Harwood State Bank
Harwood, North Dakota · FDIC Cert #9128
Harwood State Bank is an FDIC-insured bank (Certificate #9128) with $46M in total assets and $38M in total deposits as of the Q2 2024 Call Report. Headquartered in Harwood, North Dakota, the bank maintains a Tier 1 capital ratio of 12.13% (Well-Capitalized) and a nonperforming loan ratio of 3.35%. BankHealthData assigns a composite Health Grade of C (53/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Harwood State Bank (FDIC cert 9128) is a community bank — $46M in total assets, $38M in deposits, serving the Harwood, North Dakota 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 12.13% 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 3.35% 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: 13.3% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 1.40% 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 declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Harwood State Bank carries a composite BankHealth grade of C (53/100) 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: Harwood State Bank
- Total Assets
- $46M
- Total Deposits
- $38M
- Tier 1 Capital Ratio
- 12.13%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.35%
- Liquidity Ratio
- 13.30%
- Return on Assets
- 1.40%
- Headquarters
- Harwood, North Dakota
- FDIC Certificate
- #9128
- Health Grade
- C (53/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Harwood State Bank holds a Tier 1 capital ratio of 12.13%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Harwood State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Harwood State Bank shows average financial health. While not alarming, its Health Score of 53/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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 Harwood State Bank Compares
Harwood State Bank’s Health Score of 53 is 15 points below the North Dakota state average of 68 across 55 FDIC-insured banks. Its 12.13% Tier 1 capital ratio is 1.9 points below the US banking industry average near 14%. The 3.35% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 1.40% is in line with or above the national ROA benchmark of ~1.1%. Among 493 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Harwood State Bank is 17 points below the portfolio average of 70.
Frequently Asked Questions
Harwood State Bank has a Bank Health Score of C (53/100), placing it in average financial health. It holds a Tier 1 capital ratio of 12.13%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Harwood State Bank's Tier 1 capital ratio of 12.13% and nonperforming loan ratio of 3.35% indicate an average 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 Harwood State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #9128). 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.
Harwood State Bank holds $46M in total assets and $38M in total deposits. It is headquartered in Harwood, North Dakota (FDIC Certificate #9128).
Harwood State Bank has a Tier 1 capital ratio of 12.13%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 3.35%, and the return on assets is 1.40%.
Yes. Harwood State Bank is FDIC-insured (Certificate #9128). 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 C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Harwood State Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.