NEW MARKET BANK
ELKO NEW MARKET, MINNESOTA · FDIC Cert #1931
Capital & Safety Analysis
According to FDIC financial data, NEW MARKET BANK holds a Tier 1 capital ratio of 10.27%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning NEW MARKET BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
NEW MARKET BANK shows strong financial health indicators. With $190M in assets and a Health Score of 82/100, 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
NEW MARKET BANK has a Bank Health Score of A (82/100). It holds a Tier 1 capital ratio of 10.27%, 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.
NEW MARKET BANK holds $190M in total assets and $164M in total deposits. It is located in ELKO NEW MARKET, MINNESOTA (FDIC Certificate #1931).
NEW MARKET BANK has a Tier 1 capital ratio of 10.27%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.80%.
Yes. NEW MARKET BANK is FDIC-insured (Certificate #1931). 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.