Firstbank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1906.
With assets of $12.47 Billion, it operates 134 domestic branches.
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โ โโโโNicole H
January 07, 2021
[-] Jones Horrified Post!
Community Reinvestment Act (CRA) Rating
Latest Exam: July 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
July 1, 2023
Satisfactory
February 1, 2021
Satisfactory
July 1, 2019
Satisfactory
November 1, 2015
Satisfactory
September 1, 2012
Outstanding
April 1, 2009
Outstanding
October 1, 2005
Outstanding
September 1, 2002
Satisfactory
November 1, 1999
Satisfactory
September 1, 1997
Satisfactory
December 1, 1995
Satisfactory
August 1, 1994
Satisfactory
July 1, 1992
Satisfactory
๐ฐ Financial Strength
Total Assets$12.47 Billion
Total Deposits$10.66 Billion
Equity Capital$1.37 Billion
Net Income$92.85 Million
๐ Performance
ROA0.97%
ROE9.09%
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.