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BankHealth

FIRST SAVINGS&LOAN ASSN

MEBANE, NORTH CAROLINA · FDIC Cert #30358

A
Health Score
86/100
$58M
Total Assets
$44M
Total Deposits
53.61%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST SAVINGS&LOAN ASSN holds a Tier 1 capital ratio of 53.61%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST SAVINGS&LOAN ASSN has a strong buffer to absorb potential losses.

Key Financial Metrics

0.23%
Nonperforming Loans
Low — healthy loan portfolio
25.52%
Liquidity Ratio
Strong — can meet withdrawal demands
-0.07%
Return on Assets
Negative — losing money
$44M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST SAVINGS&LOAN ASSN shows strong financial health indicators. With $58M in assets and a Health Score of 86/100, 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 SAVINGS&LOAN ASSN has a Bank Health Score of A (86/100). It holds a Tier 1 capital ratio of 53.61%, 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 SAVINGS&LOAN ASSN holds $58M in total assets and $44M in total deposits. It is located in MEBANE, NORTH CAROLINA (FDIC Certificate #30358).

FIRST SAVINGS&LOAN ASSN has a Tier 1 capital ratio of 53.61%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.23%, and the return on assets is -0.07%.

Yes. FIRST SAVINGS&LOAN ASSN is FDIC-insured (Certificate #30358). 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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