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BankHealth

SQUARE FINL SERVICES INC

SALT LAKE CITY, UTAH · FDIC Cert #59177

A
Health Score
87/100
$816M
Total Assets
$256M
Total Deposits
147.87%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SQUARE FINL SERVICES INC holds a Tier 1 capital ratio of 147.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SQUARE FINL SERVICES INC has a strong buffer to absorb potential losses.

Key Financial Metrics

2.15%
Nonperforming Loans
Moderate — some loan stress
60.49%
Liquidity Ratio
Strong — can meet withdrawal demands
30.84%
Return on Assets
Profitable — earning well on assets
$256M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SQUARE FINL SERVICES INC shows strong financial health indicators. With $816M in assets and a Health Score of 87/100, 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

SQUARE FINL SERVICES INC has a Bank Health Score of A (87/100). It holds a Tier 1 capital ratio of 147.87%, 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.

SQUARE FINL SERVICES INC holds $816M in total assets and $256M in total deposits. It is located in SALT LAKE CITY, UTAH (FDIC Certificate #59177).

SQUARE FINL SERVICES INC has a Tier 1 capital ratio of 147.87%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.15%, and the return on assets is 30.84%.

Yes. SQUARE FINL SERVICES INC is FDIC-insured (Certificate #59177). 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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