Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.1 and a capital leverage ratio of 9.6. Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 2.2 has resulted in Excellent (7.2) profitability.
Other Rating Factors:
A current level of 3.3 percent of nonperforming loans to core capital combined with 4.6 percent from a year earlier contributes to the Good asset quality (5.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10).
Asset Mix:
Comm re (23%), securities (18%), comm loans (15%), home mtgs (12%), cash (8%), consumer loans (3%), other (21%)
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
Altamaha Bancshares, Inc.
Investment Rating
--
Address
206 Jackson Street
Vidalia, GA 30474
Vidalia, GA 30474
Phone Number
(912) 537-1921
Year Founded
1966
FDIC Number
Website
Largest Affiliates
No affiliate information available.