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 (9.6 on a scale of 0 to 10). A current level of 0.2 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (9.6).
Other Rating Factors: Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 16.2 and a capital leverage ratio of 10.1. Excellent liquidity 7.3, driven by a liquidity ratio of 69.5 percent and a “hot money” ratio of 4.7 percent.
Asset Mix: Securities (66%), comm loans (10%), home mtgs (5%), comm re (4%), home eq lns (2%), cash (1%), consumer loans (0%), other (11%)
States with Branches: FL