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BankHealth

FIRST NB OF BAGLEY

BAGLEY, MINNESOTA · FDIC Cert #5087

A
Health Score
85/100
$111M
Total Assets
$104M
Total Deposits
13.01%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST NB OF BAGLEY holds a Tier 1 capital ratio of 13.01%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST NB OF BAGLEY has a strong buffer to absorb potential losses.

Key Financial Metrics

0.71%
Nonperforming Loans
Low — healthy loan portfolio
31.98%
Liquidity Ratio
Strong — can meet withdrawal demands
0.69%
Return on Assets
Low profitability
$104M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST NB OF BAGLEY shows strong financial health indicators. With $111M in assets and a Health Score of 85/100, 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 NB OF BAGLEY has a Bank Health Score of A (85/100). It holds a Tier 1 capital ratio of 13.01%, 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 NB OF BAGLEY holds $111M in total assets and $104M in total deposits. It is located in BAGLEY, MINNESOTA (FDIC Certificate #5087).

FIRST NB OF BAGLEY has a Tier 1 capital ratio of 13.01%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.71%, and the return on assets is 0.69%.

Yes. FIRST NB OF BAGLEY is FDIC-insured (Certificate #5087). 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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