22nd State Bank
FDIC #16910
📍 Louisville, Alabama
22nd State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1917. With assets of $254.11 Million, it operates 4 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2019
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
February 1, 2019
Satisfactory
August 1, 2013
Satisfactory
May 5, 2008
Satisfactory
💰 Financial Strength
Total Assets$254.11 Million
Total Deposits$203.11 Million
Equity Capital$25.89 Million
Net Income$1.29 Million
📈 Performance
ROA0.74%
ROE6.67%
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.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1917
FDIC Cert16910
Holding CoFeb Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2020
Name Change
Name became: Changed Institution Name To 22nd State Bank.
2018
Name Change
Name became: Changed Institution Name To First Exchange Bank Of Alabama.
2015
Relocation
Moved HQ to: 1920 Main Street, Louisville, AL 36048.