Profinium INC
Truman, Minnesota · FDIC Cert #1905
Profinium INC is an FDIC-insured bank (Certificate #1905) with $529M in total assets and $454M in total deposits as of the Q2 2024 Call Report. Headquartered in Truman, Minnesota, the bank maintains a Tier 1 capital ratio of 11.12% (Well-Capitalized) and a nonperforming loan ratio of 0.17%. BankHealthData assigns a composite Health Grade of B (68/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Profinium INC (FDIC cert 1905) is a community bank — $529M in total assets, $454M in deposits, serving the Truman, Minnesota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.12% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.17% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 17.2% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is minimal: ROA of 0.11% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Profinium INC carries a composite BankHealth grade of B (68/100) 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: Profinium INC
- Total Assets
- $529M
- Total Deposits
- $454M
- Tier 1 Capital Ratio
- 11.12%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.17%
- Liquidity Ratio
- 17.17%
- Return on Assets
- 0.11%
- Headquarters
- Truman, Minnesota
- FDIC Certificate
- #1905
- Health Grade
- B (68/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Profinium INC holds a Tier 1 capital ratio of 11.12%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Profinium INC has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Profinium INC shows strong financial health indicators. With $529M in assets and a Health Score of 68/100, 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 Profinium INC Compares
Profinium INC’s Health Score of 68 is 5 points below the Minnesota state average of 73 across 225 FDIC-insured banks. Its 11.12% Tier 1 capital ratio is 2.9 points below the US banking industry average near 14%. The 0.17% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.11% is below the national ROA benchmark of ~1.1%. Among 1430 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Profinium INC is 2 points below the portfolio average of 70.
Frequently Asked Questions
Profinium INC has a Bank Health Score of B (68/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.12%, 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. Profinium INC's Tier 1 capital ratio of 11.12% and nonperforming loan ratio of 0.17% 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 Profinium INC is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #1905). 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.
Profinium INC holds $529M in total assets and $454M in total deposits. It is headquartered in Truman, Minnesota (FDIC Certificate #1905).
Profinium INC has a Tier 1 capital ratio of 11.12%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.17%, and the return on assets is 0.11%.
Yes. Profinium INC is FDIC-insured (Certificate #1905). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Profinium INC'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.