Major Rating Factors:
A current level of 7.5 percent of nonperforming loans to core capital combined with 4.0 percent from a year earlier contributes to the Fair asset quality (4.5). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.4) profitability.
Other Rating Factors:
Excellent current capitalization (9.2 on a scale of 0 to 10) and a capital leverage ratio of 10.5. 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).
Asset Mix:
Home mtgs (27%), comm re (26%), securities (10%), comm loans (8%), cash (5%), consumer loans (5%), home eq lns (3%), other (18%)
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
Investment Rating
--
Address
54 South Main Street
Lexington, VA 24450
Lexington, VA 24450
Phone Number
(540) 463-2222
Year Founded
2009
FDIC Number
Website
Largest Affiliates
No affiliate information available.