Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 20.3 and a capital leverage ratio of 14.3. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.5 has resulted in Excellent (8.5) profitability.
Other Rating Factors:
A current level of 4.7 percent of nonperforming loans to core capital combined with 8.8 percent from a year earlier contributes to the Good asset quality (6.8). 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 (25%), home mtgs (19%), comm re (15%), home eq lns (6%), comm loans (5%), cash (4%), consumer loans (1%), other (26%)
States with Branches:
TN
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 Farmers Bancshares, Inc.
Investment Rating
--
Address
120 Village Drive
Portland, TN 37148
Portland, TN 37148
Phone Number
(615) 325-2265
Year Founded
1912
FDIC Number
Website
Largest Affiliates
No affiliate information available.