Major Rating Factors:
Operating profits as a percentage of assets at 6.3%, coupled with a return on assets of 4.7 has resulted in Excellent (10.0) profitability. A current level of 2.8 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Excellent asset quality (8.5).
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 (7.2 on a scale of 0 to 10). Excellent liquidity 7.2, driven by a liquidity ratio of 45.3 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Securities (52%), comm loans (36%), cash (9%), other (4%)
States with Branches:
ME, UT
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
WEX Inc.
Investment Rating
--
Address
111 East Sego Lily Drive
Sandy, UT 84070
Sandy, UT 84070
Phone Number
(801) 568-4345
Year Founded
1998
FDIC Number
Website
Largest Affiliates
No affiliate information available.