Bristol Morgan Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1901.
With assets of $161.81 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 10, 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 10, 2023
Satisfactory
April 22, 2019
Satisfactory
March 9, 2015
Satisfactory
January 24, 2011
Satisfactory
January 22, 2007
Satisfactory
January 14, 2002
Satisfactory
January 6, 1997
Outstanding
💰 Financial Strength
Total Assets$161.81 Million
Total Deposits$123.68 Million
Equity Capital$18.45 Million
Net Income$1.22 Million
📈 Performance
ROA0.96%
ROE8.89%
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.