Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 15.0. Operating profits as a percentage of assets at 3.3%, coupled with a return on assets of 3.3 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A current level of 5.1 percent of nonperforming loans to core capital combined with 5.8 percent from a year earlier contributes to the Good asset quality (6.4). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Securities (28%), home mtgs (27%), comm re (13%), cash (6%), comm loans (5%), consumer loans (4%), home eq lns (1%), other (15%)
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
First National Corporation of Picayune
Investment Rating
--
Address
121 East Canal Street
Picayune, MS 39466
Picayune, MS 39466
Phone Number
(601) 749-3200
Year Founded
1947
FDIC Number
Website
Largest Affiliates
No affiliate information available.