Bank Safety Analysis
Is Bank of the Federated States of Micronesia Safe?
Based on its Q2 2026 call report, Bank of the Federated States of Micronesia meets every capital ratio test for well capitalized, its Texas ratio is 18.22%, and its deposits are FDIC insured up to $250,000 per depositor.
BankRegReports is independent of Bank of the Federated States of Micronesia and never asks for online banking logins or passwords.
Short answer: is Bank of the Federated States of Micronesia safe?
On its Q2 2026 call report, Bank of the Federated States of Micronesia's CET1 ratio is 47.46%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q2 2026): 47.46%
- Tier 1 leverage ratio (Q2 2026): 12.47%
- Texas ratio (Q2 2026): 18.22%
- Noncurrent loans ratio (Q2 2026): 9.98%
Bank of the Federated States of Micronesia is an FDIC-insured commercial bank (FDIC Certificate #26539). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report Bank of the Federated States of Micronesia (FDIC Certificate #26539) filed for the quarter ended June 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
Bank of the Federated States of Micronesia is outside the pass range on 1 of 5 safety dimensions: asset quality. Capital and leverage are above their regulatory minimums. The failed band is a BankRegReports band, not a supervisory threshold. 1 risk screen is flagged: non-performing loan ratio.
Nonperforming loan ratio (nonaccrual plus 90+ days past due) climbed 5.20 percentage points in Q2 2026, from 4.77% to 9.98%. It was the largest change from Q1 2026 among the key lines here. Against a median of 15.08% for banks in the $100M-1B asset tier, Bank of the Federated States of Micronesia reported 47.46% on CET1 ratio in Q2 2026, 32.38 points higher. From Q3 2023 to Q2 2026, Bank of the Federated States of Micronesia's CET1 ratio ranged between 44.34% (Q4 2023) and 49.77% (Q1 2025) and its Texas ratio ranged between 1.38% (Q4 2024) and 18.22% (Q2 2026). Between Q2 2025 and Q2 2026, Bank of the Federated States of Micronesia's CET1 ratio fell from 47.47% to 47.46%, nonperforming loan ratio (nonaccrual plus 90+ days past due) rose from 1.41% to 9.98%, Texas ratio rose from 2.56% to 18.22% and return on assets fell from 1.66% to 1.52%.
Other consumer loans are its largest loan category, $18.7M of $62.5M in total loans on its June 30, 2026 call report. Against the 2,757 banks with $100M to $1B in assets for Q2 2026, Bank of the Federated States of Micronesia's CET1 ratio of 47.46% is above the 15.08% median, Tier 1 leverage ratio of 12.47% is above the 10.95% median, nonperforming loans ratio of 9.98% is above the 0.41% median, Texas ratio of 18.22% is above the 2.65% median, and efficiency ratio of 62.28% is above the 61.41% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
Held-out test AUC 0.910 for the 1-year horizon (v20261026_025757). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety.
How does Bank of the Federated States of Micronesia score on capital, credit and costs?
Peer cohort: $100M to $1B (2,660 banks) · Industry averages as of Q2 2026.
Median of the 2,757 banks with $100M to $1B in assets, Q2 2026: 15.08%.
Median of the 2,757 banks with $100M to $1B in assets, Q2 2026: 10.95%.
Median of the 2,757 banks with $100M to $1B in assets, Q2 2026: 0.41%.
Median of the 2,757 banks with $100M to $1B in assets, Q2 2026: 2.65%.
Median of the 2,757 banks with $100M to $1B in assets, Q2 2026: 61.41%.
Does Bank of the Federated States of Micronesia trip any risk screens?
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | 47.46% | Within range |
| Texas ratio BankRegReports band | 18.22% | Within range |
| Non-performing loan ratio BankRegReports band | 9.98% | Flagged |
| Uninsured deposit share BankRegReports band | — | Not reported |
| Loan-to-deposit ratio BankRegReports band | 25.49% | Within range |
| Commercial real estate to capital supervisory threshold | 44.20% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Within range |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 47.46% |
| Q1 2026 | 49.00% |
| Q4 2025 | 48.78% |
| Q3 2025 | 47.69% |
| Q2 2025 | 47.47% |
| Q1 2025 | 49.77% |
| Q4 2024 | 47.58% |
| Q3 2024 | 46.81% |
| Q2 2024 | 46.73% |
| Q1 2024 | 45.75% |
| Q4 2023 | 44.34% |
| Q3 2023 | 44.62% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 18.22% |
| Q1 2026 | 8.39% |
| Q4 2025 | 6.17% |
| Q3 2025 | 2.54% |
| Q2 2025 | 2.56% |
| Q1 2025 | 2.46% |
| Q4 2024 | 1.38% |
| Q3 2024 | 1.41% |
| Q2 2024 | 1.87% |
| Q1 2024 | 1.81% |
| Q4 2023 | 3.98% |
| Q3 2023 | 6.24% |
Loans by type, Q2 2026
- Other consumer loans: $18.7M
- Commercial and industrial loans: $11.7M
- Owner-occupied commercial real estate loans: $10.1M
- Multifamily loans: $7.5M
- 1-4 family residential loans: $6.0M
- Auto loans: $2.9M
- Construction and land development loans: $2.7M
- Non-owner-occupied commercial real estate loans: $2.6M
How have Bank of the Federated States of Micronesia's safety ratios changed?
