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BankHealth

JACKSON FS&LA

JACKSON, MINNESOTA · FDIC Cert #30492

A
Health Score
89/100
$28M
Total Assets
$22M
Total Deposits
56.03%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, JACKSON FS&LA holds a Tier 1 capital ratio of 56.03%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning JACKSON FS&LA has a strong buffer to absorb potential losses.

Key Financial Metrics

0.17%
Nonperforming Loans
Low — healthy loan portfolio
33.74%
Liquidity Ratio
Strong — can meet withdrawal demands
-0.80%
Return on Assets
Negative — losing money
$22M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

JACKSON FS&LA shows strong financial health indicators. With $28M in assets and a Health Score of 89/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

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

JACKSON FS&LA has a Bank Health Score of A (89/100). It holds a Tier 1 capital ratio of 56.03%, 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.

JACKSON FS&LA holds $28M in total assets and $22M in total deposits. It is located in JACKSON, MINNESOTA (FDIC Certificate #30492).

JACKSON FS&LA has a Tier 1 capital ratio of 56.03%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.17%, and the return on assets is -0.80%.

Yes. JACKSON FS&LA is FDIC-insured (Certificate #30492). 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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