This institution is no longer active

Operations ceased on June 30, 1999. CRA examination history below reflects the period it was active.

KOREA FIRST BANK

CHICAGO, IL · Supervised by FDIC

Est. 1929FDIC #33,668RSSD: FDIC-33668

Satisfactory Same

Current rating · Exam: May 1997

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.00%

Institution Profile

FDIC BankFind

Address

205 North Michigan Avenue, Suite 915, CHICAGO, IL

County

Cook County

Established

July 1, 1929

Total Assets

$52M(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

Satisfactory

Meets federal requirements for community lending

Exam Date

May 1, 1997

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 29 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 Q3 1998Call Report / FDIC

Total Assets

$52M

Total Deposits

—

Net Loans

$25M

ROA

0.00%

Below avg for Small banks. Peer avg: 0.44%

Risk-Based Capital

0.00%

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).

ROA0.00%Peer avg: 0.44%▼ Below avg

Risk-Based Capital0.00%Peer avg: 23.03%▼ Below avg

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

Rating History

CRA / FFIEC

Rating Trend

↑ Improving

Based on last 3 exams

Exam Date	Rating	Exam Type
May 1997	Satisfactory	Small Bank
Jun 1993	Satisfactory	Not Reported
Dec 1991	Needs to Improve	Not Reported

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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