Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (2.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 6.4 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Good asset quality (6.9). Good current capitalization (5.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.7 and a capital leverage ratio of 7.8.
Asset Mix:
Home mtgs (56%), comm re (10%), cash (6%), consumer loans (6%), securities (5%), home eq lns (3%), comm loans (3%), other (11%)
States with Branches:
OH
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 Mutual Holding Co.
Investment Rating
--
Address
14806 Detroit Avenue
Lakewood, OH 44107
Lakewood, OH 44107
Phone Number
(216) 529-2682
Year Founded
1935
FDIC Number
Website
Largest Affiliates
Belpre, OH
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Bank