Total Assets
$19M
Total balance-sheet footings
FDIC Cert #31345 · Hertford, North Carolina · Est. 1923
Hertford Savings Bank, SSB - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $19M
- Total assets
- D
- Health grade · Weak
- -0.08%
- Return on assets
- 11.2%
- Tier 1 capital
Data updated July 2026
The verdict
Hertford Savings Bank, SSB earns a PlainBankData health grade of D (48/100), with well-capitalized at 11.22% Tier 1, -0.08% ROA, 104% efficiency ratio.
- #4,281
- largest of 4,313 FDIC banks by assets
- 1st
- percentile by asset size, nationally
- 11.22%
- Tier 1 ratio - above the 10% well-capitalized line
- 5th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How Hertford Savings Bank, SSB's 48/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Hertford Savings Bank, SSB's composite health score
Tier 1 Capital Ratio (11.22%) 28/40
Return on Assets (ROA) (-0.08%) 0/25
Texas Ratio (1.41%) 20/20
Efficiency Ratio (103.86%) 0/15
48 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$17M
Customer-funded liabilities
Net Loans
$13M
Outstanding loan book
Net Income
$-15K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Hertford Savings Bank, SSB ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Hertford Savings Bank, SSB's score of 48/100 falls in the highlighted band.
Hertford Savings Bank, SSB'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). Hertford Savings Bank, SSB's $19M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.22% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.22%
Texas Ratio
1.41%
Equity Capital
$2M
Profitability metrics
Return on Assets (ROA)
5th percentile nationally
-0.08%
Return on Equity (ROE)
-0.68%
Efficiency Ratio
103.86%
What the numbers say about Hertford Savings Bank, SSB
Hertford Savings Bank, SSB is an FDIC-insured institution (Certificate #31345) headquartered in Hertford, North Carolina, established in 1923. It holds $19M in total assets - 4,281st of 4,313 FDIC-insured banks, $17M in customer deposits, and $13M in net loans. Its capital position: a Tier 1 ratio of 11.22%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 1.41% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of D (48 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Hertford Savings Bank, SSB is a community-scale institution -- 37th of 38 FDIC-insured banks headquartered in North Carolina by asset size. Its modest footprint doesn't diminish its role: community banks this size are typically the primary lender for small local businesses and agricultural borrowers that larger regional banks tend to underserve.
Income & expense breakdown
$950K
Interest Income
$5K
Non-Interest Income
$538K
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Hertford Savings Bank, SSB reports a Texas Ratio of 1.41% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.41% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at Hertford Savings Bank, SSB
Hertford Savings Bank, SSB's grade of D reflects specific pressure points in the FDIC Call Report. The bank reported negative net income of $-15K for the period, a loss that, if sustained, erodes the equity cushion.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Hertford Savings Bank, SSB up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in North Carolina by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Hertford Savings Bank, SSB (FDIC Cert #31345) - 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 North Carolina
All North Carolina banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bank of America, National AssociationCharlotte | $2.64T | A | 1.15% |
| Truist BankCharlotte | $539.5B | A | 1.04% |
| First-Citizens Bank & Trust CompanyRaleigh | $229.3B | B | 1.00% |
| Live Oak Banking CompanyWilmington | $15.1B | C | 0.82% |
| First BankSouthern Pines | $12.7B | A | 0.94% |
| Southern Bank and Trust CompanyMount Olive | $5.2B | A | 1.19% |
| HomeTrust BankAsheville | $4.5B | A | 1.43% |
| The Fidelity BankFuquay Varina | $4.4B | A | 1.74% |
Frequently asked questions
What is Hertford Savings Bank, SSB's health grade?▼
Hertford Savings Bank, SSB receives a health grade of D (48/100) 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 notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Hertford Savings Bank, SSB?▼
Hertford Savings Bank, SSB holds $19M in total assets and $17M in deposits, ranking 4,281st of 4,313 FDIC-insured banks by asset size. It is headquartered in Hertford, North Carolina.
Is my money safe at Hertford Savings Bank, SSB?▼
Yes, deposits at Hertford Savings Bank, SSB (Certificate #31345) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Hertford Savings Bank, SSB's Tier 1 Capital Ratio?▼
Hertford Savings Bank, SSB has a Tier 1 Capital Ratio of 11.22%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Hertford Savings Bank, SSB?▼
Hertford Savings Bank, SSB has a Texas Ratio of 1.41%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Hertford Savings Bank, SSB?▼
Hertford Savings Bank, SSB has an Efficiency Ratio of 103.86%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Hertford Savings Bank, SSB's profile as a depositor or analyst.
- Hertford Savings Bank, SSB's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Hertford Savings Bank, SSB against other North Carolina banks before moving funds. North Carolina 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.