Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.2 has resulted in Weak (2.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 32.8. A current level of 0.8 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (8.9).
Asset Mix:
Home mtgs (51%), securities (14%), cash (13%), comm re (2%), home eq lns (1%), other (19%)
States with Branches:
SC
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
Investment Rating
--
Address
247 North Main Street
Woodruff, SC 29388
Woodruff, SC 29388
Phone Number
(864) 476-8144
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.