Major Rating Factors:
A current level of 19.0 percent of nonperforming loans to core capital combined with 8.8 percent from a year earlier contributes to the Weak asset quality (2.4). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Weak (1.9) profitability.
Other Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Asset Mix:
Comm re (28%), cash (15%), comm loans (14%), home mtgs (8%), securities (6%), consumer loans (1%), other (28%)
States with Branches:
OK
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
Commerce Financial Company
Investment Rating
--
Address
1601 West Commerce Street
Duncan, OK 73533
Duncan, OK 73533
Phone Number
(580) 252-8070
Year Founded
2002
FDIC Number
Website
Largest Affiliates
No affiliate information available.