First Nb of America
East Lansing, Michigan · FDIC Cert #17438
This is the FDIC profile for First Nb of America, an FDIC-insured bank (Certificate #17438) with $6.0B in total assets and $3.5B in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in East Lansing, Michigan, the bank maintains a Tier 1 capital ratio of 16.76% (Well-Capitalized) and a nonperforming loan ratio of 1.32%. BankHealthData assigns a composite Health Grade of B (68/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Nb of America (FDIC cert 17438) is a mid-sized bank with $6.0B in total assets and $3.5B in deposits, based in East Lansing, Michigan. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 16.76% 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 1.32% 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: 5.8% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 3.67% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. First Nb of America carries a composite BankHealth grade of B (68/100) 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 Nb of America
- Total Assets
- $6.0B
- Total Deposits
- $3.5B
- Tier 1 Capital Ratio
- 16.76%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.32%
- Liquidity Ratio
- 5.83%
- Return on Assets
- 3.67%
- Headquarters
- East Lansing, Michigan
- FDIC Certificate
- #17438
- Health Grade
- B (68/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First Nb of America files quarterly Call Reports with the FDIC under Certificate #17438. 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 Nb of America holds a Tier 1 capital ratio of 16.76%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Nb of America has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Nb of America shows strong financial health indicators. With $6.0B in assets and a Health Score of 68/100, 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 Nb of America Compares
First Nb of America’s Health Score of 68 is 14 points below the Michigan state average of 82 across 69 FDIC-insured banks. Its 16.76% Tier 1 capital ratio is 2.8 points above the US banking industry average near 14%. The 1.32% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 3.67% is in line with or above the national ROA benchmark of ~1.1%. Among 240 similarly-sized banks, the average Health Score is 77, meaning this bank ranks below its size cohort. Site-wide, First Nb of America is 12 points below the portfolio average of 80.
Frequently Asked Questions
First Nb of America has a Bank Health Score of B (68/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 16.76%, 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 Nb of America's Tier 1 capital ratio of 16.76% and nonperforming loan ratio of 1.32% 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 Nb of America is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #17438). 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 Nb of America holds $6.0B in total assets and $3.5B in total deposits. It is headquartered in East Lansing, Michigan (FDIC Certificate #17438).
First Nb of America's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #17438 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 Nb of America has a Tier 1 capital ratio of 16.76%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.32%, and the return on assets is 3.67%.
Yes. First Nb of America is FDIC-insured (Certificate #17438). 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 Nb of America'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.