Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.3) profitability. A current level of 1.6 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Good asset quality (5.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10). Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 13.8 and a capital leverage ratio of 8.9.
Asset Mix:
Consumer loans (49%), comm re (16%), cash (9%), home mtgs (6%), comm loans (3%), home eq lns (3%), other (15%)
States with Branches:
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
Education Loan Finance, Inc.
Investment Rating
--
Address
12700 Kingston Pike
Farragut, TN 37934
Farragut, TN 37934
Phone Number
(865) 824-3322
Year Founded
2002
FDIC Number
Website
Largest Affiliates
No affiliate information available.