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BankHealth

STATE BANK OF TAUNTON

TAUNTON, MINNESOTA · FDIC Cert #16906

A
Health Score
81/100
$49M
Total Assets
$39M
Total Deposits
16.37%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

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

1.18%
Nonperforming Loans
Moderate — some loan stress
24.93%
Liquidity Ratio
Strong — can meet withdrawal demands
0.37%
Return on Assets
Low profitability
$39M
Domestic Deposits
Total domestic deposits held

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.

Frequently Asked Questions

STATE BANK OF TAUNTON has a Bank Health Score of A (81/100). 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.

STATE BANK OF TAUNTON holds $49M in total assets and $39M in total deposits. It is located in TAUNTON, MINNESOTA (FDIC Certificate #16906).

STATE BANK OF TAUNTON has a Tier 1 capital ratio of 16.37%, classifying it as "Well-Capitalized." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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