PIERMONT BANK
NEW YORK, NEW YORK · FDIC Cert #59154
Capital & Safety Analysis
According to FDIC financial data, PIERMONT BANK holds a Tier 1 capital ratio of 13.90%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PIERMONT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PIERMONT BANK shows average financial health. While not alarming, its Health Score of 61/100 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
PIERMONT BANK has a Bank Health Score of C (61/100). It holds a Tier 1 capital ratio of 13.90%, 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.
PIERMONT BANK holds $551M in total assets and $424M in total deposits. It is located in NEW YORK, NEW YORK (FDIC Certificate #59154).
PIERMONT BANK has a Tier 1 capital ratio of 13.90%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 4.86%, and the return on assets is 0.33%.
Yes. PIERMONT BANK is FDIC-insured (Certificate #59154). 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.