Major Rating Factors: Good current capitalization (5.6 on a scale of 0 to 10) based on a risk-based capital ratio of 16.1 and a capital leverage ratio of 7.6.
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.6 on a scale of 0 to 10). A current level of 4.2 percent of nonperforming loans to core capital combined with 1.7 percent from a year earlier contributes to the Excellent asset quality (7.1).
Asset Mix: Securities (18%), cash (17%), home mtgs (14%), comm re (9%), comm loans (8%), consumer loans (1%), other (33%)
States with Branches: