Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.8%, coupled with a return on assets of 2.8 has resulted in Excellent (8.2) profitability.
Other Rating Factors:
Excellent current capitalization (8.6 on a scale of 0 to 10) based on a risk-based capital ratio of 20.9 and a capital leverage ratio of 10.6. A current level of 0.9 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.5).
Asset Mix:
Securities (27%), home mtgs (26%), comm re (14%), cash (9%), consumer loans (3%), comm loans (2%), home eq lns (1%), other (19%)
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
Townsend Holding Company
Investment Rating
--
Address
201 East 18th Street
Grove, OK 74344
Grove, OK 74344
Phone Number
(918) 787-5900
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.