Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.9 has resulted in Fair (4.0) profitability. A current level of 13.9 percent of nonperforming loans to core capital combined with 19.3 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 14.4 and a capital leverage ratio of 10.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Comm re (33%), comm loans (16%), cash (14%), securities (12%), home mtgs (11%), consumer loans (1%), other (13%)
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
Spirit BankCorp, Inc.
Investment Rating
--
Address
4815 South Harvard Avenue
Tulsa, OK 74135
Tulsa, OK 74135
Phone Number
(918) 742-4442
Year Founded
1916
FDIC Number
Website
Largest Affiliates
No affiliate information available.