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 7.4 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Good asset quality (5.7).
Other Rating Factors:
Weak liquidity 1.4, driven by a liquidity ratio of 22.9 percent and a “hot money” ratio of 14.1 percent. Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 2.3 has resulted in Excellent (7.7) profitability.
Asset Mix:
Home mtgs (49%), cash (19%), comm loans (7%), comm re (6%), securities (3%), consumer loans (0%), other (16%)
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
--
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.