Miners&Merchants Bank
Thomas, West Virginia · FDIC Cert #13018
This is the FDIC profile for Miners&Merchants Bank, an FDIC-insured bank (Certificate #13018) with $66M in total assets and $57M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Thomas, West Virginia, the bank maintains a Tier 1 capital ratio of 13.74% (Well-Capitalized) and a nonperforming loan ratio of 0.66%. BankHealthData assigns a composite Health Grade of A (85/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Miners&Merchants Bank (FDIC cert 13018) is a community bank — $66M in total assets, $57M in deposits, serving the Thomas, West Virginia area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 13.74% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.66% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 58.0% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is minimal: ROA of 0.17% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Miners&Merchants Bank carries a composite BankHealth grade of A (85/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Miners&Merchants Bank
- Total Assets
- $66M
- Total Deposits
- $57M
- Tier 1 Capital Ratio
- 13.74%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.66%
- Liquidity Ratio
- 57.96%
- Return on Assets
- 0.17%
- Headquarters
- Thomas, West Virginia
- FDIC Certificate
- #13018
- Health Grade
- A (85/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Miners&Merchants Bank files quarterly Call Reports with the FDIC under Certificate #13018. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Miners&Merchants Bank holds a Tier 1 capital ratio of 13.74%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Miners&Merchants Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Miners&Merchants Bank shows strong financial health indicators. With $66M in assets and a Health Score of 85/100, 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.
How Miners&Merchants Bank Compares
Miners&Merchants Bank’s Health Score of 85 is 6 points above the West Virginia state average of 79 across 43 FDIC-insured banks. Its 13.74% Tier 1 capital ratio is 0.3 points below the US banking industry average near 14%. The 0.66% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.17% is below the national ROA benchmark of ~1.1%. Among 744 similarly-sized banks, the average Health Score is 82, meaning this bank ranks above its size cohort. Site-wide, Miners&Merchants Bank is 5 points above the portfolio average of 80.
Frequently Asked Questions
Miners&Merchants Bank has a Bank Health Score of A (85/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 13.74%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Miners&Merchants Bank's Tier 1 capital ratio of 13.74% and nonperforming loan ratio of 0.66% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Miners&Merchants Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #13018). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Miners&Merchants Bank holds $66M in total assets and $57M in total deposits. It is headquartered in Thomas, West Virginia (FDIC Certificate #13018).
Miners&Merchants Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #13018 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Miners&Merchants Bank has a Tier 1 capital ratio of 13.74%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.66%, and the return on assets is 0.17%.
Yes. Miners&Merchants Bank is FDIC-insured (Certificate #13018). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Miners&Merchants Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.