Major Rating Factors:
A current level of 2.5 percent of nonperforming loans to core capital combined with 6.1 percent from a year earlier contributes to the Excellent asset quality (8.6). Excellent current capitalization (7.2 on a scale of 0 to 10) based on a risk-based capital ratio of 18.0 and a capital leverage ratio of 9.1.
Other Rating Factors:
Fair liquidity 3.6, driven by a liquidity ratio of 29.5 percent and a “hot money” ratio of 20.0 percent. Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (3.5) profitability.
Asset Mix:
Securities (36%), home mtgs (21%), comm re (8%), home eq lns (6%), comm loans (5%), cash (3%), consumer loans (1%), other (19%)
States with Branches:
KY
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
Cadiz Bancorp, Inc.
Investment Rating
--
Address
79 Main Street
Cadiz, KY 42211
Cadiz, KY 42211
Phone Number
(270) 522-6066
Year Founded
1970
FDIC Number
Website
Largest Affiliates
No affiliate information available.