Major Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.3 has resulted in Weak (1.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 18.5 and a capital leverage ratio of 9.4. A current level of 3.2 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Good asset quality (6.4).
Asset Mix:
Home mtgs (55%), securities (21%), cash (6%), home eq lns (4%), comm re (2%), consumer loans (1%), comm loans (0%), other (10%)
States with Branches:
OH, WV
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
605 Washington Boulevard
Belpre, OH 45714
Belpre, OH 45714
Phone Number
(740) 423-9504
Year Founded
1902
FDIC Number
Website
Largest Affiliates
Lakewood, OH
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Bank