Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.3 on a scale of 0 to 10). Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 15.3 and a capital leverage ratio of 10.3.
Other Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital combined with 9.2 percent from a year earlier contributes to the Good asset quality (6.8). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (6.4) profitability.
Asset Mix:
Securities (21%), comm re (17%), home mtgs (12%), comm loans (7%), cash (4%), consumer loans (1%), other (39%)
States with Branches:
TX
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
Legend Bancorp, Inc.
Investment Rating
--
Address
101 West Tarrant Street
Bowie, TX 76230
Bowie, TX 76230
Phone Number
(940) 872-2221
Year Founded
1890
FDIC Number
Website
Largest Affiliates
No affiliate information available.