Blue Sky Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 11/23/1905.
With assets of $1.06 Billion, it operates 16 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: September 20, 2021
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
September 20, 2021
Satisfactory
June 5, 2017
Satisfactory
March 11, 2013
Satisfactory
March 9, 2009
Satisfactory
June 1, 2005
Satisfactory
April 1, 1999
Outstanding
August 1, 1997
Satisfactory
September 1, 1994
Satisfactory
December 1, 1992
Satisfactory
October 1, 1991
Satisfactory
๐ฐ Financial Strength
Total Assets$1.06 Billion
Total Deposits$938.00 Million
Equity Capital$97.88 Million
Net Income$13.12 Million
๐ Performance
ROA1.74%
ROE17.96%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.