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BankHealth

MID-CENTRAL NATIONAL BANK

WADENA, MINNESOTA · FDIC Cert #30943

A
Health Score
92/100
$120M
Total Assets
$97M
Total Deposits
30.69%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MID-CENTRAL NATIONAL BANK holds a Tier 1 capital ratio of 30.69%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MID-CENTRAL NATIONAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.20%
Nonperforming Loans
Low — healthy loan portfolio
28.43%
Liquidity Ratio
Strong — can meet withdrawal demands
0.76%
Return on Assets
Low profitability
$97M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MID-CENTRAL NATIONAL BANK shows strong financial health indicators. With $120M in assets and a Health Score of 92/100, 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

MID-CENTRAL NATIONAL BANK has a Bank Health Score of A (92/100). It holds a Tier 1 capital ratio of 30.69%, 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.

MID-CENTRAL NATIONAL BANK holds $120M in total assets and $97M in total deposits. It is located in WADENA, MINNESOTA (FDIC Certificate #30943).

MID-CENTRAL NATIONAL BANK has a Tier 1 capital ratio of 30.69%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.20%, and the return on assets is 0.76%.

Yes. MID-CENTRAL NATIONAL BANK is FDIC-insured (Certificate #30943). 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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