This institution is no longer active

Operations ceased on April 1, 1995. CRA examination history below reflects the period it was active.

THE BANK OF MYSTIC

MYSTIC, CT · Supervised by FDIC

Est. 1987FDIC #26,992RSSD: FDIC-26992

Satisfactory

Current rating · Exam: November 1993

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -5.46%

Institution Profile

FDIC BankFind

Address

12 Roosevelt Avenue, Mystic Packer Building, MYSTIC, CT

County

New London County

Established

June 19, 1987

Total Assets

$66M(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 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 Q1 1995Call Report / FDIC

Total Assets

$66M

Total Deposits

$60M

Net Loans

$48M

Net Income

$-933K

ROA

-5.46%

ROE

-78.29%

Risk-Based Capital

11.07%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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