Providence Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 0.2 percent of nonperforming loans to core capital combined with 0.4 percent from a year earlier contributes to the Good asset quality (6.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.8 and a capital leverage ratio of 11.8. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.7 has resulted in Excellent (8.6) profitability.
Asset Mix:
Comm re (45%), securities (9%), home mtgs (8%), comm loans (6%), cash (3%), home eq lns (3%), consumer loans (2%), other (24%)
States with Branches:
NC
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
PB Financial Corporation
Investment Rating
--
Address
450 North Winstead Avenue
Rocky Mount, NC 27804
Rocky Mount, NC 27804
Phone Number
(252) 443-9477
Year Founded
2006
FDIC Number
Website
Largest Affiliates
No affiliate information available.