Premier Community Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 02/24/1941.
With assets of $488.21 Million, it operates 11 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2024
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
April 1, 2024
Satisfactory
April 1, 2021
Satisfactory
May 1, 2018
Satisfactory
March 1, 2015
Satisfactory
November 1, 2013
Satisfactory
August 3, 2009
Satisfactory
January 1, 2004
Satisfactory
December 1, 1997
Outstanding
May 1, 1994
Outstanding
August 1, 1991
Outstanding
💰 Financial Strength
Total Assets$488.21 Million
Total Deposits$420.03 Million
Equity Capital$28.82 Million
Net Income$2.54 Million
📈 Performance
ROA0.72%
ROE11.24%
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.