PILGRIM BANK
PITTSBURG, TEXAS · FDIC Cert #16891
Capital & Safety Analysis
According to FDIC financial data, PILGRIM BANK holds a Tier 1 capital ratio of 14.77%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PILGRIM BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PILGRIM BANK shows strong financial health indicators. With $693M in assets and a Health Score of 90/100, 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
PILGRIM BANK has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 14.77%, 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.
PILGRIM BANK holds $693M in total assets and $565M in total deposits. It is located in PITTSBURG, TEXAS (FDIC Certificate #16891).
PILGRIM BANK has a Tier 1 capital ratio of 14.77%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 0.80%.
Yes. PILGRIM BANK is FDIC-insured (Certificate #16891). 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.