Continental Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Weak (1.9) profitability. A current level of 7.6 percent of nonperforming loans to core capital combined with 8.3 percent from a year earlier contributes to the Good asset quality (5.1).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.3 and a capital leverage ratio of 14.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Asset Mix:
Comm loans (63%), securities (8%), comm re (5%), home mtgs (2%), cash (1%), other (20%)
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
Continental Bancorporation
Investment Rating
--
Address
15 West South Temple
Salt Lake City, UT 84101
Salt Lake City, UT 84101
Phone Number
(801) 595-7000
Year Founded
2003
FDIC Number
Website
Largest Affiliates
No affiliate information available.