The First National Bank of Wakefield

The First National Bank of Wakefield is a currently active other specialized under 1 billion banking institution headquartered in Wakefield, Michigan. Established in 01/01/1910, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, The First National Bank of Wakefield manages $53.3M in total assets and holds $48.4M in customer deposits. When evaluating the stability of The First National Bank of Wakefield, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 9.03%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.62%, while its Return on Equity (ROE) sits at 6.79%. These metrics result in a moderate health score of 7.5 out of 10, suggesting standard financial stability and adequate capital levels in line with industry averages.