PORT AUSTIN STATE BANK
PORT AUSTIN, MICHIGAN · FDIC Cert #14999
Capital & Safety Analysis
According to FDIC financial data, PORT AUSTIN STATE BANK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject PORT AUSTIN STATE BANK to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
PORT AUSTIN STATE BANK shows average financial health. While not alarming, its Health Score of 55/100 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
PORT AUSTIN STATE BANK has a Bank Health Score of C (55/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PORT AUSTIN STATE BANK holds $68M in total assets and $56M in total deposits. It is located in PORT AUSTIN, MICHIGAN (FDIC Certificate #14999).
PORT AUSTIN STATE BANK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 1.60%.
Yes. PORT AUSTIN STATE BANK is FDIC-insured (Certificate #14999). 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.