Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.0 and a capital leverage ratio of 12.5. A current level of 1.1 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (7.9).
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 (7.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.4 has resulted in Good (5.2) profitability.
Asset Mix:
Securities (21%), comm re (15%), comm loans (8%), consumer loans (4%), cash (2%), other (51%)
States with Branches:
TX
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
Turner Bancshares, Inc.
Investment Rating
--
Address
402 Ninth Street
Abernathy, TX 79311
Abernathy, TX 79311
Phone Number
(806) 298-2556
Year Founded
1909
FDIC Number
Website
Largest Affiliates
No affiliate information available.