Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Weak (1.4) profitability. A current level of 45.6 percent of nonperforming loans to core capital combined with 8.1 percent from a year earlier contributes to the Very Weak asset quality (0.8).
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) and a capital leverage ratio of 10.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Asset Mix:
Comm re (15%), cash (14%), home mtgs (13%), comm loans (10%), securities (3%), home eq lns (2%), consumer loans (0%), other (42%)
States with Branches:
AL, AR, FL, MS
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
First Southern Bancshares, Inc.
Investment Rating
--
Address
201 South Court Street
Florence, AL 35630
Florence, AL 35630
Phone Number
(256) 718-4200
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.