Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Fair (4.6) profitability. A current level of 11.1 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Fair asset quality (4.1).
Other Rating Factors:
Excellent current capitalization (8.1 on a scale of 0 to 10) and a capital leverage ratio of 9.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Comm re (21%), home mtgs (20%), securities (17%), comm loans (11%), cash (8%), consumer loans (3%), other (20%)
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
First Gilmer Bankshares, Inc.
Investment Rating
--
Address
206 US Highway 271 North
Gilmer, TX 75644
Gilmer, TX 75644
Phone Number
(903) 843-4100
Year Founded
1900
FDIC Number
Website
Largest Affiliates
No affiliate information available.