CHARTER BANCSHARES INC
Legal name: CHARTER BANCSHARES, INC.
1 active bank · 1 merged/absorbed · $293M combined assets
RSSD ID: 2963556 (FFIEC NIC)
Combined Assets
$293M
CRA Rating Summary
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$293M
1 active bank
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$266M
Net Income
$2M
ROA (avg)
2.41%
asset-weighted avg
Tier 1 Capital (avg)
0%
asset-weighted avg
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
CHARTER BANK
CORPUS CHRISTI, TX · FDIC · $293M
SatisfactoryCHARTER ALLIANCE BANK
Merged 2011CORPUS CHRISTI, TX · FDIC · $18M
Needs to Improve
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| CHARTER BANK | CORPUS CHRISTI, TX | FDIC | $293M | 100.0% | Satisfactory | Nov 2020 |
| CHARTER ALLIANCE BANKMerged 2011 | CORPUS CHRISTI, TX | FDIC | $18M | — | Needs to Improve | Sep 2010 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.