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BankHealth

TURTLE MOUNTAIN STATE BANK

BELCOURT, NORTH DAKOTA · FDIC Cert #58586

C
Health Score
53/100
$147M
Total Assets
$136M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, TURTLE MOUNTAIN STATE BANK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject TURTLE MOUNTAIN STATE BANK to additional regulatory scrutiny.

Key Financial Metrics

1.98%
Nonperforming Loans
Moderate — some loan stress
68.97%
Liquidity Ratio
Strong — can meet withdrawal demands
3.61%
Return on Assets
Profitable — earning well on assets
$136M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

TURTLE MOUNTAIN STATE BANK shows average financial health. While not alarming, its Health Score of 53/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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

TURTLE MOUNTAIN STATE BANK has a Bank Health Score of C (53/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

TURTLE MOUNTAIN STATE BANK holds $147M in total assets and $136M in total deposits. It is located in BELCOURT, NORTH DAKOTA (FDIC Certificate #58586).

TURTLE MOUNTAIN STATE BANK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 1.98%, and the return on assets is 3.61%.

Yes. TURTLE MOUNTAIN STATE BANK is FDIC-insured (Certificate #58586). 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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