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This institution is no longer active

Operations ceased on February 25, 2000. CRA examination history below reflects the period it was active.

KOREA FIRST BANK OF NEW YORK

NEW YORK CITY, NY · Supervised by FDIC

Est. 1984FDIC #24,918RSSD: FDIC-24918
Part ofKOREA FIRST BANK→ View all charters
Satisfactory Same

Current rating · Exam: March 2000

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -2.31%

Institution Profile

FDIC BankFind

Address

29 West 30th Street, NEW YORK CITY, NY

County

New York County

Established

January 25, 1984

Total Assets

$76M(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

March 1, 2000

Exam Type

Small Bank

Regulator

FDIC
What is a CRA rating? →
⚠️This exam is 26 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 1999Call Report / FDIC

Total Assets

$76M

Total Deposits

$65M

Net Loans

$37M

Net Income

$-2,546K

ROA

-2.31%

ROE

-23.29%

Risk-Based Capital

22.46%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

4 previous ratings locked — dating back to 1991

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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