Primis Bank
Major Rating Factors:
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). Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 11.9 and a capital leverage ratio of 9.5.
Other Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Fair (4.3) profitability. Weak liquidity 2.6, driven by a liquidity ratio of 5.0 percent and a “hot money” ratio of 6.1 percent.
Asset Mix:
Comm re (25%), home mtgs (17%), comm loans (13%), consumer loans (6%), securities (4%), cash (4%), home eq lns (1%), other (29%)
States with Branches:
MD, VA
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
Primis Financial Corp.
Investment Rating
Address
10900 Nuckols Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 528-4754
Year Founded
2005
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.