Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 24.3 and a capital leverage ratio of 17.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Fair (4.9) profitability. A current level of 14.0 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.5).
Asset Mix:
Comm re (42%), cash (27%), comm loans (8%), home eq lns (2%), home mtgs (2%), securities (0%), other (18%)
States with Branches:
CA
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
Summit Bancshares, Inc.
Investment Rating
Address
2969 Broadway
Oakland, CA 94611
Oakland, CA 94611
Phone Number
(510) 839-8800
Year Founded
1982
FDIC Number
Website
Largest Affiliates
No affiliate information available.