Major Rating Factors:
A current level of 19.9 percent of nonperforming loans to core capital combined with 11.0 percent from a year earlier contributes to the Weak asset quality (2.9). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Good (5.3) profitability.
Other Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).
Asset Mix:
Comm loans (47%), cash (8%), securities (8%), consumer loans (7%), comm re (6%), other (25%)
States with Branches:
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
TAB Bank Holdings, Inc.
Investment Rating
--
Address
4185 Harrison Boulevard
Ogden, UT 84403
Ogden, UT 84403
Phone Number
(800) 355-3063
Year Founded
1998
FDIC Number
Website
Largest Affiliates
No affiliate information available.