Prairie Community Bank
Marengo, Illinois · FDIC Cert #34526
Prairie Community Bank is an FDIC-insured bank (Certificate #34526) with $167M in total assets and $151M in total deposits as of the Q2 2024 Call Report. Headquartered in Marengo, Illinois, the bank maintains a Tier 1 capital ratio of 13.36% (Well-Capitalized) and a nonperforming loan ratio of 1.00%. BankHealthData assigns a composite Health Grade of A (81/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Prairie Community Bank (FDIC cert 34526) is a community bank — $167M in total assets, $151M in deposits, serving the Marengo, Illinois 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 13.36% 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 1.00% 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: 27.0% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.67% 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 essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Prairie Community Bank carries a composite BankHealth grade of A (81/100) 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: Prairie Community Bank
- Total Assets
- $167M
- Total Deposits
- $151M
- Tier 1 Capital Ratio
- 13.36%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.00%
- Liquidity Ratio
- 26.99%
- Return on Assets
- 0.67%
- Headquarters
- Marengo, Illinois
- FDIC Certificate
- #34526
- Health Grade
- A (81/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Prairie Community Bank holds a Tier 1 capital ratio of 13.36%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Prairie Community Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Prairie Community Bank shows strong financial health indicators. With $167M in assets and a Health Score of 81/100, 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 Prairie Community Bank Compares
Prairie Community Bank’s Health Score of 81 is 9 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 13.36% Tier 1 capital ratio is 0.6 points below the US banking industry average near 14%. The 1.00% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.67% is below the national ROA benchmark of ~1.1%. Among 1430 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Prairie Community Bank is 11 points above the portfolio average of 70.
Frequently Asked Questions
Prairie Community Bank has a Bank Health Score of A (81/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 13.36%, 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. Prairie Community Bank's Tier 1 capital ratio of 13.36% and nonperforming loan ratio of 1.00% 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 Prairie Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #34526). 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.
Prairie Community Bank holds $167M in total assets and $151M in total deposits. It is headquartered in Marengo, Illinois (FDIC Certificate #34526).
Prairie Community Bank has a Tier 1 capital ratio of 13.36%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.00%, and the return on assets is 0.67%.
Yes. Prairie Community Bank is FDIC-insured (Certificate #34526). 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%).
Prairie Community 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.