This institution is no longer active

Operations ceased on March 16, 1991. CRA examination history below reflects the period it was active.

SUMMIT BANK

PLANTATION, FL · Supervised by FDIC

Est. 1989FDIC #27,511RSSD: FDIC-27511

Satisfactory

Current rating · Exam: August 1990

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.07%

Institution Profile

FDIC BankFind

Address

1380 North University Drive, PLANTATION, FL

County

Broward County

Established

June 5, 1989

Total Assets

$20M(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 14, 1990

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 35 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 1990Call Report / FDIC

Total Assets

$20M

Total Deposits

$14M

Net Loans

$2M

Net Income

$15K

ROA

0.07%

ROE

0.35%

Risk-Based Capital

76.86%

Regulatory minimum: 8%

Total Assets — Last 7 Quarters

Total AssetsROA

This is the only examination on record for this bank.

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/7478bc69-4ef5-4a01-ac4b-a06d460082c9"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: