State Bank of Taunton
Taunton, Minnesota · FDIC Cert #16906
State Bank of Taunton is an FDIC-insured bank (Certificate #16906) with $49M in total assets and $39M in total deposits as of the Q2 2024 Call Report. Headquartered in Taunton, Minnesota, the bank maintains a Tier 1 capital ratio of 16.37% (Well-Capitalized) and a nonperforming loan ratio of 1.18%. BankHealthData assigns a composite Health Grade of A (81/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
State Bank of Taunton (FDIC cert 16906) is a community bank — $49M in total assets, $39M in deposits, serving the Taunton, Minnesota 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 16.37% 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 normal: non-performing loan ratio of 1.18% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 24.9% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.37% 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. State Bank of Taunton carries a composite BankHealth grade of A (81/100) 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: State Bank of Taunton
- Total Assets
- $49M
- Total Deposits
- $39M
- Tier 1 Capital Ratio
- 16.37%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.18%
- Liquidity Ratio
- 24.93%
- Return on Assets
- 0.37%
- Headquarters
- Taunton, Minnesota
- FDIC Certificate
- #16906
- Health Grade
- A (81/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, State Bank of Taunton holds a Tier 1 capital ratio of 16.37%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning State Bank of Taunton has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
State Bank of Taunton shows strong financial health indicators. With $49M in assets and a Health Score of 81/100, 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.
How State Bank of Taunton Compares
State Bank of Taunton’s Health Score of 81 is 8 points above the Minnesota state average of 73 across 225 FDIC-insured banks. Its 16.37% Tier 1 capital ratio is 2.4 points above the US banking industry average near 14%. The 1.18% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.37% is below the national ROA benchmark of ~1.1%. Among 539 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, State Bank of Taunton is 11 points above the portfolio average of 70.
Frequently Asked Questions
State Bank of Taunton has a Bank Health Score of A (81/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.37%, 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. State Bank of Taunton's Tier 1 capital ratio of 16.37% and nonperforming loan ratio of 1.18% indicate a low 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 State Bank of Taunton is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #16906). 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.
State Bank of Taunton holds $49M in total assets and $39M in total deposits. It is headquartered in Taunton, Minnesota (FDIC Certificate #16906).
State Bank of Taunton has a Tier 1 capital ratio of 16.37%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.18%, and the return on assets is 0.37%.
Yes. State Bank of Taunton is FDIC-insured (Certificate #16906). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
State Bank of Taunton's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.