PROVIDENCE BANK
ROCKY MOUNT, NORTH CAROLINA · FDIC Cert #58239
Capital & Safety Analysis
According to FDIC financial data, PROVIDENCE BANK holds a Tier 1 capital ratio of 12.11%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PROVIDENCE BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PROVIDENCE BANK shows strong financial health indicators. With $1.3B in assets and a Health Score of 72/100, 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
PROVIDENCE BANK has a Bank Health Score of B (72/100). It holds a Tier 1 capital ratio of 12.11%, 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.
PROVIDENCE BANK holds $1.3B in total assets and $1.1B in total deposits. It is located in ROCKY MOUNT, NORTH CAROLINA (FDIC Certificate #58239).
PROVIDENCE BANK has a Tier 1 capital ratio of 12.11%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.06%, and the return on assets is 1.79%.
Yes. PROVIDENCE BANK is FDIC-insured (Certificate #58239). 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.