Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.6 on a scale of 0 to 10). Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 9.5.
Other Rating Factors: A current level of 3.4 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Good asset quality (6.9). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.3 has resulted in Good (6.8) profitability.
Asset Mix: Comm re (29%), securities (26%), comm loans (7%), home mtgs (3%), cash (2%), other (33%)
States with Branches: CA