Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.1 on a scale of 0 to 10).
Other Rating Factors:
A current level of 24.9 percent of nonperforming loans to core capital combined with 142.4 percent from a year earlier contributes to the Weak asset quality (2.3). Fair liquidity 4.9, driven by a liquidity ratio of 49.5 percent and a “hot money” ratio of 35.5 percent.
Asset Mix:
Securities (43%), cash (19%), comm re (10%), comm loans (6%), home mtgs (4%), consumer loans (1%), other (17%)
States with Branches:
OK
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
Myers BancShares, Inc.
Investment Rating
--
Address
604 Flynn Street
Alva, OK 73717
Alva, OK 73717
Phone Number
(580) 327-1122
Year Founded
1913
FDIC Number
Website
Largest Affiliates
No affiliate information available.