Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Very Weak (0.5) profitability. 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).
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 18.2 and a capital leverage ratio of 11.1. A current level of 0.9 percent of nonperforming loans to core capital combined with 2.0 percent from a year earlier contributes to the Excellent asset quality (8.3).
Asset Mix:
Comm re (38%), securities (23%), home mtgs (12%), cash (6%), consumer loans (4%), comm loans (3%), other (14%)
States with Branches:
FL
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 State Bank of the Florida Keys Holding Company
Investment Rating
--
Address
1201 Simonton Street
Key West, FL 33040
Key West, FL 33040
Phone Number
(305) 296-8535
Year Founded
1955
FDIC Number
Website
Largest Affiliates
No affiliate information available.