Lifestore Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.4 and a capital leverage ratio of 11.1. A current level of 6.3 percent of nonperforming loans to core capital combined with 7.3 percent from a year earlier contributes to the Good asset quality (6.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Fair (4.0) profitability.
Asset Mix:
Home mtgs (31%), securities (23%), comm re (14%), cash (11%), comm loans (3%), home eq lns (3%), consumer loans (0%), other (15%)
States with Branches:
NC
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
AsheCo MHC, Inc.
Investment Rating
--
Address
205 South Jefferson Avenue
West Jefferson, NC 28694
West Jefferson, NC 28694
Phone Number
(336) 246-4344
Year Founded
1939
FDIC Number
Website
Largest Affiliates
No affiliate information available.