This institution is no longer active

Operations ceased on February 19, 1993. CRA examination history below reflects the period it was active.

SUMMIT BANK OF INDIANAPOLIS

INDIANAPOLIS, IN · Supervised by FDIC

Est. 1988FDIC #27,396RSSD: FDIC-27396

Part ofFIRST CHICAGO NBD CORP→ View all charters

Outstanding

Current rating · Exam: July 1991

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At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Needs Attention

ROA -1.04%

Institution Profile

FDIC BankFind

Address

110 East Washington Street, INDIANAPOLIS, IN

County

Marion County

Established

December 2, 1988

Total Assets

$280M(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

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

July 27, 1991

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️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 Q4 1992Call Report / FDIC

Total Assets

$280M

Total Deposits

$238M

Net Loans

$207M

Net Income

$-2,958K

ROA

-1.04%

ROE

-10.69%

Risk-Based Capital

12.75%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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