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 0.8 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (8.4).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.3 and a capital leverage ratio of 14.8. Operating profits as a percentage of assets at 4.3%, coupled with a return on assets of 4.3 has resulted in Excellent (10.0) profitability.
Asset Mix:
Comm re (29%), home mtgs (21%), cash (11%), securities (9%), comm loans (8%), consumer loans (2%), home eq lns (1%), other (20%)
States with Branches:
KY
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 Commerce Bancorp, Inc.
Investment Rating
--
Address
107 South Main Street
Somerset, KY 42501
Somerset, KY 42501
Phone Number
(606) 679-9361
Year Founded
1909
FDIC Number
Website
Largest Affiliates
No affiliate information available.