Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (9.0). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 14.4 and a capital leverage ratio of 8.6.
Asset Mix:
Home mtgs (31%), comm re (11%), securities (7%), comm loans (7%), cash (6%), home eq lns (5%), consumer loans (0%), other (33%)
States with Branches:
NC
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
New Republic Partners, Inc.
Investment Rating
--
Address
521 East Morehead Street
Charlotte, NC 28202
Charlotte, NC 28202
Phone Number
(704) 228-1525
Year Founded
1998
FDIC Number
Website
Largest Affiliates
No affiliate information available.