First Sentinel Bank
Richlands, Virginia · FDIC Cert #31928
First Sentinel Bank is an FDIC-insured bank (Certificate #31928) with $389M in total assets and $346M in total deposits as of the Q2 2024 Call Report. Headquartered in Richlands, Virginia, the bank maintains a Tier 1 capital ratio of 11.42% (Well-Capitalized) and a nonperforming loan ratio of 0.11%. BankHealthData assigns a composite Health Grade of B (67/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Sentinel Bank (FDIC cert 31928) is a community bank — $389M in total assets, $346M in deposits, serving the Richlands, Virginia area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.42% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.11% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 11.9% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 0.86% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. First Sentinel Bank carries a composite BankHealth grade of B (67/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: First Sentinel Bank
- Total Assets
- $389M
- Total Deposits
- $346M
- Tier 1 Capital Ratio
- 11.42%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.11%
- Liquidity Ratio
- 11.87%
- Return on Assets
- 0.86%
- Headquarters
- Richlands, Virginia
- FDIC Certificate
- #31928
- Health Grade
- B (67/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Sentinel Bank holds a Tier 1 capital ratio of 11.42%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Sentinel Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Sentinel Bank shows strong financial health indicators. With $389M in assets and a Health Score of 67/100, 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.
How First Sentinel Bank Compares
First Sentinel Bank’s Health Score of 67 is 5 points below the Virginia state average of 72 across 49 FDIC-insured banks. Its 11.42% Tier 1 capital ratio is 2.6 points below the US banking industry average near 14%. The 0.11% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.86% is below the national ROA benchmark of ~1.1%. Among 1540 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, First Sentinel Bank is 3 points below the portfolio average of 70.
Frequently Asked Questions
First Sentinel Bank has a Bank Health Score of B (67/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.42%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. First Sentinel Bank's Tier 1 capital ratio of 11.42% and nonperforming loan ratio of 0.11% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at First Sentinel Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #31928). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
First Sentinel Bank holds $389M in total assets and $346M in total deposits. It is headquartered in Richlands, Virginia (FDIC Certificate #31928).
First Sentinel Bank has a Tier 1 capital ratio of 11.42%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.11%, and the return on assets is 0.86%.
Yes. First Sentinel Bank is FDIC-insured (Certificate #31928). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Sentinel Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.