Major Rating Factors:
A current level of 0.2 percent of nonperforming loans to core capital combined with 0.5 percent from a year earlier contributes to the Excellent asset quality (8.4). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 19.9 and a capital leverage ratio of 10.0. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (5.7) profitability.
Asset Mix:
Securities (45%), comm re (14%), home mtgs (12%), cash (8%), comm loans (5%), consumer loans (3%), home eq lns (1%), other (10%)
States with Branches:
SC
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
CNB Corp.
Investment Rating
Address
1400 Third Avenue
Conway, SC 29526
Conway, SC 29526
Phone Number
(843) 248-5721
Year Founded
1903
FDIC Number
Largest Affiliates
No affiliate information available.