This institution is no longer active
Operations ceased on December 13, 1991. CRA examination history below reflects the period it was active.
At a Glance
Community Lending (CRA)
Outstanding
Exceeds federal requirements for lending in low- and moderate-income communities
Financial Health
Needs Attention
ROA -0.37%
Is this bank safe?
SUMMIT BANK OF SOUTH BEND earned an Outstanding CRA rating (1990), shows financial metrics that merit closer review (ROA -0.37%). Consumers may want to review the details below before banking here.
Institution Profile
FDIC BankFindAddress
County
Established
Total Assets
Community Reinvestment Rating
CRA / FFIECFederal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.
Overall Rating
Exceeds federal requirements for lending in low- and moderate-income communities
Exam Date
Exam Type
Regulator
Financial Snapshot
Total Assets
$24M
Total Deposits
$21M
Net Loans
$12M
Net Income
$-61K
ROA
-0.37%
Below avg for Small banks. Peer avg: 0.44%
ROE
-3.67%
Risk-Based Capital
18.12%
Below avg for Small banks. Regulatory min: 8%
Total Assets — Last 8 Quarters
Peer Comparison
Small banksCompared to the peer-bank Small peer group (same asset tier).
Unlock peer list → See which specific banks are in this peer group.
This is the only examination on record for this bank.
Embed this rating
Copy this snippet to embed a live rating badge on your website:
<iframe src="https://bankscorer.com/widget/bank/summit-bank-of-south-bend" width="320" height="80" frameborder="0" scrolling="no" style="border:none" ></iframe>
Updates automatically when the rating changes.
Preview: