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BankHealth

LATIMER STATE BANK

WILBURTON, OKLAHOMA · FDIC Cert #22839

A
Health Score
96/100
$67M
Total Assets
$52M
Total Deposits
68.29%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, LATIMER STATE BANK holds a Tier 1 capital ratio of 68.29%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning LATIMER STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.62%
Nonperforming Loans
Low — healthy loan portfolio
50.92%
Liquidity Ratio
Strong — can meet withdrawal demands
2.27%
Return on Assets
Profitable — earning well on assets
$52M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

LATIMER STATE BANK shows strong financial health indicators. With $67M in assets and a Health Score of 96/100, 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

LATIMER STATE BANK has a Bank Health Score of A (96/100). It holds a Tier 1 capital ratio of 68.29%, 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.

LATIMER STATE BANK holds $67M in total assets and $52M in total deposits. It is located in WILBURTON, OKLAHOMA (FDIC Certificate #22839).

LATIMER STATE BANK has a Tier 1 capital ratio of 68.29%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.62%, and the return on assets is 2.27%.

Yes. LATIMER STATE BANK is FDIC-insured (Certificate #22839). 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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