This institution is no longer active

Operations ceased on September 30, 2010. CRA examination history below reflects the period it was active.

MOREBANK

PHILADELPHIA, PA · Supervised by FDIC

Est. 2006FDIC #57,871RSSD: FDIC-57871

Satisfactory

Current rating · Exam: August 2008

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -0.75%

Institution Profile

FDIC BankFind

Address

470 West Cheltenham Avenue, PHILADELPHIA, PA

County

Philadelphia County

Established

March 1, 2006

Total Assets

$72M(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

August 1, 2008

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 17 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 Q2 2010Call Report / FDIC

Total Assets

$72M

Total Deposits

$61M

Net Loans

$50M

Net Income

$-268K

ROA

-0.75%

ROE

-11.51%

Risk-Based Capital

10.26%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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