Major Rating Factors:
A current level of 1.2 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (8.4). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a risk-based capital ratio of 17.3 and a capital leverage ratio of 9.9.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.9 has resulted in Fair (3.2) profitability.
Asset Mix:
Comm re (37%), securities (24%), home mtgs (12%), cash (6%), comm loans (3%), consumer loans (2%), other (16%)
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.
