Waldo State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1913.
With assets of $121.89 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 1, 2019
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, 2019
Satisfactory
February 1, 2014
Satisfactory
January 5, 2009
Satisfactory
July 1, 2003
Satisfactory
June 1, 1998
Satisfactory
March 1, 1995
Satisfactory
June 1, 1992
Satisfactory
💰 Financial Strength
Total Assets$121.89 Million
Total Deposits$95.16 Million
Equity Capital$11.63 Million
Net Income$377,000
📈 Performance
ROA0.44%
ROE4.28%
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.