Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.6. A current level of 3.4 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Excellent asset quality (7.9).
Other Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Fair (4.6) profitability. Fair liquidity 3.9, driven by a liquidity ratio of 25.6 percent and a “hot money” ratio of 27.2 percent.
Asset Mix:
Securities (47%), home mtgs (12%), comm re (10%), comm loans (7%), cash (4%), consumer loans (4%), home eq lns (1%), other (16%)
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
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