Ledyard National Bank is a commercial bank, national (federal) charter and fed member, supervised by the occ. established in May 22, 1991.
With assets of $798.89 Million, it operates 11 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: N/A
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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.
💰 Financial Strength
Total Assets$798.89 Million
Total Deposits$597.61 Million
Equity Capital$66.19 Million
Net Income$3.79 Million
📈 Performance
ROA0.67%
ROE7.55%
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.