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This institution is no longer active

Operations ceased on May 22, 1992. CRA examination history below reflects the period it was active.

POWDER MILL BANK

MORRIS PLAINS, NJ · Supervised by FDIC

Est. 1987FDIC #27,001RSSD: FDIC-27001
Satisfactory

Current rating · Exam: November 1991

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -2.13%

Institution Profile

FDIC BankFind

Address

51 Gibraltar Drive, MORRIS PLAINS, NJ

County

Morris County

Established

June 29, 1987

Total Assets

$50M(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

November 23, 1991

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 34 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 Q1 1992Call Report / FDIC

Total Assets

$50M

Total Deposits

$48M

Net Loans

$38M

Net Income

$-277K

ROA

-2.13%

ROE

-105.67%

Risk-Based Capital

3.65%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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