Goldwater Bank N A
Phoenix, Arizona · FDIC Cert #58405
Goldwater Bank N A is an FDIC-insured bank (Certificate #58405) with $441M in total assets and $309M in total deposits as of the Q2 2024 Call Report. Headquartered in Phoenix, Arizona, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 2.69%. BankHealthData assigns a composite Health Grade of F (20/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Goldwater Bank N A (FDIC cert 58405) is a community bank — $441M in total assets, $309M in deposits, serving the Phoenix, Arizona area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is elevated: non-performing loan ratio of 2.69% 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 thin: 4.4% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 1.00% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. 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. Goldwater Bank N A carries a composite BankHealth grade of F (20/100) 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: Goldwater Bank N A
- Total Assets
- $441M
- Total Deposits
- $309M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 2.69%
- Liquidity Ratio
- 4.44%
- Return on Assets
- 1.00%
- Headquarters
- Phoenix, Arizona
- FDIC Certificate
- #58405
- Health Grade
- F (20/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Goldwater Bank N A holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Goldwater Bank N A to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Goldwater Bank N A shows some financial weakness with a Health Score of 20/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
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 Goldwater Bank N A Compares
Goldwater Bank N A’s Health Score of 20 is 40 points below the Arizona state average of 60 across 14 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 2.69% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 1.00% is below the national ROA benchmark of ~1.1%. Among 1503 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Goldwater Bank N A is 50 points below the portfolio average of 70.
Frequently Asked Questions
Goldwater Bank N A has a Bank Health Score of F (20/100), placing it in weak financial health. It holds a Tier 1 capital ratio of 0.00%, which is below 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. Goldwater Bank N A's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 2.69% indicate an elevated 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 Goldwater Bank N A is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #58405). 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.
Goldwater Bank N A holds $441M in total assets and $309M in total deposits. It is headquartered in Phoenix, Arizona (FDIC Certificate #58405).
Goldwater Bank N A has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.69%, and the return on assets is 1.00%.
Yes. Goldwater Bank N A is FDIC-insured (Certificate #58405). 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 F grade on our Bank Health Score means below 40/100 — significant weakness on multiple metrics; depositors above the FDIC limit should be especially vigilant. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Goldwater Bank N A shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.