First State Bank of Harvey
Harvey, North Dakota · FDIC Cert #8383
This is the FDIC profile for First State Bank of Harvey, an FDIC-insured bank (Certificate #8383) with $89M in total assets and $83M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Harvey, North Dakota, the bank maintains a Tier 1 capital ratio of 10.86% (Well-Capitalized) and a nonperforming loan ratio of 1.38%. BankHealthData assigns a composite Health Grade of B (75/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First State Bank of Harvey (FDIC cert 8383) is a community bank — $89M in total assets, $83M in deposits, serving the Harvey, 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 adequate: Tier 1 capital ratio of 10.86% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 1.38% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 57.5% 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 thin: ROA of 0.64% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. First State Bank of Harvey carries a composite BankHealth grade of B (75/100) 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 Harvey
- Total Assets
- $89M
- Total Deposits
- $83M
- Tier 1 Capital Ratio
- 10.86%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.38%
- Liquidity Ratio
- 57.46%
- Return on Assets
- 0.64%
- Headquarters
- Harvey, North Dakota
- FDIC Certificate
- #8383
- Health Grade
- B (75/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First State Bank of Harvey files quarterly Call Reports with the FDIC under Certificate #8383. 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.
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Capital & Safety Analysis
According to FDIC financial data, First State Bank of Harvey holds a Tier 1 capital ratio of 10.86%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First State Bank of Harvey has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First State Bank of Harvey shows strong financial health indicators. With $89M in assets and a Health Score of 75/100, 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 Harvey Compares
First State Bank of Harvey’s Health Score of 75 is 2 points below the North Dakota state average of 77 across 55 FDIC-insured banks. Its 10.86% Tier 1 capital ratio is 3.1 points below the US banking industry average near 14%. The 1.38% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.64% is below the national ROA benchmark of ~1.1%. Among 1003 similarly-sized banks, the average Health Score is 82, meaning this bank ranks below its size cohort. Site-wide, First State Bank of Harvey is 5 points below the portfolio average of 80.
Frequently Asked Questions
First State Bank of Harvey has a Bank Health Score of B (75/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 10.86%, 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 Harvey's Tier 1 capital ratio of 10.86% and nonperforming loan ratio of 1.38% 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 Harvey is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #8383). 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 Harvey holds $89M in total assets and $83M in total deposits. It is headquartered in Harvey, North Dakota (FDIC Certificate #8383).
First State Bank of Harvey's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #8383 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 Harvey has a Tier 1 capital ratio of 10.86%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.38%, and the return on assets is 0.64%.
Yes. First State Bank of Harvey is FDIC-insured (Certificate #8383). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. 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 Harvey'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.