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BankHealth

PROMISEONE BANK

DULUTH, GEORGIA · FDIC Cert #58657

A
Health Score
83/100
$715M
Total Assets
$603M
Total Deposits
16.99%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PROMISEONE BANK holds a Tier 1 capital ratio of 16.99%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PROMISEONE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.42%
Nonperforming Loans
Low — healthy loan portfolio
17.80%
Liquidity Ratio
Adequate liquidity
1.54%
Return on Assets
Profitable — earning well on assets
$603M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PROMISEONE BANK shows strong financial health indicators. With $715M in assets and a Health Score of 83/100, 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

PROMISEONE BANK has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 16.99%, 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.

PROMISEONE BANK holds $715M in total assets and $603M in total deposits. It is located in DULUTH, GEORGIA (FDIC Certificate #58657).

PROMISEONE BANK has a Tier 1 capital ratio of 16.99%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.42%, and the return on assets is 1.54%.

Yes. PROMISEONE BANK is FDIC-insured (Certificate #58657). 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.

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