Major Rating Factors:
A current level of 0.1 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (8.2). Excellent current capitalization (7.5 on a scale of 0 to 10) based on a risk-based capital ratio of 25.2 and a capital leverage ratio of 9.3.
Other Rating Factors:
Good liquidity 5.5, driven by a liquidity ratio of 67.3 percent and a “hot money” ratio of 33.5 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10).
Asset Mix:
Securities (50%), cash (20%), comm re (11%), home mtgs (4%), comm loans (3%), consumer loans (1%), home eq lns (1%), other (9%)
States with Branches:
AK
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
First Bancorp, Inc.
Investment Rating
--
Address
2030 Sea Level Drive
Ketchikan, AK 99901
Ketchikan, AK 99901
Phone Number
(907) 228-4202
Year Founded
1924
FDIC Number
Website
Largest Affiliates
No affiliate information available.