Flagstar Bank National Assn
Hicksville, New York · FDIC Cert #32541
Flagstar Bank National Assn is an FDIC-insured bank (Certificate #32541) with $119.0B in total assets and $79.7B in total deposits as of the Q2 2024 Call Report. Headquartered in Hicksville, New York, the bank maintains a Tier 1 capital ratio of 10.84% (Well-Capitalized) and a nonperforming loan ratio of 3.05%. BankHealthData assigns a composite Health Grade of C (55/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Flagstar Bank National Assn (FDIC cert 32541) is a mega-bank: $119.0B in total assets, $79.7B in deposits, headquartered in Hicksville, New York. Banks at this scale account for the bulk of U.S. banking assets and operate under enhanced prudential standards from the Federal Reserve, OCC, and FDIC.
Capital position is adequate: Tier 1 capital ratio of 10.84% 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 elevated: non-performing loan ratio of 3.05% 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 in the normal range: 24.8% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -1.30% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Flagstar Bank National Assn carries a composite BankHealth grade of C (55/100) 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: Flagstar Bank National Assn
- Total Assets
- $119.0B
- Total Deposits
- $79.7B
- Tier 1 Capital Ratio
- 10.84%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.05%
- Liquidity Ratio
- 24.82%
- Return on Assets
- -1.30%
- Headquarters
- Hicksville, New York
- FDIC Certificate
- #32541
- Health Grade
- C (55/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Flagstar Bank National Assn holds a Tier 1 capital ratio of 10.84%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Flagstar Bank National Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Flagstar Bank National Assn 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.
How Flagstar Bank National Assn Compares
Flagstar Bank National Assn’s Health Score of 55 is 16 points below the New York state average of 71 across 130 FDIC-insured banks. Its 10.84% Tier 1 capital ratio is 3.2 points below the US banking industry average near 14%. The 3.05% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -1.30% is below the national ROA benchmark of ~1.1%. Among 25 similarly-sized banks, the average Health Score is 81, meaning this bank ranks below its size cohort. Site-wide, Flagstar Bank National Assn is 15 points below the portfolio average of 70.
Frequently Asked Questions
Flagstar Bank National Assn has a Bank Health Score of C (55/100), placing it in average financial health. It holds a Tier 1 capital ratio of 10.84%, 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. Flagstar Bank National Assn's Tier 1 capital ratio of 10.84% and nonperforming loan ratio of 3.05% indicate an average 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 Flagstar Bank National Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #32541). 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.
Flagstar Bank National Assn holds $119.0B in total assets and $79.7B in total deposits. It is headquartered in Hicksville, New York (FDIC Certificate #32541).
Flagstar Bank National Assn has a Tier 1 capital ratio of 10.84%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 3.05%, and the return on assets is -1.30%.
Yes. Flagstar Bank National Assn is FDIC-insured (Certificate #32541). 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 C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Flagstar Bank National Assn's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.