FIRST STATE BANK MINNESOTA
LE ROY, MINNESOTA · FDIC Cert #10162
Capital & Safety Analysis
According to FDIC financial data, FIRST STATE BANK MINNESOTA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST STATE BANK MINNESOTA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
FIRST STATE BANK MINNESOTA shows some financial weakness with a Health Score of 44/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
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 STATE BANK MINNESOTA has a Bank Health Score of D (44/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
FIRST STATE BANK MINNESOTA holds $94M in total assets and $82M in total deposits. It is located in LE ROY, MINNESOTA (FDIC Certificate #10162).
FIRST STATE BANK MINNESOTA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.99%, and the return on assets is 1.39%.
Yes. FIRST STATE BANK MINNESOTA is FDIC-insured (Certificate #10162). 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.