Southeastern Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1889.
With assets of $592.57 Million, it operates 10 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 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
November 1, 2024
Satisfactory
October 1, 2021
Satisfactory
November 1, 2018
Satisfactory
January 1, 2016
Satisfactory
January 1, 2013
Satisfactory
September 1, 2009
Satisfactory
March 1, 2006
Satisfactory
November 1, 2002
Satisfactory
January 1, 2000
Satisfactory
August 1, 1997
Satisfactory
October 1, 1995
Satisfactory
September 1, 1993
Satisfactory
April 1, 1991
Satisfactory
💰 Financial Strength
Total Assets$592.57 Million
Total Deposits$535.20 Million
Equity Capital$54.23 Million
Net Income$7.69 Million
📈 Performance
ROA1.65%
ROE18.62%
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.