Major Rating Factors:
Excellent current capitalization (9.6 on a scale of 0 to 10) based on a risk-based capital ratio of 17.6 and a capital leverage ratio of 10.7. A current level of 3.4 percent of nonperforming loans to core capital combined with 7.1 percent from a year earlier contributes to the Good asset quality (6.8).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.2) profitability. Fair liquidity 3.9, driven by a liquidity ratio of 24.8 percent and a “hot money” ratio of 24.4 percent.
Asset Mix:
Securities (44%), home mtgs (10%), comm re (9%), comm loans (7%), consumer loans (4%), cash (3%), home eq lns (1%), other (23%)
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.