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Community Reinvestment Act (CRA) Rating
Latest Exam: December 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
December 1, 2023
Satisfactory
November 1, 2020
Outstanding
๐ฐ Financial Strength
Total Assets$922.64 Million
Total Deposits$691.71 Million
Equity Capital$171.80 Million
Net Income$12.00 Million
๐ Performance
ROA1.82%
ROE11.65%
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.