Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.1 and a capital leverage ratio of 12.6. Operating profits as a percentage of assets at 2.9%, coupled with a return on assets of 2.3 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A current level of 5.0 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Excellent asset quality (7.1). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Comm re (22%), comm loans (22%), cash (14%), securities (11%), home mtgs (7%), home eq lns (1%), consumer loans (1%), other (22%)
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
Midland Bancshares, Inc.
Investment Rating
--
Address
500 West Illinois Avenue
Midland, TX 79701
Midland, TX 79701
Phone Number
(432) 262-1600
Year Founded
1984
FDIC Number
Website
Largest Affiliates
No affiliate information available.