Jackson Savings Bank SSB
Sylva, North Carolina · FDIC Cert #31266
Jackson Savings Bank SSB is an FDIC-insured bank (Certificate #31266) with $29M in total assets and $22M in total deposits as of the Q2 2024 Call Report. Headquartered in Sylva, North Carolina, the bank maintains a Tier 1 capital ratio of 53.35% (Well-Capitalized) and a nonperforming loan ratio of 0.41%. BankHealthData assigns a composite Health Grade of A (90/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Jackson Savings Bank SSB (FDIC cert 31266) is a community bank — $29M in total assets, $22M in deposits, serving the Sylva, North Carolina 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 53.35% 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 clean: non-performing loan ratio of 0.41% 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 comfortable: 35.4% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is minimal: ROA of 0.02% 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 improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. Jackson Savings Bank SSB carries a composite BankHealth grade of A (90/100) 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: Jackson Savings Bank SSB
- Total Assets
- $29M
- Total Deposits
- $22M
- Tier 1 Capital Ratio
- 53.35%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.41%
- Liquidity Ratio
- 35.36%
- Return on Assets
- 0.02%
- Headquarters
- Sylva, North Carolina
- FDIC Certificate
- #31266
- Health Grade
- A (90/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Jackson Savings Bank SSB holds a Tier 1 capital ratio of 53.35%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Jackson Savings Bank SSB has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Jackson Savings Bank SSB shows strong financial health indicators. With $29M in assets and a Health Score of 90/100, 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.
How Jackson Savings Bank SSB Compares
Jackson Savings Bank SSB’s Health Score of 90 is 17 points above the North Carolina state average of 73 across 36 FDIC-insured banks. Its 53.35% Tier 1 capital ratio is 39.4 points above the US banking industry average near 14%. The 0.41% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.02% is below the national ROA benchmark of ~1.1%. Among 261 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Jackson Savings Bank SSB is 20 points above the portfolio average of 70.
Frequently Asked Questions
Jackson Savings Bank SSB has a Bank Health Score of A (90/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 53.35%, 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. Jackson Savings Bank SSB's Tier 1 capital ratio of 53.35% and nonperforming loan ratio of 0.41% indicate a low 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 Jackson Savings Bank SSB is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #31266). 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.
Jackson Savings Bank SSB holds $29M in total assets and $22M in total deposits. It is headquartered in Sylva, North Carolina (FDIC Certificate #31266).
Jackson Savings Bank SSB has a Tier 1 capital ratio of 53.35%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.41%, and the return on assets is 0.02%.
Yes. Jackson Savings Bank SSB is FDIC-insured (Certificate #31266). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Jackson Savings Bank SSB's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.