First Carolina Bank
Major Rating Factors:
A current level of 9.0 percent of nonperforming loans to core capital combined with 7.0 percent from a year earlier contributes to the Fair asset quality (4.3). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Very Weak (0.4) 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 (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 11.8 and a capital leverage ratio of 9.2.
Asset Mix:
Comm re (39%), comm loans (9%), securities (9%), home mtgs (8%), cash (8%), other (26%)
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.