Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 23.0 and a capital leverage ratio of 11.0. Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.9 has resulted in Excellent (8.0) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10). A current level of 6.0 percent of nonperforming loans to core capital combined with 7.0 percent from a year earlier contributes to the Good asset quality (5.4).
Asset Mix:
Cash (34%), securities (19%), home mtgs (16%), comm re (13%), consumer loans (5%), comm loans (4%), other (10%)
States with Branches:
LA
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
Vermilion Bancshares Corporation
Investment Rating
--
Address
420 North Cushing Avenue
Kaplan, LA 70548
Kaplan, LA 70548
Phone Number
(337) 643-7900
Year Founded
1958
FDIC Number
Website
Largest Affiliates
No affiliate information available.