Spiritbank
Tulsa, Oklahoma · FDIC Cert #4048
Spiritbank is an FDIC-insured bank (Certificate #4048) with $766M in total assets and $678M in total deposits as of the Q2 2024 Call Report. Headquartered in Tulsa, Oklahoma, the bank maintains a Tier 1 capital ratio of 13.06% (Well-Capitalized) and a nonperforming loan ratio of 3.03%. BankHealthData assigns a composite Health Grade of C (59/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Spiritbank (FDIC cert 4048) is a community bank — $766M in total assets, $678M in deposits, serving the Tulsa, Oklahoma area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 13.06% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 3.03% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 18.9% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.40% 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 essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Spiritbank carries a composite BankHealth grade of C (59/100) 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: Spiritbank
- Total Assets
- $766M
- Total Deposits
- $678M
- Tier 1 Capital Ratio
- 13.06%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.03%
- Liquidity Ratio
- 18.92%
- Return on Assets
- 0.40%
- Headquarters
- Tulsa, Oklahoma
- FDIC Certificate
- #4048
- Health Grade
- C (59/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Spiritbank holds a Tier 1 capital ratio of 13.06%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Spiritbank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Spiritbank shows average financial health. While not alarming, its Health Score of 59/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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 Spiritbank Compares
Spiritbank’s Health Score of 59 is 5 points below the Oklahoma state average of 64 across 141 FDIC-insured banks. Its 13.06% Tier 1 capital ratio is 0.9 points below the US banking industry average near 14%. The 3.03% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.40% is below the national ROA benchmark of ~1.1%. Among 1188 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Spiritbank is 11 points below the portfolio average of 70.
Frequently Asked Questions
Spiritbank has a Bank Health Score of C (59/100), placing it in average financial health. It holds a Tier 1 capital ratio of 13.06%, 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. Spiritbank's Tier 1 capital ratio of 13.06% and nonperforming loan ratio of 3.03% indicate an average 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 Spiritbank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #4048). 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.
Spiritbank holds $766M in total assets and $678M in total deposits. It is headquartered in Tulsa, Oklahoma (FDIC Certificate #4048).
Spiritbank has a Tier 1 capital ratio of 13.06%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 3.03%, and the return on assets is 0.40%.
Yes. Spiritbank is FDIC-insured (Certificate #4048). 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 C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Spiritbank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.