🏦Bank Scorer

This institution is no longer active

Operations ceased on February 19, 1993. CRA examination history below reflects the period it was active.

SUMMIT BANK OF INDIANAPOLIS

INDIANAPOLIS, IN · Supervised by FDIC

Est. 1988FDIC #27,396RSSD: FDIC-27396
Part ofFIRST CHICAGO NBD CORP→ View all charters
Outstanding

Current rating · Exam: July 1991

At a Glance

Community Lending (CRA)

Outstanding

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

Financial Health

Needs Attention

ROA -1.04%

Is this bank safe?

SUMMIT BANK OF INDIANAPOLIS earned an Outstanding CRA rating (1991), shows financial metrics that merit closer review (ROA -1.04%). Consumers may want to review the details below before banking here.

Institution Profile

FDIC BankFind

Address

110 East Washington Street, INDIANAPOLIS, IN

County

Marion County

Established

December 2, 1988

Total Assets

$280M(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

July 27, 1991

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 34 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 Q4 1992Call Report / FDIC

Total Assets

$280M

Total Deposits

$238M

Net Loans

$207M

Net Income

$-2,958K

ROA

-1.04%

Below avg for Small banks. Peer avg: 0.44%

ROE

-10.69%

Risk-Based Capital

12.75%

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).

ROA-1.04%Peer avg: 0.44%▼ Below avg
Risk-Based Capital12.75%Peer avg: 23.03%▼ Below avg

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

This is the only examination on record for this bank.

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