Major Rating Factors:
A current level of 19.3 percent of nonperforming loans to core capital combined with 15.1 percent from a year earlier contributes to the Weak asset quality (1.4). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a risk-based capital ratio of 14.2 and a capital leverage ratio of 9.9.
Other Rating Factors:
Operating profits as a percentage of assets at 3.9%, coupled with a return on assets of 2.9 has resulted in Excellent (10.0) profitability. 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).
Asset Mix:
Consumer loans (78%), securities (14%), cash (6%), home mtgs (5%)
States with Branches:
DE
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
Discover Financial Services
Investment Rating
--
Address
502 East Market Street
Greenwood, DE 19950
Greenwood, DE 19950
Phone Number
(224) 405-3555
Year Founded
1911
FDIC Number
Website
Largest Affiliates
No affiliate information available.