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BankHealth

FIRST STATE BANK OF FORREST

FORREST, ILLINOIS · FDIC Cert #11669

C
Health Score
55/100
$298M
Total Assets
$249M
Total Deposits
11.22%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST STATE BANK OF FORREST holds a Tier 1 capital ratio of 11.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST STATE BANK OF FORREST has a strong buffer to absorb potential losses.

Key Financial Metrics

1.77%
Nonperforming Loans
Moderate — some loan stress
11.83%
Liquidity Ratio
Adequate liquidity
0.52%
Return on Assets
Low profitability
$249M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST STATE BANK OF FORREST shows average financial health. While not alarming, its Health Score of 55/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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 FORREST has a Bank Health Score of C (55/100). It holds a Tier 1 capital ratio of 11.22%, 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 STATE BANK OF FORREST holds $298M in total assets and $249M in total deposits. It is located in FORREST, ILLINOIS (FDIC Certificate #11669).

FIRST STATE BANK OF FORREST has a Tier 1 capital ratio of 11.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.77%, and the return on assets is 0.52%.

Yes. FIRST STATE BANK OF FORREST is FDIC-insured (Certificate #11669). 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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