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). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.2 has resulted in Fair (4.1) profitability.
Other Rating Factors:
Weak liquidity 1.3, driven by a liquidity ratio of 16.2 percent and a “hot money” ratio of 13.4 percent. A current level of 2.4 percent of nonperforming loans to core capital combined with 7.5 percent from a year earlier contributes to the Good asset quality (6.7).
Asset Mix:
Home mtgs (38%), comm re (10%), cash (10%), comm loans (7%), securities (6%), consumer loans (0%), other (28%)
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
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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
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Address
1177 West Loop South
Houston, TX 77027
Houston, TX 77027
Phone Number
(713) 621-4663
Year Founded
1988
FDIC Number
Largest Affiliates
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