Industrial Bank of Korea
New York, New York · FDIC Cert #33649
This is the FDIC profile for Industrial Bank of Korea, an FDIC-insured bank (Certificate #33649) with $372M in total assets and $5M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in New York, New York, the bank maintains a Tier 1 capital ratio of Not reported (Not reported) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of C (52/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Industrial Bank of Korea (FDIC cert 33649) is a community bank — $372M in total assets, $5M in deposits, serving the New York, New York 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 clean: non-performing loan ratio of 0.00% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 6.6% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is minimal: ROA of 0.00% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. 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. Industrial Bank of Korea carries a composite BankHealth grade of C (52/100) 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: Industrial Bank of Korea
- Total Assets
- $372M
- Total Deposits
- $5M
- Tier 1 Capital Ratio
- Not reported
- Capital Status
- Not reported
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 6.58%
- Return on Assets
- 0.00%
- Headquarters
- New York, New York
- FDIC Certificate
- #33649
- Health Grade
- C (52/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Industrial Bank of Korea files quarterly Call Reports with the FDIC under Certificate #33649. 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.
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Capital & Safety Analysis
According to FDIC financial data, Industrial Bank of Korea holds a Tier 1 capital ratio of Not reported. This ratio is not reported in the latest FDIC call report — common for banks on the Community Bank Leverage Ratio framework — so the capital factor is excluded from Industrial Bank of Korea's health score.
Key Financial Metrics
What This Means For Your Money
Industrial Bank of Korea shows average financial health. While not alarming, its Health Score of 52/100 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 Industrial Bank of Korea Compares
Industrial Bank of Korea’s Health Score of 52 is 28 points below the New York state average of 80 across 130 FDIC-insured banks. Its Tier 1 capital ratio is not reported in the latest FDIC call report, so it is excluded from the score. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.00% is below the national ROA benchmark of ~1.1%. Among 1556 similarly-sized banks, the average Health Score is 80, meaning this bank ranks below its size cohort. Site-wide, Industrial Bank of Korea is 28 points below the portfolio average of 80.
Frequently Asked Questions
Industrial Bank of Korea has a Bank Health Score of C (52/100), placing it in average financial health. Its Tier 1 capital ratio is not reported in its latest FDIC call report. 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. Industrial Bank of Korea's Tier 1 capital ratio of Not reported and nonperforming loan ratio of 0.00% 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 Industrial Bank of Korea is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #33649). 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.
Industrial Bank of Korea holds $372M in total assets and $5M in total deposits. It is headquartered in New York, New York (FDIC Certificate #33649).
Industrial Bank of Korea's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #33649 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Industrial Bank of Korea has a Tier 1 capital ratio of Not reported, classifying it as "Not reported." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 0.00%.
Yes. Industrial Bank of Korea is FDIC-insured (Certificate #33649). 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%).
Industrial Bank of Korea'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.