Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (3.6) profitability. A current level of 20.1 percent of nonperforming loans to core capital combined with 10.8 percent from a year earlier contributes to the Weak asset quality (2.3).
Other Rating Factors:
Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 16.0 and a capital leverage ratio of 9.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Asset Mix:
Home mtgs (22%), securities (16%), comm re (13%), consumer loans (8%), comm loans (7%), cash (4%), other (30%)
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
Gilmer National Bancshares, Inc.
Investment Rating
--
Address
713 US Highway 271 North
Gilmer, TX 75644
Gilmer, TX 75644
Phone Number
(903) 843-5653
Year Founded
1901
FDIC Number
Website
Largest Affiliates
No affiliate information available.