Ridgewood Savings Bank
Ridgewood, New York · FDIC Cert #16026
Ridgewood Savings Bank is an FDIC-insured bank (Certificate #16026) with $7.0B in total assets and $5.6B in total deposits as of the Q2 2024 Call Report. Headquartered in Ridgewood, New York, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 1.21%. BankHealthData assigns a composite Health Grade of D (48/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Ridgewood Savings Bank (FDIC cert 16026) is a mid-sized bank with $7.0B in total assets and $5.6B in deposits, based in Ridgewood, New York. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is normal: non-performing loan ratio of 1.21% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 26.5% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.47% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Ridgewood Savings Bank carries a composite BankHealth grade of D (48/100) 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: Ridgewood Savings Bank
- Total Assets
- $7.0B
- Total Deposits
- $5.6B
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 1.21%
- Liquidity Ratio
- 26.55%
- Return on Assets
- 0.47%
- Headquarters
- Ridgewood, New York
- FDIC Certificate
- #16026
- Health Grade
- D (48/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Ridgewood Savings Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Ridgewood Savings Bank to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Ridgewood Savings Bank shows some financial weakness with a Health Score of 48/100. 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.
How Ridgewood Savings Bank Compares
Ridgewood Savings Bank’s Health Score of 48 is 23 points below the New York state average of 71 across 130 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 1.21% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.47% is below the national ROA benchmark of ~1.1%. Among 218 similarly-sized banks, the average Health Score is 74, meaning this bank ranks below its size cohort. Site-wide, Ridgewood Savings Bank is 22 points below the portfolio average of 70.
Frequently Asked Questions
Ridgewood Savings Bank has a Bank Health Score of D (48/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 0.00%, which is below 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. Ridgewood Savings Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 1.21% indicate an elevated 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 Ridgewood Savings Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #16026). 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.
Ridgewood Savings Bank holds $7.0B in total assets and $5.6B in total deposits. It is headquartered in Ridgewood, New York (FDIC Certificate #16026).
Ridgewood Savings Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.21%, and the return on assets is 0.47%.
Yes. Ridgewood Savings Bank is FDIC-insured (Certificate #16026). 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 D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Ridgewood Savings Bank shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.