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BankHealth

GLENS FALLS NB&T CO

GLENS FALLS, NEW YORK · FDIC Cert #7074

B
Health Score
74/100
$3.3B
Total Assets
$2.9B
Total Deposits
13.13%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, GLENS FALLS NB&T CO holds a Tier 1 capital ratio of 13.13%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning GLENS FALLS NB&T CO has a strong buffer to absorb potential losses.

Key Financial Metrics

0.81%
Nonperforming Loans
Low — healthy loan portfolio
17.92%
Liquidity Ratio
Adequate liquidity
0.93%
Return on Assets
Low profitability
$2.9B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

GLENS FALLS NB&T CO shows strong financial health indicators. With $3.3B in assets and a Health Score of 74/100, 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

GLENS FALLS NB&T CO has a Bank Health Score of B (74/100). It holds a Tier 1 capital ratio of 13.13%, 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.

GLENS FALLS NB&T CO holds $3.3B in total assets and $2.9B in total deposits. It is located in GLENS FALLS, NEW YORK (FDIC Certificate #7074).

GLENS FALLS NB&T CO has a Tier 1 capital ratio of 13.13%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.81%, and the return on assets is 0.93%.

Yes. GLENS FALLS NB&T CO is FDIC-insured (Certificate #7074). 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.

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