Major Rating Factors:
Excellent current capitalization (9.6 on a scale of 0 to 10) based on a risk-based capital ratio of 20.5 and a capital leverage ratio of 10.8. Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Good (6.7) profitability.
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 (5.8 on a scale of 0 to 10). A current level of 6.9 percent of nonperforming loans to core capital combined with 13.8 percent from a year earlier contributes to the Good asset quality (5.3).
Asset Mix:
Cash (31%), securities (25%), home mtgs (16%), comm re (11%), consumer loans (4%), comm loans (3%), other (10%)
States with Branches:
LA
Corporate Info
Vermilion Bancshares Corporation
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420 North Cushing Avenue
Kaplan, LA 70548
Kaplan, LA 70548
(337) 643-7900
1958
Largest Affiliates
No affiliate information available.