Major 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 (8.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 6.4%, coupled with a return on assets of 6.1 has resulted in Excellent (8.2) profitability.
Other Rating Factors:
Excellent current capitalization (8.1 on a scale of 0 to 10) based on a risk-based capital ratio of 15.6 and a capital leverage ratio of 9.9. A current level of 5.2 percent of nonperforming loans to core capital combined with 6.9 percent from a year earlier contributes to the Good asset quality (5.9).
Asset Mix:
Comm loans (18%), cash (16%), securities (13%), comm re (12%), home mtgs (10%), consumer loans (1%), home eq lns (1%), other (28%)
States with Branches:
AZ, CA, CO, FL, GA, KS, MA, MD, MO, NC, NE, NM, NV, OK, OR, SC, TN, TX, VA, WA, WI, WV
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
First Citizens BancShares, Inc.
Investment Rating
--
Address
4300 Six Forks Road
Raleigh, NC 27609
Raleigh, NC 27609
Phone Number
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.
