Major Rating Factors:
Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.5 has resulted in Excellent (8.3) profitability. Excellent current capitalization (7.4 on a scale of 0 to 10) and a capital leverage ratio of 9.3.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10). A current level of 5.7 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Good asset quality (5.3).
Asset Mix:
Comm re (28%), home mtgs (16%), cash (12%), securities (9%), comm loans (6%), consumer loans (2%), home eq lns (1%), other (26%)
States with Branches:
FL, GA
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
South Banking Company
Investment Rating
--
Address
501 West 12th Street
Alma, GA 31510
Alma, GA 31510
Phone Number
(912) 632-8631
Year Founded
1939
FDIC Number
Website
Largest Affiliates
No affiliate information available.