Bank Safety Analysis
Is State Bank of Bellingham Safe?
State Bank of Bellingham shows stress on 1 of 5 regulatory safety dimensions and is currently outside well-capitalized thresholds on at least one measure. Analysis based on the Q3 2026 call report.
Noncurrent loans to total loans climbed 2.26 percentage points in Q3 2026, from 0.04% to 2.30%. It was the largest change from Q2 2026 among the key lines here. On CET1 ratio, State Bank of Bellingham ranks 14th highest among the 161 banks headquartered in Minnesota, at 25.13% (Q3 2026). The median for banks in the < $100M asset tier is 19.57% on CET1 ratio. State Bank of Bellingham sits 5.57 points higher, at 25.13% (Q3 2026); the peer median is as of Q2 2026. From Q4 2023 to Q3 2026, State Bank of Bellingham's CET1 ratio ranged between 18.26% (Q1 2024) and 25.13% (Q3 2026) and its Texas ratio ranged between 0.22% (Q4 2025) and 17.57% (Q4 2023). Compared with Q3 2025, State Bank of Bellingham's CET1 ratio from 23.11% to 25.13%, noncurrent loans to total loans from 0.05% to 2.30%, Texas ratio from 0.25% to 16.44%, return on assets from 0.28% to -0.43% in Q3 2026.
Data as of · sourced from FFIEC call reports. How we update
A relative risk score, not a calibrated probability: it ranks this bank against every other filer. Model AUC 0.988 (v20261005_114304). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk, and its accuracy above roughly $10B in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: banks with under $100M in assets (536 banks) · Industry averages as of Q2 2026.
CET1 of 25.13% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 15.31% is above the 5% well-capitalized threshold.
Nonperforming loans at 2.30% are elevated; merits closer attention.
Texas Ratio of 16.4% is well below the 100% historical failure threshold.
Efficiency ratio of 110.8% suggests significant cost-to-revenue challenges.
Risk screens
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 25.13% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 16.44% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 2.30% | Flags at 3% or above | Within range |
| Uninsured deposit share BankRegReports band | — | Watch at 50%, concern at 70% | Not reported |
| Loan-to-deposit ratio BankRegReports band | 57.83% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 31.06% | Watch at 200%, concern at 300% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 27.89% | Watch at 10%, concern at 25% | Flagged |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q3 2026 | 25.13% |
| Q2 2026 | 24.33% |
| Q1 2026 | 22.90% |
| Q4 2025 | 21.81% |
| Q3 2025 | 23.11% |
| Q2 2025 | 22.28% |
| Q1 2025 | 19.62% |
| Q4 2024 | 21.73% |
| Q3 2024 | 19.98% |
| Q2 2024 | 19.77% |
| Q1 2024 | 18.26% |
| Q4 2023 | 18.78% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 16.44% |
| Q2 2026 | 9.86% |
| Q1 2026 | 9.46% |
| Q4 2025 | 0.22% |
| Q3 2025 | 0.25% |
| Q2 2025 | 5.93% |
| Q1 2025 | 6.09% |
| Q4 2024 | 0.41% |
| Q3 2024 | 7.81% |
| Q2 2024 | 8.38% |
| Q1 2024 | 17.31% |
| Q4 2023 | 17.57% |
State Bank of Bellingham by quarter
| Quarter end | CET1 | Noncurrent loans | Texas ratio | ROA |
|---|---|---|---|---|
| Sep 30, 2026 | 25.13% | 2.30% | 16.44% | -0.43% |
| Jun 30, 2026 | 24.33% | 0.04% | 9.86% | 0.18% |
| Mar 31, 2026 | 22.90% | 0.05% | 9.46% | 0.25% |
| Dec 31, 2025 | 21.81% | 0.05% | 0.22% | 0.19% |
| Sep 30, 2025 | 23.11% | 0.05% | 0.25% | 0.28% |
| Jun 30, 2025 | 22.28% | 0.06% | 5.93% | 0.20% |
| Mar 31, 2025 | 19.62% | 0.08% | 6.09% | 0.11% |
| Dec 31, 2024 | 21.73% | 0.00% | 0.41% | 1.45% |
| Sep 30, 2024 | 19.98% | 1.39% | 7.81% | 0.77% |
| Jun 30, 2024 | 19.77% | 1.41% | 8.38% | -0.22% |
| Mar 31, 2024 | 18.26% | 2.91% | 17.31% | 0.34% |
| Dec 31, 2023 | 18.78% | 1.55% | 17.57% | 0.68% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is State Bank of Bellingham FDIC insured?
Yes. State Bank of Bellingham is an FDIC-insured commercial bank (FDIC Certificate #17062). Customer deposits are protected up to the standard FDIC insurance limit of $250,000 per depositor, per ownership category.
Is State Bank of Bellingham well capitalized?
Yes. State Bank of Bellingham reports a CET1 Ratio of 25.13%, comfortably above the regulatory well-capitalized threshold that its primary federal regulator, the FDIC, applies under Prompt Corrective Action.
What is State Bank of Bellingham's nonperforming loan ratio?
As of the most recent call report, State Bank of Bellingham's nonperforming loan ratio is 2.30%. Nonperforming loans at 2.30% are elevated; merits closer attention.
What is State Bank of Bellingham's Texas Ratio?
State Bank of Bellingham's Texas Ratio is 16.44%. It compares nonperforming assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
How safe is my money at any FDIC-insured bank?
FDIC insurance covers up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC typically pays insured depositors within one business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 17062) · FFIEC NIC profile (RSSD 272058)
Explore: Full State Bank of Bellingham profile · Other banks in MN · Metric glossary · How the call report works