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 (8.7). Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 16.2 and a capital leverage ratio of 9.5.
Other Rating Factors:
Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (7.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Securities (35%), comm re (19%), cash (10%), home mtgs (7%), comm loans (4%), home eq lns (2%), consumer loans (1%), other (22%)
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.