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BankHealth

FIRST STATE BANK OF BIGFORK

BIGFORK, MINNESOTA · FDIC Cert #10991

F
Health Score
20/100
$104M
Total Assets
$89M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, FIRST STATE BANK OF BIGFORK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject FIRST STATE BANK OF BIGFORK to additional regulatory scrutiny.

Key Financial Metrics

4.82%
Nonperforming Loans
High — significant loan problems
18.14%
Liquidity Ratio
Adequate liquidity
0.99%
Return on Assets
Low profitability
$89M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST STATE BANK OF BIGFORK shows some financial weakness with a Health Score of 20/100. 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 OF BIGFORK has a Bank Health Score of F (20/100). 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 OF BIGFORK holds $104M in total assets and $89M in total deposits. It is located in BIGFORK, MINNESOTA (FDIC Certificate #10991).

FIRST STATE BANK OF BIGFORK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 4.82%, and the return on assets is 0.99%.

Yes. FIRST STATE BANK OF BIGFORK is FDIC-insured (Certificate #10991). 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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