THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and as protection for accountholders during periods of economic instability for the bank. Therefore, when it comes to measuring an a bank's financial strength, capital is useful. When it comes to safety and soundness, the higher the capital, the better.
On our test to measure capital adequacy, Eastbank, National Association achieved a score of 26 out of a possible 30 points, exceeding the national average of 13.38.
One important measure of this buffer is a bank's Tier 1 capital ratio. Eastbank, National Association's Tier 1 capital ratio was 22.66 percent, above the 6 percent level regulators consider adequate, but below the national average of 25.16 percent. A higher capital ratio suggests the bank will be better able to stand up to financial difficulties.
Overall, Eastbank, National Association held equity amounting to 17.31 percent of its assets, which exceeded the national average of 12.10 percent.