Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 24.5 and a capital leverage ratio of 11.0. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.6 has resulted in Excellent (8.8) profitability.
Other Rating Factors:
A current level of 4.6 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Excellent asset quality (7.5). 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:
Home mtgs (44%), securities (29%), comm re (10%), cash (8%), consumer loans (3%), comm loans (2%), other (5%)
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
Secretaria do Tesouro Nacional
Investment Rating
--
Address
1221 Brickell Avenue
Miami, FL 33131
Miami, FL 33131
Phone Number
(855) 377-2555
Year Founded
1986
FDIC Number
Website
Largest Affiliates
No affiliate information available.