Flora Bank&Trust
Flora, Illinois · FDIC Cert #22598
Flora Bank&Trust is an FDIC-insured bank (Certificate #22598) with $116M in total assets and $109M in total deposits as of the Q2 2024 Call Report. Headquartered in Flora, Illinois, the bank maintains a Tier 1 capital ratio of 14.99% (Well-Capitalized) and a nonperforming loan ratio of 0.14%. BankHealthData assigns a composite Health Grade of A (91/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Flora Bank&Trust (FDIC cert 22598) is a community bank — $116M in total assets, $109M in deposits, serving the Flora, Illinois 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 14.99% 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 0.14% 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: 43.1% 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 minimal: ROA of 0.04% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Flora Bank&Trust carries a composite BankHealth grade of A (91/100) 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: Flora Bank&Trust
- Total Assets
- $116M
- Total Deposits
- $109M
- Tier 1 Capital Ratio
- 14.99%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.14%
- Liquidity Ratio
- 43.12%
- Return on Assets
- 0.04%
- Headquarters
- Flora, Illinois
- FDIC Certificate
- #22598
- Health Grade
- A (91/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Flora Bank&Trust holds a Tier 1 capital ratio of 14.99%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Flora Bank&Trust has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Flora Bank&Trust shows strong financial health indicators. With $116M in assets and a Health Score of 91/100, 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 Flora Bank&Trust Compares
Flora Bank&Trust’s Health Score of 91 is 19 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 14.99% Tier 1 capital ratio is 1.0 points above the US banking industry average near 14%. The 0.14% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.04% is below the national ROA benchmark of ~1.1%. Among 1183 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Flora Bank&Trust is 21 points above the portfolio average of 70.
Frequently Asked Questions
Flora Bank&Trust has a Bank Health Score of A (91/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 14.99%, 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. Flora Bank&Trust's Tier 1 capital ratio of 14.99% and nonperforming loan ratio of 0.14% 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 Flora Bank&Trust is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #22598). 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.
Flora Bank&Trust holds $116M in total assets and $109M in total deposits. It is headquartered in Flora, Illinois (FDIC Certificate #22598).
Flora Bank&Trust has a Tier 1 capital ratio of 14.99%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.14%, and the return on assets is 0.04%.
Yes. Flora Bank&Trust is FDIC-insured (Certificate #22598). 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%).
Flora Bank&Trust'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.