Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Fair (3.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.7 and a capital leverage ratio of 12.1. A current level of 0.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.0).
Asset Mix:
Home mtgs (40%), cash (17%), securities (12%), comm re (9%), comm loans (7%), consumer loans (2%), other (13%)
States with Branches:
TX
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
City Bancshares, Inc.
Investment Rating
--
Address
1465 West Second Avenue
Corsicana, TX 75110
Corsicana, TX 75110
Phone Number
(903) 872-8333
Year Founded
1983
FDIC Number
Website
Largest Affiliates
No affiliate information available.