Major Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. A current level of 0.4 percent of nonperforming loans to core capital combined with 10.5 percent from a year earlier contributes to the Excellent asset quality (7.4).
Other Rating Factors:
Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.2 has resulted in Good (6.7) 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).
Asset Mix:
Home mtgs (39%), securities (21%), comm re (18%), cash (6%), comm loans (1%), home eq lns (1%), consumer loans (1%), other (13%)
States with Branches:
FL
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
Bankshares Corporation of Niceville
Investment Rating
--
Address
1020 John Sims Parkway, East
Niceville, FL 32578
Niceville, FL 32578
Phone Number
(850) 678-3110
Year Founded
1986
FDIC Number
Website
Largest Affiliates
No affiliate information available.