Millennium Bank
Major Rating Factors:
A current level of 26.2 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Weak asset quality (2.3). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Weak (1.7) profitability.
Other Rating Factors:
Excellent current capitalization (8.8 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 (7.6 on a scale of 0 to 10).
Asset Mix:
Comm re (38%), home mtgs (15%), cash (14%), comm loans (11%), securities (5%), home eq lns (2%), consumer loans (0%), other (15%)
States with Branches:
FL, TN
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
Millennium Bancshares, Inc.
Investment Rating
--
Address
7201 Shallowford Rd
Chattanooga, TN 37421
Chattanooga, TN 37421
Phone Number
(423) 238-1111
Year Founded
1999
FDIC Number
Website
Largest Affiliates
No affiliate information available.