This institution is no longer active

Operations ceased on September 14, 1996. CRA examination history below reflects the period it was active.

HAWKEYE BANK OF CLAY COUNTY

SPENCER, IA · Supervised by FDIC

Est. 1927FDIC #4,508RSSD: FDIC-4508

Part ofMERCANTILE BCORP INC→ View all charters

Outstanding Same

Current rating · Exam: April 1996

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At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Adequate

ROA 0.62%

Is this bank safe?

HAWKEYE BANK OF CLAY COUNTY earned an Outstanding CRA rating (1996), meets basic financial requirements (ROA +0.62%).

Institution Profile

FDIC BankFind

Address

126 Grand Avenue, SPENCER, IA

County

Clay County

Established

September 1, 1927

Total Assets

$49M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

April 1, 1996

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 30 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 1996Call Report / FDIC

Total Assets

$49M

Total Deposits

$42M

Net Loans

$34M

Net Income

$156K

ROA

0.62%

Above avg for Small banks. Peer avg: 0.44%

ROE

7.41%

Risk-Based Capital

13.47%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA0.62%Peer avg: 0.44%▲ Above avg

Risk-Based Capital13.47%Peer avg: 23.03%▼ Below avg

Unlock peer list → See which specific banks are in this peer group.

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Apr 1996	Outstanding	Small Bank
Sep 1994	Outstanding	Not Reported
Nov 1992	Satisfactory	Not Reported

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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