Merchants Commercial Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.0. A current level of 8.4 percent of nonperforming loans to core capital combined with 10.1 percent from a year earlier contributes to the Good asset quality (6.6).
Other Rating Factors:
Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.8 has resulted in Good (6.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.0 on a scale of 0 to 10).
Asset Mix:
Securities (48%), home mtgs (15%), comm re (11%), cash (7%), comm loans (3%), home eq lns (2%), consumer loans (0%), other (13%)
States with Branches:
VI
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
Investment Rating
--
Address
4608 Tutu Park Mall
Saint Thomas, VI 00802
Saint Thomas, VI 00802
Phone Number
(340) 779-2265
Year Founded
2006
FDIC Number
Largest Affiliates
No affiliate information available.