Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (4.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 13.5 and a capital leverage ratio of 11.0. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.4).
Asset Mix:
Comm re (27%), home mtgs (27%), comm loans (16%), cash (6%), home eq lns (3%), securities (1%), consumer loans (1%), other (19%)
States with Branches:
MS, TN
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
First Commercial Bancshares, Inc.
Investment Rating
--
Address
4450 Old Canton Road
Jackson, MS 39211
Jackson, MS 39211
Phone Number
(601) 709-7777
Year Founded
2000
FDIC Number
Website
Largest Affiliates
No affiliate information available.