HURON STATE BANK
ROGERS CITY, MICHIGAN · FDIC Cert #23126
Capital & Safety Analysis
According to FDIC financial data, HURON STATE BANK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject HURON STATE BANK to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
HURON STATE BANK shows average financial health. While not alarming, its Health Score of 55/100 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.
Frequently Asked Questions
HURON STATE BANK has a Bank Health Score of C (55/100). 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.
HURON STATE BANK holds $83M in total assets and $73M in total deposits. It is located in ROGERS CITY, MICHIGAN (FDIC Certificate #23126).
HURON STATE BANK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 1.40%, and the return on assets is 1.60%.
Yes. HURON STATE BANK is FDIC-insured (Certificate #23126). 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.