Major Rating Factors:
A current level of 1.0 percent of nonperforming loans to core capital combined with 6.5 percent from a year earlier contributes to the Excellent asset quality (8.4). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a risk-based capital ratio of 15.1 and a capital leverage ratio of 9.9.
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (6.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10).
Asset Mix:
Comm re (23%), securities (17%), home mtgs (12%), cash (11%), comm loans (7%), consumer loans (4%), home eq lns (1%), other (25%)
States with Branches:
FL
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
Lafayette Banking Company
Investment Rating
--
Address
340 West Main Street
Mayo, FL 32066
Mayo, FL 32066
Phone Number
(386) 294-1901
Year Founded
1946
FDIC Number
Largest Affiliates
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