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 (3.7 on a scale of 0 to 10). A current level of 1.7 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.1).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 17.9. Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.7 has resulted in Excellent (9.4) profitability.
Asset Mix:
Comm re (55%), comm loans (6%), home mtgs (6%), cash (3%), consumer loans (3%), securities (2%), other (26%)
States with Branches:
CA