State Bank of Taunton
Taunton, Minnesota · FDIC Cert #16906
This is the FDIC profile for State Bank of Taunton, an FDIC-insured bank (Certificate #16906) with $49M in total assets and $39M in total deposits per its most recent FDIC Call Report filing (Q2 2024). 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) based on quarterly FDIC filings. 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
FDIC Filings & Call Report Data
State Bank of Taunton files quarterly Call Reports with the FDIC under Certificate #16906. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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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 1 points above the Minnesota state average of 80 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 83, meaning this bank ranks below its size cohort. Site-wide, State Bank of Taunton is 1 points above the portfolio average of 80.
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's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #16906 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
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.