SouthPoint Bank
Major Rating Factors:
Fair current capitalization (4.9 on a scale of 0 to 10) based on a risk-based capital ratio of 9.3 and a capital leverage ratio of 6.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.2 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.0, driven by a liquidity ratio of 14.2 percent and a “hot money” ratio of 29.6 percent. A current level of 33.7 percent of nonperforming loans to core capital combined with 9.1 percent from a year earlier contributes to the Weak asset quality (1.4).
Asset Mix:
Comm loans (25%), comm re (24%), home mtgs (13%), cash (10%), securities (3%), home eq lns (2%), consumer loans (0%), other (22%)
States with Branches:
AL
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
SouthPoint Bancshares, Inc.
Investment Rating
Address
3501 Grandview Parkway
Birmingham, AL 35243
Birmingham, AL 35243
Phone Number
(205) 503-5000
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.