FIRST FS&LA OF VAN WERT
VAN WERT, OHIO · FDIC Cert #29135
Capital & Safety Analysis
According to FDIC financial data, FIRST FS&LA OF VAN WERT holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST FS&LA OF VAN WERT to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FIRST FS&LA OF VAN WERT shows average financial health. While not alarming, its Health Score of 53/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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 VAN WERT has a Bank Health Score of C (53/100). 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 OF VAN WERT holds $169M in total assets and $138M in total deposits. It is located in VAN WERT, OHIO (FDIC Certificate #29135).
FIRST FS&LA OF VAN WERT has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.21%, and the return on assets is 0.26%.
Yes. FIRST FS&LA OF VAN WERT is FDIC-insured (Certificate #29135). 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.