Rushford State Bank INC
Rushford, Minnesota · FDIC Cert #11411
Rushford State Bank INC is an FDIC-insured bank (Certificate #11411) with $95M in total assets and $89M in total deposits as of the Q2 2024 Call Report. Headquartered in Rushford, Minnesota, the bank maintains a Tier 1 capital ratio of 10.32% (Well-Capitalized) and a nonperforming loan ratio of 0.09%. BankHealthData assigns a composite Health Grade of A (80/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Rushford State Bank INC (FDIC cert 11411) is a community bank — $95M in total assets, $89M in deposits, serving the Rushford, 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 10.32% 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 0.09% 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 comfortable: 38.4% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.30% 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. Rushford State Bank INC carries a composite BankHealth grade of A (80/100) 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: Rushford State Bank INC
- Total Assets
- $95M
- Total Deposits
- $89M
- Tier 1 Capital Ratio
- 10.32%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.09%
- Liquidity Ratio
- 38.38%
- Return on Assets
- 0.30%
- Headquarters
- Rushford, Minnesota
- FDIC Certificate
- #11411
- Health Grade
- A (80/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Rushford State Bank INC holds a Tier 1 capital ratio of 10.32%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Rushford State Bank INC has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Rushford State Bank INC shows strong financial health indicators. With $95M in assets and a Health Score of 80/100, 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 Rushford State Bank INC Compares
Rushford State Bank INC’s Health Score of 80 is 7 points above the Minnesota state average of 73 across 225 FDIC-insured banks. Its 10.32% Tier 1 capital ratio is 3.7 points below the US banking industry average near 14%. The 0.09% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.30% is below the national ROA benchmark of ~1.1%. Among 1048 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Rushford State Bank INC is 10 points above the portfolio average of 70.
Frequently Asked Questions
Rushford State Bank INC has a Bank Health Score of A (80/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 10.32%, 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. Rushford State Bank INC's Tier 1 capital ratio of 10.32% and nonperforming loan ratio of 0.09% 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 Rushford State Bank INC is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #11411). 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.
Rushford State Bank INC holds $95M in total assets and $89M in total deposits. It is headquartered in Rushford, Minnesota (FDIC Certificate #11411).
Rushford State Bank INC has a Tier 1 capital ratio of 10.32%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.09%, and the return on assets is 0.30%.
Yes. Rushford State Bank INC is FDIC-insured (Certificate #11411). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Rushford State Bank 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.