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BankHealth

QUONTIC BANK

ASTORIA, NEW YORK · FDIC Cert #57807

F
Health Score
14/100
$621M
Total Assets
$512M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

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

Key Financial Metrics

4.51%
Nonperforming Loans
High — significant loan problems
15.12%
Liquidity Ratio
Adequate liquidity
-0.16%
Return on Assets
Negative — losing money
$512M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

QUONTIC BANK shows some financial weakness with a Health Score of 14/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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

QUONTIC BANK has a Bank Health Score of F (14/100). 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.

QUONTIC BANK holds $621M in total assets and $512M in total deposits. It is located in ASTORIA, NEW YORK (FDIC Certificate #57807).

QUONTIC BANK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 4.51%, and the return on assets is -0.16%.

Yes. QUONTIC BANK is FDIC-insured (Certificate #57807). 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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