Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 24.7 and a capital leverage ratio of 13.5. A current level of 0.3 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (8.5).
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 (5.7 on a scale of 0 to 10). Fair liquidity 4.5, driven by a liquidity ratio of 29.6 percent and a “hot money” ratio of 25.1 percent.
Asset Mix:
Securities (53%), home mtgs (14%), cash (6%), comm loans (6%), comm re (5%), consumer loans (3%), other (14%)
States with Branches:
GA
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
M&C Bancshares, Inc.
Investment Rating
--
Address
Six College Street
McRae, GA 31055
McRae, GA 31055
Phone Number
(229) 868-5656
Year Founded
1929
FDIC Number
Largest Affiliates
No affiliate information available.