Major Rating Factors:
A current level of 5.2 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Fair asset quality (4.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.1 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 10.4. Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 2.4 has resulted in Excellent (8.3) profitability.
Asset Mix:
Comm re (53%), comm loans (11%), cash (10%), securities (2%), home eq lns (1%), home mtgs (1%), consumer loans (0%), other (23%)
States with Branches:
CA, GA, TX
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
Wallis Bancshares, Inc.
Investment Rating
--
Address
6510 Railroad Street
Wallis, TX 77485
Wallis, TX 77485
Phone Number
(979) 478-6151
Year Founded
1906
FDIC Number
Website
Largest Affiliates
No affiliate information available.