Milestone Bank
Major Rating Factors:
A current level of 22.6 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Weak asset quality (2.7). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.3 has resulted in Good (6.0) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 13.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Comm loans (78%), cash (9%), comm re (5%), home mtgs (1%), securities (1%), other (7%)
States with Branches:
MI, UT
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
Lease Corporation of America
Investment Rating
--
Address
310 South Main Street
Salt Lake City, UT 84101
Salt Lake City, UT 84101
Phone Number
(435) 658-5446
Year Founded
2006
FDIC Number
Website
Largest Affiliates
No affiliate information available.