| Quarter end | Total assets | CET1 | Leverage | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | $278.4M | 47.46% | 12.47% | 9.98% | 18.22% | 62.28% |
| Mar 31, 2026 | $264.6M | 49.00% | 13.00% | 4.77% | 8.39% | 66.12% |
| Dec 31, 2025 | $270.9M | 48.78% | 13.16% | 3.45% | 6.17% | 69.00% |
| Sep 30, 2025 | $265.9M | 47.69% | 12.49% | 1.41% | 2.54% | 58.43% |
| Jun 30, 2025 | $273.4M | 47.47% | 12.76% | 1.41% | 2.56% | 60.90% |
| Mar 31, 2025 | $246.2M | 49.77% | 13.62% | 1.40% | 2.46% | 62.47% |
| Dec 31, 2024 | $249.2M | 47.58% | 13.82% | 0.73% | 1.38% | 66.95% |
| Sep 30, 2024 | $235.7M | 46.81% | 13.94% | 0.76% | 1.41% | 61.40% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Bank of the Federated States of Micronesia FDIC insured?
Yes. Bank of the Federated States of Micronesia is an FDIC-insured commercial bank (FDIC Certificate #26539). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is Bank of the Federated States of Micronesia well capitalized?
On its Q2 2026 call report, Bank of the Federated States of Micronesia's CET1 ratio is 47.46%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are Bank of the Federated States of Micronesia's key safety ratios?
For Q2 2026, Bank of the Federated States of Micronesia reports CET1 47.46%, leverage 12.47%, Texas ratio 18.22%, noncurrent loans 9.98%. Its Texas ratio compares with the 2.65% median for the 2,757 banks with $100M to $1B in assets.
What happens to my deposits if Bank of the Federated States of Micronesia fails?
For Q2 2026, Bank of the Federated States of Micronesia reported $245.4M in total deposits. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Free to use. It shows Bank of the Federated States of Micronesia’s latest filed figures and updates each quarter.
Where does this data come from?
Not investment advice. See the full Bank of the Federated States of Micronesia profile.
How we score this
Capital categories follow Prompt Corrective Action (12 CFR 324.403): well capitalized at a CET1 ratio of 6.5%, Tier 1 risk-based 8%, total risk-based 10% and Tier 1 leverage 5%; adequately capitalized at 4.5%, 6%, 8% and 4%. A community bank may elect the community bank leverage ratio instead.
CET1 Ratio: Common equity tier 1 (CET1) capital, mostly common stock and retained earnings, divided by risk-weighted assets. Pass ≥ 7.0% (well-capitalized plus buffer), fail < 4.5% (below minimum).
Tier 1 Leverage Ratio: Tier 1 capital divided by average total assets, with no risk weighting. Pass ≥ 5.0% (well-capitalized), fail < 4.0% (below minimum).
Nonperforming Loans (NPL) Ratio: Nonaccrual loans plus loans 90 or more days past due, divided by total loans. Pass < 1.5%, fail > 3.0%.
Texas Ratio: Problem assets (nonaccrual loans, loans 90+ days past due and still accruing, and OREO, net of U.S. government-guaranteed portions) divided by tangible equity plus the allowance for credit losses. Pass < 50%, fail > 100% (historical failure threshold).
Efficiency Ratio: Noninterest expense divided by revenue (net interest income plus noninterest income). Pass ≤ 75% (lower is better), fail ≥ 90%.
Risk screens, beyond those bands: Uninsured deposit share watch at 50%, concern at 70%; Loan-to-deposit ratio flags at 100% or above; Commercial real estate to capital watch at 200%, concern at 300%; Held-to-maturity unrealized loss to equity watch at 10%, concern at 25%; NPL, Texas ratio and efficiency bands are ours.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 26539) · FFIEC NIC profile (RSSD 718275)
Explore: Full Bank of the Federated States of Micronesia profile · Metric glossary · How the call report works