Major Rating Factors:
A current level of 1.3 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Excellent asset quality (8.4). Excellent current capitalization (8.2 on a scale of 0 to 10) based on a risk-based capital ratio of 14.4 and a capital leverage ratio of 9.8.
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 (8.1 on a scale of 0 to 10). Fair liquidity 3.0, driven by a liquidity ratio of 14.9 percent and a “hot money” ratio of 13.1 percent.
Asset Mix:
Comm re (24%), securities (16%), comm loans (15%), home mtgs (10%), cash (9%), 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
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