Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.3 on a scale of 0 to 10). A current level of 3.5 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (7.0).
Other Rating Factors:
Very Weak liquidity 0.3, driven by a liquidity ratio of 19.6 percent and a “hot money” ratio of 10.4 percent. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.9 has resulted in Excellent (7.5) profitability.
Asset Mix:
Home mtgs (48%), cash (15%), comm loans (9%), comm re (6%), securities (3%), consumer loans (0%), other (20%)
States with Branches:
TX, WA
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
1177 West Loop South
Houston, TX 77027
Houston, TX 77027
Phone Number
(713) 621-4663
Year Founded
1988
FDIC Number
Largest Affiliates
No affiliate information available.