Medallion Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.3 on a scale of 0 to 10). A current level of 2.5 percent of nonperforming loans to core capital combined with 3.3 percent from a year earlier contributes to the Fair asset quality (5.0).
Other Rating Factors:
Very Weak liquidity 0.1, driven by a liquidity ratio of 8.4 percent and a “hot money” ratio of 0.5 percent. Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.4 and a capital leverage ratio of 15.7.
Asset Mix:
Consumer loans (93%), cash (5%), securities (2%)
States with Branches:
UT
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
Medallion Financial Corp.
Investment Rating
--
Address
1100 East 6600 South
Salt Lake City, UT 84121
Salt Lake City, UT 84121
Phone Number
(866) 688-6983
Year Founded
2002
FDIC Number
Website
Largest Affiliates
No affiliate information available.