Major Rating Factors:
A current level of 13.4 percent of nonperforming loans to core capital combined with 21.5 percent from a year earlier contributes to the Weak asset quality (2.6). Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 1.7 has resulted in Excellent (8.5) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 20.8 and a capital leverage ratio of 16.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.6 on a scale of 0 to 10).
Asset Mix:
Comm re (55%), cash (14%), home mtgs (9%), comm loans (6%), consumer loans (0%), other (15%)
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.