First Fs&la of Ravenswood
Ravenswood, West Virginia · FDIC Cert #29490
This is the FDIC profile for First Fs&la of Ravenswood, an FDIC-insured bank (Certificate #29490) with $25M in total assets and $22M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Ravenswood, West Virginia, the bank maintains a Tier 1 capital ratio of 22.56% (Well-Capitalized) and a nonperforming loan ratio of 0.87%. BankHealthData assigns a composite Health Grade of B (72/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Fs&la of Ravenswood (FDIC cert 29490) is a community bank — $25M in total assets, $22M in deposits, serving the Ravenswood, West Virginia 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 22.56% 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 normal: non-performing loan ratio of 0.87% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 14.8% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is minimal: ROA of 0.00% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. First Fs&la of Ravenswood carries a composite BankHealth grade of B (72/100) 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 of Ravenswood
- Total Assets
- $25M
- Total Deposits
- $22M
- Tier 1 Capital Ratio
- 22.56%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.87%
- Liquidity Ratio
- 14.78%
- Return on Assets
- 0.00%
- Headquarters
- Ravenswood, West Virginia
- FDIC Certificate
- #29490
- Health Grade
- B (72/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First Fs&la of Ravenswood files quarterly Call Reports with the FDIC under Certificate #29490. 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.
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Capital & Safety Analysis
According to FDIC financial data, First Fs&la of Ravenswood holds a Tier 1 capital ratio of 22.56%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Fs&la of Ravenswood has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Fs&la of Ravenswood shows strong financial health indicators. With $25M in assets and a Health Score of 72/100, 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 of Ravenswood Compares
First Fs&la of Ravenswood’s Health Score of 72 is 7 points below the West Virginia state average of 79 across 43 FDIC-insured banks. Its 22.56% Tier 1 capital ratio is 8.6 points above the US banking industry average near 14%. The 0.87% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.00% is below the national ROA benchmark of ~1.1%. Among 190 similarly-sized banks, the average Health Score is 86, meaning this bank ranks below its size cohort. Site-wide, First Fs&la of Ravenswood is 8 points below the portfolio average of 80.
Frequently Asked Questions
First Fs&la of Ravenswood has a Bank Health Score of B (72/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 22.56%, 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 of Ravenswood's Tier 1 capital ratio of 22.56% and nonperforming loan ratio of 0.87% 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 of Ravenswood is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #29490). 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 of Ravenswood holds $25M in total assets and $22M in total deposits. It is headquartered in Ravenswood, West Virginia (FDIC Certificate #29490).
First Fs&la of Ravenswood's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #29490 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 of Ravenswood has a Tier 1 capital ratio of 22.56%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.87%, and the return on assets is 0.00%.
Yes. First Fs&la of Ravenswood is FDIC-insured (Certificate #29490). 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 of Ravenswood'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.