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BankHealth

MINERS EXCHANGE BANK

COEBURN, VIRGINIA · FDIC Cert #23989

A
Health Score
84/100
$93M
Total Assets
$81M
Total Deposits
21.74%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MINERS EXCHANGE BANK holds a Tier 1 capital ratio of 21.74%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MINERS EXCHANGE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.48%
Nonperforming Loans
Moderate — some loan stress
31.75%
Liquidity Ratio
Strong — can meet withdrawal demands
0.33%
Return on Assets
Low profitability
$81M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MINERS EXCHANGE BANK shows strong financial health indicators. With $93M in assets and a Health Score of 84/100, 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

MINERS EXCHANGE BANK has a Bank Health Score of A (84/100). It holds a Tier 1 capital ratio of 21.74%, 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.

MINERS EXCHANGE BANK holds $93M in total assets and $81M in total deposits. It is located in COEBURN, VIRGINIA (FDIC Certificate #23989).

MINERS EXCHANGE BANK has a Tier 1 capital ratio of 21.74%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.48%, and the return on assets is 0.33%.

Yes. MINERS EXCHANGE BANK is FDIC-insured (Certificate #23989). 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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