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 13.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 12.5 percent of nonperforming loans to core capital contributes to the Good asset quality (6.2). Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.4 has resulted in Weak (2.7) profitability.
Asset Mix:
Home mtgs (37%), securities (14%), cash (12%), comm loans (10%), comm re (9%), consumer loans (2%), other (16%)
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
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