Major Rating Factors:
A current level of 1.3 percent of nonperforming loans to core capital combined with 1.8 percent from a year earlier contributes to the Excellent asset quality (8.2). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 8.8. Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Good (5.4) profitability.
Asset Mix:
Comm re (22%), securities (16%), comm loans (14%), cash (11%), home mtgs (10%), home eq lns (3%), consumer loans (1%), other (23%)
States with Branches:
AL
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
BancIndependent, Incorporated
Investment Rating
--
Address
710 South Montgomery Avenue
Sheffield, AL 35660
Sheffield, AL 35660
Phone Number
(256) 386-5000
Year Founded
1947
FDIC Number
Website
Largest Affiliates
No affiliate information available.