PRIMIS BANK
TAPPAHANNOCK, VIRGINIA · FDIC Cert #57968
Capital & Safety Analysis
According to FDIC financial data, PRIMIS BANK holds a Tier 1 capital ratio of 11.04%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PRIMIS BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PRIMIS BANK shows average financial health. While not alarming, its Health Score of 59/100 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
PRIMIS BANK has a Bank Health Score of C (59/100). It holds a Tier 1 capital ratio of 11.04%, 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.
PRIMIS BANK holds $4.0B in total assets and $3.4B in total deposits. It is located in TAPPAHANNOCK, VIRGINIA (FDIC Certificate #57968).
PRIMIS BANK has a Tier 1 capital ratio of 11.04%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.39%, and the return on assets is 0.66%.
Yes. PRIMIS BANK is FDIC-insured (Certificate #57968). 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.