Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.7 on a scale of 0 to 10). A current level of 27.9 percent of nonperforming loans to core capital combined with 57.6 percent from a year earlier contributes to the Weak asset quality (1.7).
Other Rating Factors:
Weak liquidity 2.1, driven by a liquidity ratio of 36.0 percent and a “hot money” ratio of 17.2 percent. Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Weak (2.7) profitability.
Asset Mix:
Securities (32%), home mtgs (18%), comm re (15%), cash (14%), comm loans (7%), consumer loans (3%), home eq lns (1%), other (10%)
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.