Major Rating Factors:
A current level of 12.2 percent of nonperforming loans to core capital combined with 12.3 percent from a year earlier contributes to the Weak asset quality (2.0). Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.8 and a capital leverage ratio of 12.4.
Other Rating Factors:
Operating profits as a percentage of assets at 2.8%, coupled with a return on assets of 2.2 has resulted in Excellent (10.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Asset Mix:
Consumer loans (88%), cash (12%), securities (3%), comm loans (2%)
States with Branches:
FL, NC, NE, UT
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
Synchrony Financial
Investment Rating
Address
170 Election Road
Draper, UT 84020
Draper, UT 84020
Phone Number
(866) 226-5638
Year Founded
1988
FDIC Number
Website
Largest Affiliates
No affiliate information available.