Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Very Weak (0.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.4 on a scale of 0 to 10) based on a risk-based capital ratio of 15.5 and a capital leverage ratio of 10.6. A current level of 3.4 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (7.2).
Asset Mix:
Securities (45%), comm re (8%), comm loans (6%), cash (6%), home mtgs (5%), home eq lns (2%), consumer loans (1%), other (26%)
States with Branches:
TN
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
Security Bancorp of Tennessee, Inc.
Investment Rating
--
Address
120 North Mill Avenue
Dyersburg, TN 38024
Dyersburg, TN 38024
Phone Number
(731) 285-0485
Year Founded
1931
FDIC Number
Website
Largest Affiliates
Bells, TN
-
Bank
Halls, TN
-
Bank