The Bank Of Clovis is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in October 16, 2000.
With assets of $315.58 Million, it operates 7 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
March 1, 2019
Satisfactory
December 1, 2012
Satisfactory
January 7, 2008
Satisfactory
December 1, 2002
Satisfactory
💰 Financial Strength
Total Assets$315.58 Million
Total Deposits$258.53 Million
Equity Capital$23.43 Million
Net Income$2.63 Million
📈 Performance
ROA1.13%
ROE14.88%
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.