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BankHealth

PARK STATE BANK

DULUTH, MINNESOTA · FDIC Cert #8851

A
Health Score
94/100
$1.4B
Total Assets
$1.1B
Total Deposits
13.82%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PARK STATE BANK holds a Tier 1 capital ratio of 13.82%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PARK STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.33%
Nonperforming Loans
Low — healthy loan portfolio
33.45%
Liquidity Ratio
Strong — can meet withdrawal demands
1.88%
Return on Assets
Profitable — earning well on assets
$1.1B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PARK STATE BANK shows strong financial health indicators. With $1.4B in assets and a Health Score of 94/100, 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

PARK STATE BANK has a Bank Health Score of A (94/100). It holds a Tier 1 capital ratio of 13.82%, 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.

PARK STATE BANK holds $1.4B in total assets and $1.1B in total deposits. It is located in DULUTH, MINNESOTA (FDIC Certificate #8851).

PARK STATE BANK has a Tier 1 capital ratio of 13.82%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.33%, and the return on assets is 1.88%.

Yes. PARK STATE BANK is FDIC-insured (Certificate #8851). 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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