Overview / Commentary
Flatwater Bank is headquartered in Gothenburg and is the 62nd largest bank in the state of Nebraska. It is also the 2,741st largest bank in the nation. It was established in 1902 and as of December of 2019, it had grown to 33 employees at 3 locations. Flatwater Bank has a B health rating.
Health
B
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10639 |
| Year Established | 1902 |
| Employees | 33 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.28% |
| Return on Equity - YTD | 11.88% |
| Annual Interest Income | $10.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $217.1MM$196.3MM |
| Loans | Q4 2019vs Q4 2018 | $147.6MM$145.5MM |
| Deposits | Q4 2019vs Q4 2018 | $176.5MM$155.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $24.1MM$20.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.7MM$2.3MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $5.5MM$1.0MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |