Major Rating Factors:
A current level of 3.6 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Excellent asset quality (8.4). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.9 has resulted in Excellent (8.1) profitability.
Other 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 (6.0 on a scale of 0 to 10). Fair liquidity 4.3, driven by a liquidity ratio of 41.1 percent and a “hot money” ratio of 16.2 percent.
Asset Mix:
Home mtgs (35%), securities (24%), cash (23%), comm re (7%), home eq lns (2%), comm loans (1%), consumer loans (1%), other (8%)
States with Branches:
FL
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
Brannen Banks of Florida, Inc.
Investment Rating
--
Address
320 U.S. Highway 41, South
Inverness, FL 34450
Inverness, FL 34450
Phone Number
(352) 726-1221
Year Founded
1926
FDIC Number
Website
Largest Affiliates
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