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 (4.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (3.3) profitability.
Other Rating Factors:
Excellent current capitalization (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 39.6 and a capital leverage ratio of 9.3. A current level of 0.7 percent of nonperforming loans to core capital combined with 6.1 percent from a year earlier contributes to the Good asset quality (5.5).
Asset Mix:
Consumer loans (51%), home mtgs (36%), cash (4%), comm loans (4%), securities (1%), other (5%)
States with Branches:
TX
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
Greenback Fincorp, Inc.
Investment Rating
--
Address
3305 Steck Avenue
Austin, TX 78757
Austin, TX 78757
Phone Number
(512) 693-3600
Year Founded
2006
FDIC Number
Website
Largest Affiliates
No affiliate information available.