This institution is no longer active

Operations ceased on October 26, 2007. CRA examination history below reflects the period it was active.

FORTRESS BANK OF CRESCO

CRESCO, IA · Supervised by FDIC

Est. 1996FDIC #34,223RSSD: FDIC-34223

Part ofMERCHANTS&MANUFACTURERS BCORP→ View all charters

Satisfactory

Current rating · Exam: September 2007

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.68%

Institution Profile

FDIC BankFind

Address

126 2nd Avenue Se, CRESCO, IA

County

Howard County

Established

August 19, 1996

Total Assets

$82M(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

September 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 Q3 2007Call Report / FDIC

Total Assets

$82M

Total Deposits

$63M

Net Loans

$56M

Net Income

$416K

ROA

0.68%

ROE

5.66%

Risk-Based Capital

10.88%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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