Major Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.3 has resulted in Weak (1.6) profitability. Weak current capitalization (2.8 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 6.5.
Other Rating Factors:
A current level of 20.8 percent of nonperforming loans to core capital combined with 39.8 percent from a year earlier contributes to the Fair asset quality (3.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10).
Asset Mix:
Securities (28%), comm re (22%), cash (19%), home mtgs (11%), comm loans (3%), consumer loans (0%), other (16%)
States with Branches:
KY, LA, TX, 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
Smith & Hood Holding Company, L.L.C.
Investment Rating
--
Address
400 East Thomas Street
Hammond, LA 70401
Hammond, LA 70401
Phone Number
(985) 345-7685
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.