First State Bank of Fountain
Fountain, Minnesota · FDIC Cert #9349
This is the FDIC profile for First State Bank of Fountain, an FDIC-insured bank (Certificate #9349) with $38M in total assets and $36M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Fountain, Minnesota, the bank maintains a Tier 1 capital ratio of 17.18% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (90/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First State Bank of Fountain (FDIC cert 9349) is a community bank — $38M in total assets, $36M in deposits, serving the Fountain, Minnesota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 17.18% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.00% 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 very high: 57.1% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is negative: ROA of -0.39% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. First State Bank of Fountain carries a composite BankHealth grade of A (90/100) 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 State Bank of Fountain
- Total Assets
- $38M
- Total Deposits
- $36M
- Tier 1 Capital Ratio
- 17.18%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 57.13%
- Return on Assets
- -0.39%
- Headquarters
- Fountain, Minnesota
- FDIC Certificate
- #9349
- Health Grade
- A (90/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First State Bank of Fountain files quarterly Call Reports with the FDIC under Certificate #9349. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track First State Bank of Fountain
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, First State Bank of Fountain holds a Tier 1 capital ratio of 17.18%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First State Bank of Fountain has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First State Bank of Fountain shows strong financial health indicators. With $38M in assets and a Health Score of 90/100, 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 State Bank of Fountain Compares
First State Bank of Fountain’s Health Score of 90 is 10 points above the Minnesota state average of 80 across 225 FDIC-insured banks. Its 17.18% Tier 1 capital ratio is 3.2 points above the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.39% is below the national ROA benchmark of ~1.1%. Among 370 similarly-sized banks, the average Health Score is 84, meaning this bank ranks above its size cohort. Site-wide, First State Bank of Fountain is 10 points above the portfolio average of 80.
Frequently Asked Questions
First State Bank of Fountain has a Bank Health Score of A (90/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 17.18%, 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 State Bank of Fountain's Tier 1 capital ratio of 17.18% and nonperforming loan ratio of 0.00% 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 State Bank of Fountain is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #9349). 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 State Bank of Fountain holds $38M in total assets and $36M in total deposits. It is headquartered in Fountain, Minnesota (FDIC Certificate #9349).
First State Bank of Fountain's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #9349 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
First State Bank of Fountain has a Tier 1 capital ratio of 17.18%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is -0.39%.
Yes. First State Bank of Fountain is FDIC-insured (Certificate #9349). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First State Bank of Fountain'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.