Major Rating Factors:
A current level of 1.2 percent of nonperforming loans to core capital combined with 2.8 percent from a year earlier contributes to the Excellent asset quality (8.6). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 15.4 and a capital leverage ratio of 8.7.
Other Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.2) profitability. Fair liquidity 3.6, driven by a liquidity ratio of 32.9 percent and a “hot money” ratio of 25.6 percent.
Asset Mix:
Securities (34%), comm re (20%), home mtgs (9%), cash (6%), comm loans (6%), home eq lns (1%), consumer loans (1%), other (23%)
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
Madison Community Bancshares Corporation
Investment Rating
--
Address
301 East Base Street
Madison, FL 32340
Madison, FL 32340
Phone Number
(850) 973-2400
Year Founded
1999
FDIC Number
Website
Largest Affiliates
No affiliate information available.