Western Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 09/29/1907.
With assets of $276.66 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: January 9, 2023
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
January 9, 2023
Satisfactory
November 27, 2017
Satisfactory
September 10, 2012
Outstanding
June 18, 2007
Outstanding
June 17, 2002
Outstanding
June 9, 1997
Outstanding
March 25, 1996
Satisfactory
💰 Financial Strength
Total Assets$276.66 Million
Total Deposits$243.55 Million
Equity Capital$29.57 Million
Net Income$4.10 Million
📈 Performance
ROA1.94%
ROE19.60%
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.