Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10). Excellent current capitalization (8.6 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 10.0.
Other Rating Factors:
A current level of 5.9 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Good asset quality (6.8). Fair liquidity 4.4, driven by a liquidity ratio of 33.5 percent and a “hot money” ratio of 4.4 percent.
Asset Mix:
Cash (29%), home mtgs (23%), comm loans (14%), comm re (9%), securities (8%), consumer loans (5%), home eq lns (2%), other (10%)
States with Branches:
AR, TN
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
Evolve Bancorp, Inc
Investment Rating
--
Address
Triad Centre I
Memphis, TN 38119
Memphis, TN 38119
Phone Number
(901) 624-2555
Year Founded
1925
FDIC Number
Website
Largest Affiliates
No affiliate information available.