Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.2 and a capital leverage ratio of 14.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors: A current level of 1.0 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (9.2). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.7 has resulted in Excellent (8.0) profitability.
Asset Mix: Securities (40%), cash (20%), comm re (15%), comm loans (6%), home mtgs (4%), home eq lns (1%), consumer loans (1%), other (14%)
States with Branches: AR