FIRST FS&LA OF RAVENSWOOD
RAVENSWOOD, WEST VIRGINIA · FDIC Cert #29490
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.
Frequently Asked Questions
FIRST FS&LA OF RAVENSWOOD has a Bank Health Score of B (72/100). 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.
FIRST FS&LA OF RAVENSWOOD holds $25M in total assets and $22M in total deposits. It is located in RAVENSWOOD, WEST VIRGINIA (FDIC Certificate #29490).
FIRST FS&LA OF RAVENSWOOD has a Tier 1 capital ratio of 22.56%, classifying it as "Well-Capitalized." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.