This institution is no longer active

Operations ceased on May 1, 2001. CRA examination history below reflects the period it was active.

RESOURCE TRUST COMPANY

MINNEAPOLIS, MN · Supervised by FDIC

Est. 1982FDIC #24,055RSSD: FDIC-24055

Part ofRESOURCE COMPANIES INC THE→ View all charters

Outstanding Up

Current rating · Exam: November 1998

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At a Glance

Community Lending (CRA)

Outstanding

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

Financial Health

Strong

ROA 1.60%

Is this bank safe?

RESOURCE TRUST COMPANY earned an Outstanding CRA rating (1998), is financially strong (ROA +1.60%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

730 Second Avenue South, MINNEAPOLIS, MN

County

Hennepin County

Established

October 13, 1982

Total Assets

$99M(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

November 1, 1998

Exam Type

Wholesale/Limited Purpose

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 27 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 Q1 2001Call Report / FDIC

Total Assets

$99M

Total Deposits

$85M

Net Loans

$61M

Net Income

$423K

ROA

1.60%

Above avg for Small banks. Peer avg: 0.44%

ROE

14.52%

Risk-Based Capital

16.53%

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).

ROA1.60%Peer avg: 0.44%▲ Above avg

Risk-Based Capital16.53%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
Nov 1998	Outstanding	Wholesale/Limited Purpose
Sep 1995	Satisfactory	Not Reported
May 1994	Needs to Improve	Not Reported

1 previous rating locked — back to 1992

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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