Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 18.5. A current level of 0.0 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 3.3%, coupled with a return on assets of 2.6 has resulted in Excellent (9.7) profitability. Excellent liquidity 7.8, driven by a liquidity ratio of 93.8 percent and a “hot money” ratio of 0.8 percent.
Asset Mix:
Securities (61%), cash (27%), comm loans (6%), comm re (0%), home mtgs (0%), other (5%)
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.
