SouthPoint Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Very Weak (0.7) profitability. A current level of 29.2 percent of nonperforming loans to core capital combined with 11.4 percent from a year earlier contributes to the Weak asset quality (1.6).
Other Rating Factors:
Weak liquidity 1.5, driven by a liquidity ratio of 9.7 percent and a “hot money” ratio of 29.7 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.5 on a scale of 0 to 10).
Asset Mix:
Comm loans (25%), comm re (25%), home mtgs (14%), cash (7%), securities (3%), home eq lns (3%), 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.