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BankHealth

IROQUOIS FS&LA

WATSEKA, ILLINOIS · FDIC Cert #29675

C
Health Score
51/100
$888M
Total Assets
$734M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, IROQUOIS FS&LA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject IROQUOIS FS&LA to additional regulatory scrutiny.

Key Financial Metrics

0.03%
Nonperforming Loans
Low — healthy loan portfolio
22.56%
Liquidity Ratio
Strong — can meet withdrawal demands
0.33%
Return on Assets
Low profitability
$734M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

IROQUOIS FS&LA shows average financial health. While not alarming, its Health Score of 51/100 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

IROQUOIS FS&LA has a Bank Health Score of C (51/100). 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.

IROQUOIS FS&LA holds $888M in total assets and $734M in total deposits. It is located in WATSEKA, ILLINOIS (FDIC Certificate #29675).

IROQUOIS FS&LA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.03%, and the return on assets is 0.33%.

Yes. IROQUOIS FS&LA is FDIC-insured (Certificate #29675). 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.

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