Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 41.6 and a capital leverage ratio of 20.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors: A current level of 0.5 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.2). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Fair (4.4) profitability.
Asset Mix: Securities (45%), comm re (23%), home mtgs (12%), cash (3%), consumer loans (1%), comm loans (1%), other (15%)
States with Branches: TX