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BankHealth

FIRST SECURITY BK SLEEPY EYE

SLEEPY EYE, MINNESOTA · FDIC Cert #5252

A
Health Score
98/100
$179M
Total Assets
$156M
Total Deposits
34.10%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST SECURITY BK SLEEPY EYE holds a Tier 1 capital ratio of 34.10%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST SECURITY BK SLEEPY EYE has a strong buffer to absorb potential losses.

Key Financial Metrics

0.29%
Nonperforming Loans
Low — healthy loan portfolio
65.56%
Liquidity Ratio
Strong — can meet withdrawal demands
5.24%
Return on Assets
Profitable — earning well on assets
$156M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST SECURITY BK SLEEPY EYE shows strong financial health indicators. With $179M in assets and a Health Score of 98/100, 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 BK SLEEPY EYE has a Bank Health Score of A (98/100). It holds a Tier 1 capital ratio of 34.10%, 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 BK SLEEPY EYE holds $179M in total assets and $156M in total deposits. It is located in SLEEPY EYE, MINNESOTA (FDIC Certificate #5252).

FIRST SECURITY BK SLEEPY EYE has a Tier 1 capital ratio of 34.10%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.29%, and the return on assets is 5.24%.

Yes. FIRST SECURITY BK SLEEPY EYE is FDIC-insured (Certificate #5252). 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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