Total Branches in Florida: 1
Ipava State Bank is a significant financial presence in Florida. The bank maintains **1** branches across the state, with a total of **$2,103,000** in deposits as of the latest FDIC Summary of Deposits survey. This translates to approximately **$0.09** in deposits per Florida resident and a bank density of about **0.00** branches per 100,000 people. Additionally, with total assets of **$202,823,000**, the bank has approximately **$8.69** in assets per Florida resident.
The Community Reinvestment Act (CRA) rating reflects the bank's record of meeting the credit needs of its community, including low- and moderate-income areas. The ratings are: **Outstanding**, **Satisfactory**, **Needs to Improve**, and **Substantial Noncompliance**.
Rating: Satisfactory
Date: May 01, 2019
Exam Method: Small Bank (e.g., Large Bank Exam applies to institutions above a certain asset threshold)
Assets at Exam: $138,611,000
**05/01/2019:** Satisfactory
**09/01/2013:** Satisfactory
**08/01/2007:** Outstanding
**11/01/2002:** Satisfactory
**09/01/1997:** Satisfactory
**07/01/1994:** Satisfactory
**04/01/1992:** Satisfactory
**04/05/1990:** Outstanding
RSSD ID: 760434
Primary Federal Regulator: Federal Deposit Insurance Corporation
FRS Member: No
Existence Date: Sep 11, 1902
BHC Status: Not applicable
Primary Insurer: DIF (Deposit Insurance Fund) (Not valid prior to 03/31/2006)
CUSIP ID: N/A (Identifies stocks and debt securities)
LEI: 5493005QZNPGRQNTRB15 (Unique ID for legal entities engaging in financial transactions)
These are companies that the main bank **owns or directs**. The listing below shows entities the bank has the power to control (`Controlled`).
If you see **0.00% Equity**, it means the bank controls the subsidiary using a legal tool other than voting stock, such as a management contract or a fiduciary arrangement (See Other Basis Ind).
No recent transformation events found where this entity was the successor (survivor).
70 E Main St
Ipava, IL 61441
1620 Main Street, Suites 6 & 7, FL