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Community Reinvestment Act (CRA) Rating
Latest Exam: March 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
March 1, 2024
Satisfactory
December 1, 2020
Satisfactory
September 1, 2017
Satisfactory
๐ฐ Financial Strength
Total Assets$966.58 Million
Total Deposits$860.75 Million
Equity Capital$90.95 Million
Net Income$10.11 Million
๐ Performance
ROA1.36%
ROE14.73%
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.