Major Rating Factors:
A current level of 2.7 percent of nonperforming loans to core capital combined with 7.8 percent from a year earlier contributes to the Excellent asset quality (7.2). Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 15.6 and a capital leverage ratio of 8.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Good (5.3) profitability.
Asset Mix:
Securities (32%), cash (19%), home mtgs (7%), comm re (7%), comm loans (5%), consumer loans (2%), home eq lns (1%), other (27%)
States with Branches:
TN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Security Bancorp of Tennessee, Inc.
Investment Rating
--
Address
101 West Main Street
Halls, TN 38040
Halls, TN 38040
Phone Number
(731) 836-7515
Year Founded
1899
FDIC Number
Website
Largest Affiliates
Bells, TN
-
Bank
Dyersburg, TN
-
Bank