Major Rating Factors:
Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 18.0 and a capital leverage ratio of 10.5. 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).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.3) profitability. A current level of 7.7 percent of nonperforming loans to core capital combined with 8.0 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Cash (23%), securities (23%), comm loans (17%), home mtgs (11%), comm re (10%), consumer loans (0%), other (16%)
States with Branches:
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
First West Texas Bancshares, Inc.
Investment Rating
--
Address
Six Desta Drive
Midland, TX 79705
Midland, TX 79705
Phone Number
(432) 685-6500
Year Founded
1904
FDIC Number
Website
Largest Affiliates
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