Wellington Trust Co NA
Boston, Massachusetts · FDIC Cert #23741
This is the FDIC profile for Wellington Trust Co NA, an FDIC-insured bank (Certificate #23741) with $94M in total assets and $0 in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Boston, Massachusetts, the bank maintains a Tier 1 capital ratio of 53.96% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of B (75/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Wellington Trust Co NA (FDIC cert 23741) is a community bank — $94M in total assets, $0 in deposits, serving the Boston, Massachusetts 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 53.96% 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 clean: non-performing loan ratio of 0.00% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 5.3% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 5.76% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Wellington Trust Co NA carries a composite BankHealth grade of B (75/100) 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: Wellington Trust Co NA
- Total Assets
- $94M
- Total Deposits
- $0
- Tier 1 Capital Ratio
- 53.96%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 5.31%
- Return on Assets
- 5.76%
- Headquarters
- Boston, Massachusetts
- FDIC Certificate
- #23741
- Health Grade
- B (75/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Wellington Trust Co NA files quarterly Call Reports with the FDIC under Certificate #23741. 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, Wellington Trust Co NA holds a Tier 1 capital ratio of 53.96%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Wellington Trust Co NA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Wellington Trust Co NA shows strong financial health indicators. With $94M in assets and a Health Score of 75/100, 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 Wellington Trust Co NA Compares
Wellington Trust Co NA’s Health Score of 75 is 0 points above the Massachusetts state average of 75 across 97 FDIC-insured banks. Its 53.96% Tier 1 capital ratio is 40.0 points above the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 5.76% is in line with or above the national ROA benchmark of ~1.1%. Among 1046 similarly-sized banks, the average Health Score is 82, meaning this bank ranks below its size cohort. Site-wide, Wellington Trust Co NA is 5 points below the portfolio average of 80.
Frequently Asked Questions
Wellington Trust Co NA has a Bank Health Score of B (75/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 53.96%, 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. Wellington Trust Co NA's Tier 1 capital ratio of 53.96% and nonperforming loan ratio of 0.00% 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 Wellington Trust Co NA is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #23741). 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.
Wellington Trust Co NA holds $94M in total assets and $0 in total deposits. It is headquartered in Boston, Massachusetts (FDIC Certificate #23741).
Wellington Trust Co NA's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #23741 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Wellington Trust Co NA has a Tier 1 capital ratio of 53.96%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 5.76%.
Yes. Wellington Trust Co NA is FDIC-insured (Certificate #23741). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Wellington Trust Co NA'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.