First Nb of Groton
Groton, New York · FDIC Cert #7085
This is the FDIC profile for First Nb of Groton, an FDIC-insured bank (Certificate #7085) with $197M in total assets and $170M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Groton, New York, the bank maintains a Tier 1 capital ratio of 14.75% (Well-Capitalized) and a nonperforming loan ratio of 1.97%. BankHealthData assigns a composite Health Grade of A (83/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Nb of Groton (FDIC cert 7085) is a community bank — $197M in total assets, $170M in deposits, serving the Groton, New York area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 14.75% 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 1.97% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 48.7% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is solid: ROA of 0.91% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. First Nb of Groton carries a composite BankHealth grade of A (83/100) 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 Groton
- Total Assets
- $197M
- Total Deposits
- $170M
- Tier 1 Capital Ratio
- 14.75%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.97%
- Liquidity Ratio
- 48.68%
- Return on Assets
- 0.91%
- Headquarters
- Groton, New York
- FDIC Certificate
- #7085
- Health Grade
- A (83/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First Nb of Groton files quarterly Call Reports with the FDIC under Certificate #7085. 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 Groton holds a Tier 1 capital ratio of 14.75%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Nb of Groton has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Nb of Groton shows strong financial health indicators. With $197M in assets and a Health Score of 83/100, 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 Groton Compares
First Nb of Groton’s Health Score of 83 is 3 points above the New York state average of 80 across 130 FDIC-insured banks. Its 14.75% Tier 1 capital ratio is 0.7 points above the US banking industry average near 14%. The 1.97% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.91% is below the national ROA benchmark of ~1.1%. Among 1523 similarly-sized banks, the average Health Score is 81, meaning this bank ranks above its size cohort. Site-wide, First Nb of Groton is 3 points above the portfolio average of 80.
Frequently Asked Questions
First Nb of Groton has a Bank Health Score of A (83/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 14.75%, 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 Groton's Tier 1 capital ratio of 14.75% and nonperforming loan ratio of 1.97% 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 Groton is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #7085). 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 Groton holds $197M in total assets and $170M in total deposits. It is headquartered in Groton, New York (FDIC Certificate #7085).
First Nb of Groton's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #7085 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 Groton has a Tier 1 capital ratio of 14.75%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.97%, and the return on assets is 0.91%.
Yes. First Nb of Groton is FDIC-insured (Certificate #7085). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Nb of Groton'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.