Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.1 and a capital leverage ratio of 12.1. 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 5.5 percent of nonperforming loans to core capital combined with 2.3 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 (7.0 on a scale of 0 to 10).
Asset Mix:
Cash (24%), comm loans (20%), comm re (20%), securities (10%), home mtgs (6%), consumer loans (1%), other (20%)
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.