Major Rating Factors:
A current level of 12.8 percent of nonperforming loans to core capital combined with 12.7 percent from a year earlier contributes to the Weak asset quality (2.7). Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.6 has resulted in Excellent (7.9) profitability.
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 15.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.6 on a scale of 0 to 10).
Asset Mix:
Comm re (53%), cash (14%), home mtgs (11%), comm loans (9%), consumer loans (0%), other (13%)
States with Branches:
FL, GA
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
American Commerce Bancshares, Inc.
Investment Rating
--
Address
400 US Highway 27 Bypass
Bremen, GA 30110
Bremen, GA 30110
Phone Number
(770) 537-2265
Year Founded
2004
FDIC Number
Largest Affiliates
No affiliate information available.