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This institution is no longer active

Operations ceased on October 1, 2019. CRA examination history below reflects the period it was active.

FRIENDS BANK

NEW SMYRNA BEACH, FL · Supervised by FDIC

Est. 2000FDIC #35,376RSSD: FDIC-35376
Satisfactory

Current rating · Exam: January 2019

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Institution Profile

FDIC BankFind

Address

2222 State Road 44, NEW SMYRNA BEACH, FL

County

Volusia County

Established

May 15, 2000

Total Assets

$99M(latest call report)

Financial Snapshot

As of Q3 2019Call Report / FDIC

Total Assets

$99M

Total Deposits

$87M

Net Loans

$69M

Net Income

$379K

ROA

0.52%

ROE

4.76%

Risk-Based Capital

14.48%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

January 1, 2019

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

3 previous ratings locked — dating back to 2002

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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