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BankHealth

FIRST SECURITY BANK WEST

BEULAH, NORTH DAKOTA · FDIC Cert #10253

A
Health Score
100/100
$68M
Total Assets
$62M
Total Deposits
28.66%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST SECURITY BANK WEST holds a Tier 1 capital ratio of 28.66%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST SECURITY BANK WEST has a strong buffer to absorb potential losses.

Key Financial Metrics

0.03%
Nonperforming Loans
Low — healthy loan portfolio
59.58%
Liquidity Ratio
Strong — can meet withdrawal demands
2.15%
Return on Assets
Profitable — earning well on assets
$62M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST SECURITY BANK WEST shows strong financial health indicators. With $68M in assets and a Health Score of 100/100, 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 SECURITY BANK WEST has a Bank Health Score of A (100/100). It holds a Tier 1 capital ratio of 28.66%, 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 SECURITY BANK WEST holds $68M in total assets and $62M in total deposits. It is located in BEULAH, NORTH DAKOTA (FDIC Certificate #10253).

FIRST SECURITY BANK WEST has a Tier 1 capital ratio of 28.66%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.03%, and the return on assets is 2.15%.

Yes. FIRST SECURITY BANK WEST is FDIC-insured (Certificate #10253). 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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