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BankHealth

MAIN STREET BANK CORP

WOOSTER, OHIO · FDIC Cert #29847

C
Health Score
62/100
$1.4B
Total Assets
$1.1B
Total Deposits
11.60%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MAIN STREET BANK CORP holds a Tier 1 capital ratio of 11.60%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MAIN STREET BANK CORP has a strong buffer to absorb potential losses.

Key Financial Metrics

0.41%
Nonperforming Loans
Low — healthy loan portfolio
12.86%
Liquidity Ratio
Adequate liquidity
-0.29%
Return on Assets
Negative — losing money
$1.1B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MAIN STREET BANK CORP shows average financial health. While not alarming, its Health Score of 62/100 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

MAIN STREET BANK CORP has a Bank Health Score of C (62/100). It holds a Tier 1 capital ratio of 11.60%, 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.

MAIN STREET BANK CORP holds $1.4B in total assets and $1.1B in total deposits. It is located in WOOSTER, OHIO (FDIC Certificate #29847).

MAIN STREET BANK CORP has a Tier 1 capital ratio of 11.60%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.41%, and the return on assets is -0.29%.

Yes. MAIN STREET BANK CORP is FDIC-insured (Certificate #29847). 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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