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BankHealth

FIRST NB OF LONG ISLAND

GLEN HEAD, NEW YORK · FDIC Cert #7072

D
Health Score
46/100
$4.2B
Total Assets
$3.4B
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, FIRST NB OF LONG ISLAND holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST NB OF LONG ISLAND to additional regulatory scrutiny.

Key Financial Metrics

0.07%
Nonperforming Loans
Low — healthy loan portfolio
17.23%
Liquidity Ratio
Adequate liquidity
0.50%
Return on Assets
Low profitability
$3.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST NB OF LONG ISLAND shows some financial weakness with a Health Score of 46/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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 LONG ISLAND has a Bank Health Score of D (46/100). It holds a Tier 1 capital ratio of 0.00%, which is below 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 LONG ISLAND holds $4.2B in total assets and $3.4B in total deposits. It is located in GLEN HEAD, NEW YORK (FDIC Certificate #7072).

FIRST NB OF LONG ISLAND has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.07%, and the return on assets is 0.50%.

Yes. FIRST NB OF LONG ISLAND is FDIC-insured (Certificate #7072). 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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