Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 0.7 percent of nonperforming loans to core capital combined with 17.7 percent from a year earlier contributes to the Good asset quality (6.0).
Other Rating Factors:
Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 2.6 has resulted in Excellent (10.0) profitability. Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 9.5.
Asset Mix:
Comm re (50%), cash (15%), comm loans (11%), securities (1%), home eq lns (1%), home mtgs (1%), consumer loans (0%), other (21%)
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.