Patterson State Bank
Patterson, Louisiana · FDIC Cert #12609
Patterson State Bank is an FDIC-insured bank (Certificate #12609) with $309M in total assets and $279M in total deposits as of the Q2 2024 Call Report. Headquartered in Patterson, Louisiana, the bank maintains a Tier 1 capital ratio of 16.64% (Well-Capitalized) and a nonperforming loan ratio of 1.31%. BankHealthData assigns a composite Health Grade of A (86/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Patterson State Bank (FDIC cert 12609) is a community bank — $309M in total assets, $279M in deposits, serving the Patterson, Louisiana 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 16.64% 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 1.31% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 37.8% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.48% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Patterson State Bank carries a composite BankHealth grade of A (86/100) 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: Patterson State Bank
- Total Assets
- $309M
- Total Deposits
- $279M
- Tier 1 Capital Ratio
- 16.64%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.31%
- Liquidity Ratio
- 37.84%
- Return on Assets
- 0.48%
- Headquarters
- Patterson, Louisiana
- FDIC Certificate
- #12609
- Health Grade
- A (86/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Patterson State Bank holds a Tier 1 capital ratio of 16.64%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Patterson State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Patterson State Bank shows strong financial health indicators. With $309M in assets and a Health Score of 86/100, 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 Patterson State Bank Compares
Patterson State Bank’s Health Score of 86 is 23 points above the Louisiana state average of 63 across 93 FDIC-insured banks. Its 16.64% Tier 1 capital ratio is 2.6 points above the US banking industry average near 14%. The 1.31% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.48% is below the national ROA benchmark of ~1.1%. Among 1594 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Patterson State Bank is 16 points above the portfolio average of 70.
Frequently Asked Questions
Patterson State Bank has a Bank Health Score of A (86/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.64%, 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. Patterson State Bank's Tier 1 capital ratio of 16.64% and nonperforming loan ratio of 1.31% 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 Patterson State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #12609). 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.
Patterson State Bank holds $309M in total assets and $279M in total deposits. It is headquartered in Patterson, Louisiana (FDIC Certificate #12609).
Patterson State Bank has a Tier 1 capital ratio of 16.64%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.31%, and the return on assets is 0.48%.
Yes. Patterson State Bank is FDIC-insured (Certificate #12609). 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%).
Patterson State 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.