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First Nb of le Center

Lonsdale, Minnesota · FDIC Cert #5180

This is the FDIC profile for First Nb of le Center, an FDIC-insured bank (Certificate #5180) with $155M in total assets and $133M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Lonsdale, Minnesota, the bank maintains a Tier 1 capital ratio of 9.74% (Well-Capitalized) and a nonperforming loan ratio of 2.53%. BankHealthData assigns a composite Health Grade of C (58/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.

First Nb of le Center (FDIC cert 5180) is a community bank — $155M in total assets, $133M in deposits, serving the Lonsdale, Minnesota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.

Capital position is adequate: Tier 1 capital ratio of 9.74% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is elevated: non-performing loan ratio of 2.53% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 22.1% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.

Profitability is thin: ROA of 0.75% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. First Nb of le Center carries a composite BankHealth grade of C (58/100) 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.

Reviewed by BankHealthData Editorial Team · Updated
C
Health Score
58/100

Key Facts: First Nb of le Center

Total Assets
$155M
Total Deposits
$133M
Tier 1 Capital Ratio
9.74%
Capital Status
Well-Capitalized
Nonperforming Loans
2.53%
Liquidity Ratio
22.12%
Return on Assets
0.75%
Headquarters
Lonsdale, Minnesota
FDIC Certificate
#5180
Health Grade
C (58/100)
Latest Call Report
Q2 2024

FDIC Filings & Call Report Data

First Nb of le Center files quarterly Call Reports with the FDIC under Certificate #5180. 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

Regulatory Status:Well-Capitalized

According to FDIC financial data, First Nb of le Center holds a Tier 1 capital ratio of 9.74%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Nb of le Center has a strong buffer to absorb potential losses.

Key Financial Metrics

2.53%
Nonperforming Loans
Moderate, some loan stress
22.12%
Liquidity Ratio
Strong, can meet withdrawal demands
0.75%
Return on Assets
Low profitability
$133M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

First Nb of le Center shows average financial health. While not alarming, its Health Score of 58/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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 le Center Compares

First Nb of le Center’s Health Score of 58 is 22 points below the Minnesota state average of 80 across 225 FDIC-insured banks. Its 9.74% Tier 1 capital ratio is 4.3 points below the US banking industry average near 14%. The 2.53% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.75% is below the national ROA benchmark of ~1.1%. Among 1396 similarly-sized banks, the average Health Score is 81, meaning this bank ranks below its size cohort. Site-wide, First Nb of le Center is 22 points below the portfolio average of 80.

Frequently Asked Questions

First Nb of le Center has a Bank Health Score of C (58/100), placing it in average financial health. It holds a Tier 1 capital ratio of 9.74%, 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 le Center's Tier 1 capital ratio of 9.74% and nonperforming loan ratio of 2.53% indicate an average 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 le Center is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #5180). 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 le Center holds $155M in total assets and $133M in total deposits. It is headquartered in Lonsdale, Minnesota (FDIC Certificate #5180).

First Nb of le Center's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #5180 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 le Center has a Tier 1 capital ratio of 9.74%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.53%, and the return on assets is 0.75%.

Yes. First Nb of le Center is FDIC-insured (Certificate #5180). 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 C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).

First Nb of le Center's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.

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