Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 8.7.
Other Rating Factors:
A current level of 6.9 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Good asset quality (5.9). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.1) profitability.
Asset Mix:
Home mtgs (31%), comm re (19%), securities (11%), comm loans (6%), home eq lns (2%), consumer loans (1%), cash (1%), other (29%)
States with Branches:
OK, TX
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
Spend Life Wisely Company, Inc.
Investment Rating
--
Address
1400 West Main Street
Durant, OK 74701
Durant, OK 74701
Phone Number
(580) 924-2211
Year Founded
1900
FDIC Number
Website
Largest Affiliates
No affiliate information available.