First Exchange Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 22.6 percent of nonperforming loans to core capital combined with 16.3 percent from a year earlier contributes to the Weak asset quality (2.8).
Other Rating Factors:
Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 9.1. Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.5 has resulted in Weak (2.0) profitability.
Asset Mix:
Home mtgs (42%), comm re (18%), cash (11%), securities (7%), comm loans (5%), consumer loans (3%), home eq lns (3%), other (11%)
States with Branches:
WV
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
Heritage Bancshares, Inc.
Investment Rating
--
Address
One Heritage Way
White Hall, WV 26554
White Hall, WV 26554
Phone Number
(304) 534-7200
Year Founded
1932
FDIC Number
Website
Largest Affiliates
No affiliate information available.