This institution is no longer active

Operations ceased on January 1, 2009. CRA examination history below reflects the period it was active.

FAMILY MERCHANTS BANK

CEDAR RAPIDS, IA · Supervised by FDIC

Est. 2005FDIC #58,028RSSD: FDIC-58028

Part ofKERNDT BANK SERVICES INC→ View all charters

Satisfactory

Current rating · Exam: July 2007

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -2.17%

Institution Profile

FDIC BankFind

Address

600 Boyson Road Northeast, CEDAR RAPIDS, IA

County

Linn County

Established

June 1, 2005

Total Assets

$37M(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

Satisfactory

Meets federal requirements for community lending

Exam Date

July 1, 2007

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 18 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 2008Call Report / FDIC

Total Assets

$37M

Total Deposits

$24M

Net Loans

$22M

Net Income

$-821K

ROA

-2.17%

ROE

-15.12%

Risk-Based Capital

11.75%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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