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BankHealth

FIRST NB OF GILLETTE

GILLETTE, WYOMING · FDIC Cert #18880

A
Health Score
96/100
$572M
Total Assets
$516M
Total Deposits
35.22%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST NB OF GILLETTE holds a Tier 1 capital ratio of 35.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST NB OF GILLETTE has a strong buffer to absorb potential losses.

Key Financial Metrics

0.04%
Nonperforming Loans
Low — healthy loan portfolio
74.02%
Liquidity Ratio
Strong — can meet withdrawal demands
0.98%
Return on Assets
Low profitability
$516M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST NB OF GILLETTE shows strong financial health indicators. With $572M in assets and a Health Score of 96/100, 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 GILLETTE has a Bank Health Score of A (96/100). It holds a Tier 1 capital ratio of 35.22%, 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 GILLETTE holds $572M in total assets and $516M in total deposits. It is located in GILLETTE, WYOMING (FDIC Certificate #18880).

FIRST NB OF GILLETTE has a Tier 1 capital ratio of 35.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 0.98%.

Yes. FIRST NB OF GILLETTE is FDIC-insured (Certificate #18880). 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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