Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.1) profitability. 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).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 21.0. A current level of 3.9 percent of nonperforming loans to core capital combined with 4.5 percent from a year earlier contributes to the Good asset quality (5.8).
Asset Mix:
Comm loans (24%), comm re (13%), securities (10%), home mtgs (6%), cash (4%), other (44%)
States with Branches:
VA
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
Locus
Investment Rating
--
Address
7814 Carousel Lane
Richmond, VA 23294
Richmond, VA 23294
Phone Number
(804) 344-5484
Year Founded
2008
FDIC Number
Largest Affiliates
No affiliate information available.