Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.4 and a capital leverage ratio of 13.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 9.7 percent of nonperforming loans to core capital combined with 8.3 percent from a year earlier contributes to the Good asset quality (5.4). Fair liquidity 3.0, driven by a liquidity ratio of 28.2 percent and a “hot money” ratio of 15.5 percent.
Asset Mix:
Home mtgs (33%), securities (21%), comm re (16%), cash (7%), consumer loans (7%), comm loans (4%), other (14%)
States with Branches:
VA
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
Investment Rating
--
Address
483 Front Street West
Coeburn, VA 24230
Coeburn, VA 24230
Phone Number
(276) 395-2230
Year Founded
1982
FDIC Number
Website
Largest Affiliates
No affiliate information available.