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BankHealth

FIRST NB OF SCOTIA

SCOTIA, NEW YORK · FDIC Cert #11501

B
Health Score
71/100
$665M
Total Assets
$601M
Total Deposits
12.31%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST NB OF SCOTIA holds a Tier 1 capital ratio of 12.31%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST NB OF SCOTIA has a strong buffer to absorb potential losses.

Key Financial Metrics

1.44%
Nonperforming Loans
Moderate — some loan stress
20.51%
Liquidity Ratio
Strong — can meet withdrawal demands
0.99%
Return on Assets
Low profitability
$601M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST NB OF SCOTIA shows strong financial health indicators. With $665M in assets and a Health Score of 71/100, 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 SCOTIA has a Bank Health Score of B (71/100). It holds a Tier 1 capital ratio of 12.31%, 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 SCOTIA holds $665M in total assets and $601M in total deposits. It is located in SCOTIA, NEW YORK (FDIC Certificate #11501).

FIRST NB OF SCOTIA has a Tier 1 capital ratio of 12.31%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.44%, and the return on assets is 0.99%.

Yes. FIRST NB OF SCOTIA is FDIC-insured (Certificate #11501). 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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