Milestone Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Weak (2.3) profitability. A current level of 26.5 percent of nonperforming loans to core capital combined with 9.5 percent from a year earlier contributes to the Weak asset quality (1.4).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 15.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Asset Mix:
Comm loans (68%), cash (11%), comm re (5%), home mtgs (5%), securities (1%), other (11%)
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
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