STATE BANK OF FAIRMONT
FAIRMONT, MINNESOTA · FDIC Cert #8541
Capital & Safety Analysis
According to FDIC financial data, STATE BANK OF FAIRMONT holds a Tier 1 capital ratio of 13.81%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning STATE BANK OF FAIRMONT has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
STATE BANK OF FAIRMONT shows strong financial health indicators. With $136M in assets and a Health Score of 77/100, 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
STATE BANK OF FAIRMONT has a Bank Health Score of B (77/100). It holds a Tier 1 capital ratio of 13.81%, 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.
STATE BANK OF FAIRMONT holds $136M in total assets and $124M in total deposits. It is located in FAIRMONT, MINNESOTA (FDIC Certificate #8541).
STATE BANK OF FAIRMONT has a Tier 1 capital ratio of 13.81%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.21%, and the return on assets is 1.37%.
Yes. STATE BANK OF FAIRMONT is FDIC-insured (Certificate #8541). 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.