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BankHealth

RED RIVER STATE BANK

HALSTAD, MINNESOTA · FDIC Cert #15820

D
Health Score
45/100
$122M
Total Assets
$106M
Total Deposits
18.48%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, RED RIVER STATE BANK holds a Tier 1 capital ratio of 18.48%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning RED RIVER STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

9.09%
Nonperforming Loans
High — significant loan problems
5.30%
Liquidity Ratio
Low — potential liquidity stress
1.85%
Return on Assets
Profitable — earning well on assets
$106M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

RED RIVER STATE BANK shows some financial weakness with a Health Score of 45/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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

RED RIVER STATE BANK has a Bank Health Score of D (45/100). It holds a Tier 1 capital ratio of 18.48%, 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.

RED RIVER STATE BANK holds $122M in total assets and $106M in total deposits. It is located in HALSTAD, MINNESOTA (FDIC Certificate #15820).

RED RIVER STATE BANK has a Tier 1 capital ratio of 18.48%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 9.09%, and the return on assets is 1.85%.

Yes. RED RIVER STATE BANK is FDIC-insured (Certificate #15820). 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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