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BankHealth

OLD GLORY BANK

ELMORE CITY, OKLAHOMA · FDIC Cert #18924

C
Health Score
64/100
$140M
Total Assets
$129M
Total Deposits
84.87%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, OLD GLORY BANK holds a Tier 1 capital ratio of 84.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning OLD GLORY BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

4.32%
Nonperforming Loans
High — significant loan problems
75.46%
Liquidity Ratio
Strong — can meet withdrawal demands
-11.44%
Return on Assets
Negative — losing money
$129M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

OLD GLORY BANK shows average financial health. While not alarming, its Health Score of 64/100 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

OLD GLORY BANK has a Bank Health Score of C (64/100). It holds a Tier 1 capital ratio of 84.87%, 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.

OLD GLORY BANK holds $140M in total assets and $129M in total deposits. It is located in ELMORE CITY, OKLAHOMA (FDIC Certificate #18924).

OLD GLORY BANK has a Tier 1 capital ratio of 84.87%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 4.32%, and the return on assets is -11.44%.

Yes. OLD GLORY BANK is FDIC-insured (Certificate #18924). 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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