Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.9 and a capital leverage ratio of 11.3. A current level of 2.9 percent of nonperforming loans to core capital combined with 7.9 percent from a year earlier contributes to the Excellent asset quality (8.2).
Other Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (4.4) profitability. Fair liquidity 4.0, driven by a liquidity ratio of 25.3 percent and a “hot money” ratio of 25.1 percent.
Asset Mix:
Securities (46%), home mtgs (11%), comm re (8%), comm loans (7%), consumer loans (4%), cash (3%), home eq lns (1%), other (21%)
States with Branches:
AL
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
Farmers & Merchants Bancshares, Inc.
Investment Rating
--
Address
Two First Street, NE
Lafayette, AL 36862
Lafayette, AL 36862
Phone Number
(334) 864-9941
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.