This institution is no longer active

Operations ceased on February 21, 1994. CRA examination history below reflects the period it was active.

NEW RIVER BANK

OAKLAND PARK, FL · Supervised by FDIC

Est. 1989FDIC #32,650RSSD: FDIC-32650

Needs to Improve Up

Current rating · Exam: September 1993

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At a Glance

Community Lending (CRA)

Needs to Improve

Has deficiencies in community lending that regulators have identified

Financial Health

Adequate

ROA 0.40%

Institution Profile

FDIC BankFind

Address

2901 West Oakland Park Boulevard, OAKLAND PARK, FL

County

Broward County

Established

May 4, 1989

Total Assets

$27M(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

September 1, 1993

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 32 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 1993Call Report / FDIC

Total Assets

$27M

Total Deposits

$22M

Net Loans

$13M

Net Income

$117K

ROA

0.40%

ROE

2.62%

Risk-Based Capital

40.81%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Rating History

CRA / FFIEC

Rating Trend

↑ Improving

Based on last 2 exams

1 previous rating locked — dating back to 1992

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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