Major Rating Factors:
A current level of 14.6 percent of nonperforming loans to core capital combined with 14.6 percent from a year earlier contributes to the Weak asset quality (2.5). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.4 has resulted in Good (5.1) profitability.
Other Rating Factors:
Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 12.2 and a capital leverage ratio of 9.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10).
Asset Mix:
Comm loans (24%), comm re (21%), home mtgs (16%), securities (5%), consumer loans (4%), home eq lns (3%), cash (2%), other (25%)
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
FEB Bancshares, Inc.
Investment Rating
--
Address
51 Saint Joseph Street
Mobile, AL 36602
Mobile, AL 36602
Phone Number
(251) 445-3805
Year Founded
1917
FDIC Number
Website
Largest Affiliates
No affiliate information available.