Fortis Bank
Denver, Colorado · FDIC Cert #34401
Fortis Bank is an FDIC-insured bank (Certificate #34401) with $1.2B in total assets and $1.0B in total deposits as of the Q2 2024 Call Report. Headquartered in Denver, Colorado, the bank maintains a Tier 1 capital ratio of 12.51% (Well-Capitalized) and a nonperforming loan ratio of 0.45%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Fortis Bank (FDIC cert 34401) is a mid-sized bank with $1.2B in total assets and $1.0B in deposits, based in Denver, Colorado. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 12.51% 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 0.45% 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 in the normal range: 19.2% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -0.24% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Fortis Bank carries a composite BankHealth grade of B (71/100) 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: Fortis Bank
- Total Assets
- $1.2B
- Total Deposits
- $1.0B
- Tier 1 Capital Ratio
- 12.51%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.45%
- Liquidity Ratio
- 19.17%
- Return on Assets
- -0.24%
- Headquarters
- Denver, Colorado
- FDIC Certificate
- #34401
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Fortis Bank holds a Tier 1 capital ratio of 12.51%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Fortis Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Fortis Bank shows strong financial health indicators. With $1.2B in assets and a Health Score of 71/100, 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 Fortis Bank Compares
Fortis Bank’s Health Score of 71 is 0 points above the Colorado state average of 71 across 62 FDIC-insured banks. Its 12.51% Tier 1 capital ratio is 1.5 points below the US banking industry average near 14%. The 0.45% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.24% is below the national ROA benchmark of ~1.1%. Among 881 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, Fortis Bank is 1 points above the portfolio average of 70.
Frequently Asked Questions
Fortis Bank has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.51%, 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. Fortis Bank's Tier 1 capital ratio of 12.51% and nonperforming loan ratio of 0.45% 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 Fortis Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #34401). 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.
Fortis Bank holds $1.2B in total assets and $1.0B in total deposits. It is headquartered in Denver, Colorado (FDIC Certificate #34401).
Fortis Bank has a Tier 1 capital ratio of 12.51%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.45%, and the return on assets is -0.24%.
Yes. Fortis Bank is FDIC-insured (Certificate #34401). 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%).
Fortis Bank'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.