AmeriFirst Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (6.0) profitability.
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.2 and a capital leverage ratio of 9.5. A current level of 1.1 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Excellent asset quality (7.1).
Asset Mix:
Comm re (25%), home mtgs (24%), securities (10%), comm loans (8%), cash (3%), consumer loans (1%), home eq lns (1%), other (29%)
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
USAL Bancorp, Inc.
Investment Rating
--
Address
8165 Vaughn Road
Montgomery, AL 36116
Montgomery, AL 36116
Phone Number
(334) 409-2980
Year Founded
1916
FDIC Number
Website
Largest Affiliates
No affiliate information available.