Safest Banks in Ohio 2026
Ohio has 144 FDIC-insured banks with an average Bank Health Score of 80/100 (A). The safest bank is Trust Co of Toledo NA with a score of 100/100.
Data from FDIC Q2 2024
144 Ohio banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Ohio's 144 FDIC-insured banks hold a combined $4.9T in assets. Their average Bank Health Score of 80/100 sits 0.0 points in line with the national average of 80/100. Across the state, 90% of banks earn an A or B grade for financial health, while 0% fall to a D or F.
The largest bank headquartered in Ohio is JPMorgan Chase Bank NA with $3.5T in assets and a Bank Health Score of 95/100. The strongest by score is Trust Co of Toledo NA in Holland (100/100, Tier 1 capital 100.58%). The weakest is Ohio State Bank at 56/100, dragged down by an NPL ratio of 0.00%.
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 3 Safest Banks in Ohio
Trust Co of Toledo NA
Holland, OH
Ohio's top-rated bank, with a Tier 1 capital ratio of 100.58% — well above the federal "well-capitalized" threshold of 8%. Holds $7M in assets.
Fds Bank
Mason, OH
Second-strongest in the state on capital and loan quality. NPL ratio sits at 0.00% with $106M in total assets.
Credit First National Assn
Brook Park, OH
Third in the rankings on the Bank Health Score. Liquidity ratio of 93.09% and ROA of 27.21%.
Top 20 of 144 Banks in Ohio
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Trust Co of Toledo NA | Holland | A | 100 | 100.58% | 0.00% |
| 2 | Fds Bank | Mason | A | 100 | 221.69% | 0.00% |
| 3 | Credit First National Assn | Brook Park | A | 100 | 367.61% | 0.00% |
| 4 | Private Trust Co NA | Cleveland | A | 100 | 91.88% | 0.00% |
| 5 | Nationwide Trust Co FSB | Columbus | A | 100 | 95.00% | 0.00% |
| 6 | Settlers Bank | Marietta | A | 99 | 16.37% | 0.24% |
| 7 | Sutton Bank | Attica | A | 99 | 30.22% | 0.13% |
| 8 | Bank of Magnolia Co | Magnolia | A | 98 | 22.08% | 0.05% |
| 9 | Covington Savings&Loan Assn | Covington | A | 98 | 15.79% | 0.00% |
| 10 | Ottoville Bank Co | Ottoville | A | 97 | 20.70% | 0.24% |
| 11 | Peoples Bank Co | Coldwater | A | 96 | 18.94% | 0.00% |
| 12 | First Central Nb of St Paris | St. Paris | A | 96 | 31.00% | 0.00% |
| 13 | First Nb in New Bremen | New Bremen | A | 95 | 27.24% | 0.26% |
| 14 | JPMorgan Chase Bank NA | Columbus | A | 95 | 16.37% | 0.78% |
| 15 | First Nb of Sycamore | Sycamore | A | 95 | 15.22% | 0.04% |
| 16 | Harrison Building&Loan Assn | Harrison | A | 94 | 16.44% | 0.63% |
| 17 | First Nb of Blanchester | Blanchester | A | 94 | 22.06% | 0.13% |
| 18 | Citizens Nb of Woodsfield | Woodsfield | A | 94 | 21.84% | 0.10% |
| 19 | Andover Bank | Andover | A | 93 | 22.47% | 0.24% |
| 20 | First Nb of Mcconnelsville | Mcconnelsville | A | 93 | 16.15% | 0.62% |
Bank Health Scores for Ohio are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Trust Co of Toledo NA in Holland is currently the safest bank in Ohio with a score of 100/100 (Grade A). It posts a Tier 1 capital ratio of 100.58% and a nonperforming loan ratio of 0.00%.
Ohio has 144 FDIC-insured banks with a combined $4.9T in total assets. The average Bank Health Score across the state is 80/100 (Grade A).
Ohio's average Bank Health Score of 80/100 is 0.0 points in line with the national average of 80/100. 90% of banks in Ohio earn an A or B grade, compared with the national average grade of A.
Of 144 FDIC-insured banks headquartered in Ohio, 78 earn an A, 51 a B, 15 a C, 0 a D, and 0 an F. The most common grade is A.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).