Major Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (8.6). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.6 and a capital leverage ratio of 9.7.
Other Rating Factors:
Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.6 has resulted in Good (6.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Asset Mix:
Securities (36%), comm re (18%), cash (11%), home mtgs (7%), comm loans (5%), home eq lns (2%), consumer loans (1%), other (19%)
States with Branches:
AL
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
Peoples Independent Bancshares, Inc.
Investment Rating
--
Address
121 Billy B. Dyar Boulevard
Boaz, AL 35957
Boaz, AL 35957
Phone Number
(256) 593-8844
Year Founded
1988
FDIC Number
Website
Largest Affiliates
No affiliate information available.