FIRST NB OF WAKEFIELD
WAKEFIELD, MICHIGAN · FDIC Cert #5076
Capital & Safety Analysis
According to FDIC financial data, FIRST NB OF WAKEFIELD holds a Tier 1 capital ratio of 22.93%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST NB OF WAKEFIELD has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST NB OF WAKEFIELD shows strong financial health indicators. With $54M in assets and a Health Score of 90/100, 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 WAKEFIELD has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 22.93%, 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 WAKEFIELD holds $54M in total assets and $50M in total deposits. It is located in WAKEFIELD, MICHIGAN (FDIC Certificate #5076).
FIRST NB OF WAKEFIELD has a Tier 1 capital ratio of 22.93%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.66%, and the return on assets is 0.57%.
Yes. FIRST NB OF WAKEFIELD is FDIC-insured (Certificate #5076). 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.