Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Weak (1.9) profitability. Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 42.8 and a capital leverage ratio of 19.0.
Other Rating Factors:
Weak liquidity 1.5, driven by a liquidity ratio of 74.5 percent and a “hot money” ratio of 18.9 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10).
Asset Mix:
Securities (36%), comm loans (21%), cash (19%), consumer loans (8%), home mtgs (2%), comm re (2%), other (11%)
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
106 NorthEast Court Street
Marion, SC 29571
Marion, SC 29571
Phone Number
(843) 423-2150
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.