Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Fair (4.1) profitability. A current level of 8.1 percent of nonperforming loans to core capital combined with 10.8 percent from a year earlier contributes to the Weak asset quality (2.3).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 17.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.6 on a scale of 0 to 10).
Asset Mix:
Consumer loans (67%), cash (10%), securities (7%), comm loans (2%), comm re (1%), other (13%)
States with Branches:
MS
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
Genesis Bancorp, Inc.
Investment Rating
--
Address
202 Main Street
Benoit, MS 38725
Benoit, MS 38725
Phone Number
(662) 742-3342
Year Founded
1904
FDIC Number
Website
Largest Affiliates
No affiliate information available.