Major Rating Factors:
A current level of 8.7 percent of nonperforming loans to core capital combined with 7.9 percent from a year earlier contributes to the Fair asset quality (3.2). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.7 has resulted in Weak (2.2) profitability.
Other Rating Factors:
Excellent current capitalization (7.8 on a scale of 0 to 10) and a capital leverage ratio of 9.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Comm re (33%), home mtgs (7%), cash (7%), comm loans (3%), securities (1%), consumer loans (0%), other (48%)
States with Branches:
OK, TX
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
Reeves Bancshares, Inc.
Investment Rating
--
Address
3421 North Main Street
Altus, OK 73521
Altus, OK 73521
Phone Number
(580) 477-2222
Year Founded
1910
FDIC Number
Website
Largest Affiliates
No affiliate information available.