FIRST STATE BANK OF RED WING
RED WING, MINNESOTA · FDIC Cert #8191
Capital & Safety Analysis
According to FDIC financial data, FIRST STATE BANK OF RED WING holds a Tier 1 capital ratio of 20.17%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST STATE BANK OF RED WING has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST STATE BANK OF RED WING shows strong financial health indicators. With $80M 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.
Frequently Asked Questions
FIRST STATE BANK OF RED WING has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 20.17%, 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 RED WING holds $80M in total assets and $76M in total deposits. It is located in RED WING, MINNESOTA (FDIC Certificate #8191).
FIRST STATE BANK OF RED WING has a Tier 1 capital ratio of 20.17%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.20%, and the return on assets is -0.16%.
Yes. FIRST STATE BANK OF RED WING is FDIC-insured (Certificate #8191). 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.