Bank Of Alma is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in June 20, 1986.
With assets of $308.01 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 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
July 1, 2023
Satisfactory
April 1, 2020
Satisfactory
May 1, 2014
Satisfactory
January 5, 2009
Satisfactory
May 5, 2003
Satisfactory
May 1, 1998
Satisfactory
May 1, 1995
Outstanding
January 1, 1994
Outstanding
October 1, 1991
Outstanding
💰 Financial Strength
Total Assets$308.01 Million
Total Deposits$163.33 Million
Equity Capital$143.23 Million
Net Income$6.10 Million
📈 Performance
ROA2.69%
ROE5.80%
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.