Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 2.8 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Good asset quality (6.6).
Other Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 2.3 has resulted in Excellent (9.7) profitability. Excellent current capitalization (9.3 on a scale of 0 to 10) and a capital leverage ratio of 10.5.
Asset Mix:
Comm re (25%), home mtgs (17%), cash (10%), securities (9%), comm loans (8%), consumer loans (1%), home eq lns (1%), other (29%)
States with Branches:
AL, 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
Southern National Corporation
Investment Rating
--
Address
225 East Three Notch Street
Andalusia, AL 36420
Andalusia, AL 36420
Phone Number
(334) 222-2561
Year Founded
1947
FDIC Number
Website
Largest Affiliates
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