&LA OF LAKEWOOD holds $2.9B in total assets and $2.1B in total deposits. It is located in LAKEWOOD, OHIO (FDIC Certificate #29488).
FIRST FS&LA OF LAKEWOOD has a Tier 1 capital ratio of 11.88%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.25%, and the return on assets is 0.38%.
Yes. FIRST FS&LA OF LAKEWOOD is FDIC-insured (Certificate #29488). 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.