Spectra Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (2.1) profitability.
Other Rating Factors:
Weak liquidity 2.7, driven by a liquidity ratio of 35.0 percent and a “hot money” ratio of 47.0 percent. A current level of 1.7 percent of nonperforming loans to core capital combined with 4.6 percent from a year earlier contributes to the Good asset quality (6.3).
Asset Mix:
Comm re (38%), cash (24%), securities (14%), comm loans (10%), home mtgs (2%), consumer loans (1%), other (11%)
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
Riverbend Financial Corporation
Investment Rating
--
Address
2000 Handley Ederville Road
Fort Worth, TX 76118
Fort Worth, TX 76118
Phone Number
(817) 284-9598
Year Founded
1986
FDIC Number
Website
Largest Affiliates
No affiliate information available.