Goldwater Bank N A
Phoenix, Arizona · FDIC Cert #58405
This is the FDIC profile for Goldwater Bank N A, an FDIC-insured bank (Certificate #58405) with $441M in total assets and $309M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Phoenix, Arizona, the bank maintains a Tier 1 capital ratio of 12.16% (Well-Capitalized) and a nonperforming loan ratio of 2.69%. BankHealthData assigns a composite Health Grade of D (47/100) based on quarterly FDIC filings. 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.
Capital position is strong: Tier 1 capital ratio of 12.16% 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 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 D (47/100) 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
- 12.16%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.69%
- Liquidity Ratio
- 4.44%
- Return on Assets
- 1.00%
- Headquarters
- Phoenix, Arizona
- FDIC Certificate
- #58405
- Health Grade
- D (47/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Goldwater Bank N A files quarterly Call Reports with the FDIC under Certificate #58405. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track Goldwater Bank N A
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, Goldwater Bank N A holds a Tier 1 capital ratio of 12.16%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Goldwater Bank N A has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Goldwater Bank N A shows some financial weakness with a Health Score of 47/100. 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 47 is 29 points below the Arizona state average of 76 across 14 FDIC-insured banks. Its 12.16% Tier 1 capital ratio is 1.8 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 1504 similarly-sized banks, the average Health Score is 80, meaning this bank ranks below its size cohort. Site-wide, Goldwater Bank N A is 33 points below the portfolio average of 80.
Frequently Asked Questions
Goldwater Bank N A has a Bank Health Score of D (47/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 12.16%, 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. Goldwater Bank N A's Tier 1 capital ratio of 12.16% 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's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #58405 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Goldwater Bank N A has a Tier 1 capital ratio of 12.16%, classifying it as "Well-Capitalized." 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 D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. 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.