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BankHealth

JACKSON SAVINGS BANK SSB

SYLVA, NORTH CAROLINA · FDIC Cert #31266

A
Health Score
90/100
$29M
Total Assets
$22M
Total Deposits
53.35%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

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

0.41%
Nonperforming Loans
Low — healthy loan portfolio
35.36%
Liquidity Ratio
Strong — can meet withdrawal demands
0.02%
Return on Assets
Low profitability
$22M
Domestic Deposits
Total domestic deposits held

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.

Frequently Asked Questions

JACKSON SAVINGS BANK SSB has a Bank Health Score of A (90/100). 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.

JACKSON SAVINGS BANK SSB holds $29M in total assets and $22M in total deposits. It is located 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." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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