Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.5 has resulted in Weak (2.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.3 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.0 percent of nonperforming loans to core capital combined with 1.8 percent from a year earlier contributes to the Good asset quality (6.7). Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 13.0 and a capital leverage ratio of 8.2.
Asset Mix:
Securities (30%), home mtgs (26%), comm re (15%), cash (7%), comm loans (5%), consumer loans (3%), home eq lns (1%), other (14%)
States with Branches:
KY
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
Hometown Bancshares, Inc.
Investment Rating
--
Address
1030 Cumberland Falls Highway
Corbin, KY 40701
Corbin, KY 40701
Phone Number
(606) 528-2000
Year Founded
2000
FDIC Number
Website
Largest Affiliates
No affiliate information available.