Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.9) profitability. A current level of 3.4 percent of nonperforming loans to core capital combined with 3.9 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.2 and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.4 on a scale of 0 to 10).
Asset Mix:
Comm re (38%), comm loans (17%), consumer loans (15%), home mtgs (5%), securities (4%), cash (2%), home eq lns (1%), other (18%)
States with Branches:
GA
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
Affinity Bancshares, Inc.
Investment Rating
--
Address
3175 Highway 278
Covington, GA 30014
Covington, GA 30014
Phone Number
(770) 786-7088
Year Founded
1928
FDIC Number
Website
Largest Affiliates
No affiliate information available.