Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Fair (3.8) profitability. Good current capitalization (6.2 on a scale of 0 to 10) and a capital leverage ratio of 11.4.
Other Rating Factors:
A current level of 2.1 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (7.1). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Securities (45%), comm re (15%), home mtgs (7%), cash (4%), home eq lns (3%), comm loans (3%), consumer loans (1%), other (22%)
States with Branches:
NC
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
Investment Rating
--
Address
403 East Third Street
Pembroke, NC 28372
Pembroke, NC 28372
Phone Number
(910) 521-9707
Year Founded
FDIC Number
Largest Affiliates
No affiliate information available.