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BankHealth

FIRST HOPE BK A NATL BK ASSN

HOPE, NEW JERSEY · FDIC Cert #6354

A
Health Score
86/100
$621M
Total Assets
$560M
Total Deposits
13.09%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST HOPE BK A NATL BK ASSN holds a Tier 1 capital ratio of 13.09%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST HOPE BK A NATL BK ASSN has a strong buffer to absorb potential losses.

Key Financial Metrics

0.11%
Nonperforming Loans
Low — healthy loan portfolio
28.57%
Liquidity Ratio
Strong — can meet withdrawal demands
0.34%
Return on Assets
Low profitability
$560M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST HOPE BK A NATL BK ASSN shows strong financial health indicators. With $621M in assets and a Health Score of 86/100, 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 HOPE BK A NATL BK ASSN has a Bank Health Score of A (86/100). It holds a Tier 1 capital ratio of 13.09%, 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 HOPE BK A NATL BK ASSN holds $621M in total assets and $560M in total deposits. It is located in HOPE, NEW JERSEY (FDIC Certificate #6354).

FIRST HOPE BK A NATL BK ASSN has a Tier 1 capital ratio of 13.09%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.11%, and the return on assets is 0.34%.

Yes. FIRST HOPE BK A NATL BK ASSN is FDIC-insured (Certificate #6354). 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.

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