Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 0.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.4).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 13.4. Operating profits as a percentage of assets at 3.5%, coupled with a return on assets of 3.5 has resulted in Excellent (10.0) profitability.
Asset Mix:
Comm re (28%), home mtgs (24%), securities (11%), comm loans (8%), cash (7%), consumer loans (2%), home eq lns (1%), other (18%)
States with Branches:
KY
Corporate Info
First Commerce Bancorp, Inc.
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107 South Main Street
Somerset, KY 42501
Somerset, KY 42501
(606) 679-9361
1909
Largest Affiliates
No affiliate information available.