NEW HORIZON BANK NA
POWHATAN, VIRGINIA · FDIC Cert #58857
Capital & Safety Analysis
According to FDIC financial data, NEW HORIZON BANK NA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject NEW HORIZON BANK NA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
NEW HORIZON BANK NA shows average financial health. While not alarming, its Health Score of 50/100 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
NEW HORIZON BANK NA has a Bank Health Score of C (50/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
NEW HORIZON BANK NA holds $128M in total assets and $111M in total deposits. It is located in POWHATAN, VIRGINIA (FDIC Certificate #58857).
NEW HORIZON BANK NA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.88%, and the return on assets is -1.42%.
Yes. NEW HORIZON BANK NA is FDIC-insured (Certificate #58857). 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.