Major Rating Factors:
Excellent current capitalization (9.2 on a scale of 0 to 10) based on a risk-based capital ratio of 15.2 and a capital leverage ratio of 10.5. A current level of 1.8 percent of nonperforming loans to core capital combined with 2.9 percent from a year earlier contributes to the Excellent asset quality (8.0).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.3 has resulted in Good (5.6) profitability.
Asset Mix:
Home mtgs (22%), securities (22%), comm re (17%), comm loans (4%), consumer loans (4%), home eq lns (2%), cash (1%), other (28%)
States with Branches:
AR, OK
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
Ironhorse Financial Group, Inc.
Investment Rating
--
Address
1215 W. Okmulgee St.
Muskogee, OK 74401
Muskogee, OK 74401
Phone Number
(918) 680-6906
Year Founded
1909
FDIC Number
Website
Largest Affiliates
No affiliate information available.