Major Rating Factors:
A current level of 29.4 percent of nonperforming loans to core capital combined with 48.1 percent from a year earlier contributes to the Weak asset quality (1.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.8 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 1.5, driven by a liquidity ratio of 32.3 percent and a “hot money” ratio of 18.3 percent. Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.1) profitability.
Asset Mix:
Securities (34%), home mtgs (20%), comm re (16%), cash (10%), comm loans (7%), consumer loans (3%), home eq lns (1%), other (9%)
States with Branches:
SC
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
Investment Rating
--
Address
13497 Broxton Bridge Road
Ehrhardt, SC 29081
Ehrhardt, SC 29081
Phone Number
(803) 267-3191
Year Founded
1920
FDIC Number
Website
Largest Affiliates
No affiliate information available.