Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 18.2. A current level of 0.5 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (10.0).
Other Rating Factors:
Operating profits as a percentage of assets at 2.5%, coupled with a return on assets of 1.9 has resulted in Excellent (9.0) profitability. Good liquidity 6.6, driven by a liquidity ratio of 78.7 percent and a “hot money” ratio of 0.5 percent.
Asset Mix:
Cash (52%), securities (39%), comm loans (4%), home mtgs (1%), comm re (0%), other (4%)
States with Branches:
GA, SC
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 Century Bancorp.
Investment Rating
--
Address
1731 North Elm Street
Commerce, GA 30529
Commerce, GA 30529
Phone Number
(770) 297-8060
Year Founded
2002
FDIC Number
Largest Affiliates
No affiliate information available.
