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BankHealth

SECOND FS&LA OF PHILADELPHIA

PHILADELPHIA, PENNSYLVANIA · FDIC Cert #29627

A
Health Score
88/100
$39M
Total Assets
$21M
Total Deposits
25.77%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SECOND FS&LA OF PHILADELPHIA holds a Tier 1 capital ratio of 25.77%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SECOND FS&LA OF PHILADELPHIA has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
21.94%
Liquidity Ratio
Strong — can meet withdrawal demands
1.02%
Return on Assets
Profitable — earning well on assets
$21M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECOND FS&LA OF PHILADELPHIA shows strong financial health indicators. With $39M in assets and a Health Score of 88/100, 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

SECOND FS&LA OF PHILADELPHIA has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 25.77%, 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.

SECOND FS&LA OF PHILADELPHIA holds $39M in total assets and $21M in total deposits. It is located in PHILADELPHIA, PENNSYLVANIA (FDIC Certificate #29627).

SECOND FS&LA OF PHILADELPHIA has a Tier 1 capital ratio of 25.77%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 1.02%.

Yes. SECOND FS&LA OF PHILADELPHIA is FDIC-insured (Certificate #29627). 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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