Major Rating Factors:
A current level of 21.0 percent of nonperforming loans to core capital combined with 53.1 percent from a year earlier contributes to the Weak asset quality (2.4). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.1 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 1.3, driven by a liquidity ratio of 31.5 percent and a “hot money” ratio of 19.0 percent. Operating profits as a percentage of assets at 4.8%, coupled with a return on assets of 6.1 has resulted in Good (6.5) profitability.
Asset Mix:
Securities (32%), home mtgs (23%), comm re (16%), cash (6%), comm loans (4%), consumer loans (2%), home eq lns (1%), other (16%)
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
There are no affiliate to display.