First Carolina Bank
Major Rating Factors:
A current level of 7.9 percent of nonperforming loans to core capital combined with 6.3 percent from a year earlier contributes to the Fair asset quality (4.4). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.5 has resulted in Very Weak (0.8) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.5 on a scale of 0 to 10). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.1 and a capital leverage ratio of 9.7.
Asset Mix:
Comm re (41%), home mtgs (10%), securities (9%), comm loans (9%), cash (4%), home eq lns (1%), other (25%)
States with Branches:
GA, NC, SC, VA
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
First Carolina Financial Services, Inc.
Investment Rating
--
Address
171 North Winstead Avenue
Rocky Mount, NC 27804
Rocky Mount, NC 27804
Phone Number
(252) 937-2152
Year Founded
2000
FDIC Number
Website
Largest Affiliates
No affiliate information available.