Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.3 and a capital leverage ratio of 11.0. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Excellent asset quality (8.6).
Other 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 (7.7 on a scale of 0 to 10). Fair liquidity 3.3, driven by a liquidity ratio of 43.0 percent and a “hot money” ratio of 39.3 percent.
Asset Mix:
Comm re (27%), home mtgs (20%), cash (13%), securities (12%), comm loans (7%), consumer loans (0%), other (21%)
States with Branches:
FL
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
Sunstate Bancshares, Inc.
Investment Rating
--
Address
14095 South Dixie Highway
Miami, FL 33176
Miami, FL 33176
Phone Number
(305) 256-0900
Year Founded
1999
FDIC Number
Website
Largest Affiliates
No affiliate information available.