Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 21.6 and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10).
Other Rating Factors:
A current level of 3.4 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Good asset quality (6.7). Good liquidity 5.4, driven by a liquidity ratio of 28.1 percent and a “hot money” ratio of 5.5 percent.
Asset Mix:
Securities (57%), home mtgs (10%), comm re (8%), comm loans (3%), consumer loans (2%), cash (2%), home eq lns (1%), other (16%)
States with Branches:
FL, 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
First Federal Bancorp, MHC
Investment Rating
--
Address
4705 W US Hwy 90
Lake City, FL 32055
Lake City, FL 32055
Phone Number
(386) 755-0600
Year Founded
1962
FDIC Number
Website
Largest Affiliates
No affiliate information available.