STATE BANK OF FARIBAULT
FARIBAULT, MINNESOTA · FDIC Cert #1610
Capital & Safety Analysis
According to FDIC financial data, STATE BANK OF FARIBAULT holds a Tier 1 capital ratio of 12.18%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning STATE BANK OF FARIBAULT has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
STATE BANK OF FARIBAULT shows strong financial health indicators. With $304M 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
STATE BANK OF FARIBAULT has a Bank Health Score of A (87/100). It holds a Tier 1 capital ratio of 12.18%, 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 FARIBAULT holds $304M in total assets and $287M in total deposits. It is located in FARIBAULT, MINNESOTA (FDIC Certificate #1610).
STATE BANK OF FARIBAULT has a Tier 1 capital ratio of 12.18%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.54%.
Yes. STATE BANK OF FARIBAULT is FDIC-insured (Certificate #1610). 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.