Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 26.9. A current level of 0.1 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (9.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.9 has resulted in Excellent (8.5) profitability.
Asset Mix:
Securities (40%), home mtgs (20%), cash (14%), comm re (9%), consumer loans (5%), comm loans (3%), home eq lns (2%), other (8%)
States with Branches:
GA
Corporate Info
WCG Bancshares, Inc.
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617 North Church Street
Thomaston, GA 30286
Thomaston, GA 30286
(706) 647-8951
1974
Largest Affiliates
No affiliate information available.