PEOPLES STATE BANK OF COLFAX
COLFAX, ILLINOIS · FDIC Cert #10075
Capital & Safety Analysis
According to FDIC financial data, PEOPLES STATE BANK OF COLFAX holds a Tier 1 capital ratio of 22.16%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PEOPLES STATE BANK OF COLFAX has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PEOPLES STATE BANK OF COLFAX shows strong financial health indicators. With $44M in assets and a Health Score of 98/100, 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
PEOPLES STATE BANK OF COLFAX has a Bank Health Score of A (98/100). It holds a Tier 1 capital ratio of 22.16%, 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.
PEOPLES STATE BANK OF COLFAX holds $44M in total assets and $38M in total deposits. It is located in COLFAX, ILLINOIS (FDIC Certificate #10075).
PEOPLES STATE BANK OF COLFAX has a Tier 1 capital ratio of 22.16%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 1.55%.
Yes. PEOPLES STATE BANK OF COLFAX is FDIC-insured (Certificate #10075). 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.