First State Bank of Golva
Golva, North Dakota · FDIC Cert #10243
First State Bank of Golva is an FDIC-insured bank (Certificate #10243) with $110M in total assets and $105M in total deposits as of the Q2 2024 Call Report. Headquartered in Golva, North Dakota, the bank maintains a Tier 1 capital ratio of 16.65% (Well-Capitalized) and a nonperforming loan ratio of 2.69%. BankHealthData assigns a composite Health Grade of A (84/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First State Bank of Golva (FDIC cert 10243) is a community bank — $110M in total assets, $105M in deposits, serving the Golva, North Dakota 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 16.65% 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 elevated: non-performing loan ratio of 2.69% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 47.0% 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 strong: return on assets of 2.84% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. First State Bank of Golva carries a composite BankHealth grade of A (84/100) 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 Golva
- Total Assets
- $110M
- Total Deposits
- $105M
- Tier 1 Capital Ratio
- 16.65%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.69%
- Liquidity Ratio
- 46.99%
- Return on Assets
- 2.84%
- Headquarters
- Golva, North Dakota
- FDIC Certificate
- #10243
- Health Grade
- A (84/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First State Bank of Golva holds a Tier 1 capital ratio of 16.65%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First State Bank of Golva has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First State Bank of Golva shows strong financial health indicators. With $110M in assets and a Health Score of 84/100, 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 Golva Compares
First State Bank of Golva’s Health Score of 84 is 16 points above the North Dakota state average of 68 across 55 FDIC-insured banks. Its 16.65% Tier 1 capital ratio is 2.7 points above the US banking industry average near 14%. The 2.69% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.84% is in line with or above the national ROA benchmark of ~1.1%. Among 1158 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, First State Bank of Golva is 14 points above the portfolio average of 70.
Frequently Asked Questions
First State Bank of Golva has a Bank Health Score of A (84/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.65%, 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 Golva's Tier 1 capital ratio of 16.65% and nonperforming loan ratio of 2.69% 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 Golva is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #10243). 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 Golva holds $110M in total assets and $105M in total deposits. It is headquartered in Golva, North Dakota (FDIC Certificate #10243).
First State Bank of Golva has a Tier 1 capital ratio of 16.65%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.69%, and the return on assets is 2.84%.
Yes. First State Bank of Golva is FDIC-insured (Certificate #10243). 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 Golva'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.