Total Assets
$342M
Total balance-sheet footings
FDIC Cert #10639 · Gothenburg, Nebraska · Est. 1902
Flatwater Bank - FDIC Bank Health Profile
A community-scale look at Flatwater Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $342M
- Total assets
- B
- Health grade · Good
- 1.49%
- Return on assets
- 9.5%
- Tier 1 capital
Data updated July 2026
The verdict
Flatwater Bank earns a PlainBankData health grade of B (66/100), with 9.49% Tier 1 capital, profitable at 1.49% ROA, efficient (55% cost ratio).
- #2,314
- largest of 4,313 FDIC banks by assets
- 46th
- percentile by asset size, nationally
- 9.49%
- Tier 1 ratio - below the 10% well-capitalized line
- 74th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Flatwater Bank's 66/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Flatwater Bank's composite health score
Tier 1 Capital Ratio (9.49%) 18/40
Return on Assets (ROA) (1.49%) 20/25
Texas Ratio (12.02%) 16/20
Efficiency Ratio (54.86%) 12/15
66 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$295M
Customer-funded liabilities
Net Loans
$257M
Outstanding loan book
Net Income
$5M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Flatwater Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Flatwater Bank's score of 66/100 falls in the highlighted band.
Flatwater Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Flatwater Bank's $342M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
9.49% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
9.49%
Texas Ratio
12.02%
Equity Capital
$29M
Profitability metrics
Return on Assets (ROA)
74th percentile nationally
1.49%
Return on Equity (ROE)
17.59%
Efficiency Ratio
54.86%
What the numbers say about Flatwater Bank
Flatwater Bank is an FDIC-insured institution (Certificate #10639) headquartered in Gothenburg, Nebraska, established in 1902. It holds $342M in total assets - 2,314th of 4,313 FDIC-insured banks, $295M in customer deposits, and $257M in net loans. Looking at capital strength, Tier 1 stands at 9.49%, under the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 12.02%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of B (66/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Nebraska, Flatwater Bank ranks 59th of 142 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$19M
Interest Income
$3M
Non-Interest Income
$8M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Flatwater Bank reports a Texas Ratio of 12.02% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
12.02% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Nebraska by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Flatwater Bank (FDIC Cert #10639) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Nebraska
All Nebraska banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| First National Bank of OmahaOmaha | $34.6B | A | 1.51% |
| Union Bank and Trust CompanyLincoln | $9.1B | A | 1.60% |
| Pinnacle BankLincoln | $8.9B | A | 1.26% |
| American National BankOmaha | $5.2B | A | 1.32% |
| Cornerstone BankYork | $2.8B | B | 1.11% |
| Security First BankLincoln | $2.2B | B | 0.90% |
| Five Points BankGrand Island | $2.1B | A | 1.47% |
| Security National Bank of OmahaOmaha | $1.7B | A | 1.28% |
Frequently asked questions
What is Flatwater Bank's health grade?▼
Flatwater Bank receives a health grade of B (66/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Flatwater Bank?▼
Flatwater Bank holds $342M in total assets and $295M in deposits, ranking 2,314th of 4,313 FDIC-insured banks by asset size. It is headquartered in Gothenburg, Nebraska.
Is my money safe at Flatwater Bank?▼
Yes, deposits at Flatwater Bank (Certificate #10639) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Flatwater Bank's Tier 1 Capital Ratio?▼
Flatwater Bank has a Tier 1 Capital Ratio of 9.49%. The federal "well-capitalized" threshold is 10%. This bank meets the minimum 6% "adequately capitalized" standard.
What is the Texas Ratio for Flatwater Bank?▼
Flatwater Bank has a Texas Ratio of 12.02%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Flatwater Bank?▼
Flatwater Bank has an Efficiency Ratio of 54.86%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Flatwater Bank's profile as a depositor or analyst.
- Flatwater Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Flatwater Bank against other Nebraska banks before moving funds. Nebraska banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.