Bank of America California, National Association
Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Weak (1.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.6 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 35.9 and a capital leverage ratio of 14.5. A current level of 3.9 percent of nonperforming loans to core capital combined with 5.5 percent from a year earlier contributes to the Excellent asset quality (8.4).
Asset Mix:
Home mtgs (76%), cash (23%), other (1%)
States with Branches:
CA
Corporate Info
Bank of America Corporation
555 California Street
San Francisco, CA 94104
San Francisco, CA 94104
(925) 988-4801
1984
Largest Affiliates
Charlotte, NC
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Bank