This institution is no longer active

Operations ceased on June 30, 1998. CRA examination history below reflects the period it was active.

BAY LOAN AND INVESTMENT BANK

EAST GREENWICH, RI · Supervised by FDIC

Est. 1985FDIC #26,334RSSD: FDIC-26334

Needs to Improve

Current rating · Exam: April 1990

CompareWatch

At a Glance

Community Lending (CRA)

Needs to Improve

Has deficiencies in community lending that regulators have identified

Financial Health

Adequate

ROA 3.61%

Institution Profile

FDIC BankFind

Address

414 Main Street, EAST GREENWICH, RI

County

Kent County

Established

August 12, 1985

Total Assets

$13M(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

Needs to Improve

Has deficiencies in community lending that regulators have identified

Exam Date

April 18, 1990

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 36 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 1998Call Report / FDIC

Total Assets

$13M

Total Deposits

$8K

Net Loans

$12M

Net Income

$129K

ROA

3.61%

ROE

3.83%

Risk-Based Capital

107.80%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

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/79be31af-3806-48bf-a2d2-51ea08881457"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: