Major Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 16.6 and a capital leverage ratio of 9.9. A current level of 1.9 percent of nonperforming loans to core capital combined with 3.9 percent from a year earlier contributes to the Excellent asset quality (8.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10). Weak liquidity 2.5, driven by a liquidity ratio of 20.3 percent and a “hot money” ratio of 13.6 percent.
Asset Mix:
Comm re (40%), securities (26%), home mtgs (12%), comm loans (4%), cash (2%), consumer loans (1%), other (15%)
States with Branches:
FL
Corporate Info
First State Bank of the Florida Keys Holding Company
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1201 Simonton Street
Key West, FL 33040
Key West, FL 33040
(305) 296-8535
1955
Largest Affiliates
No affiliate information available.