Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (4.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.7, driven by a liquidity ratio of 30.4 percent and a “hot money” ratio of 14.0 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (7.1).
Asset Mix:
Comm re (37%), cash (17%), home mtgs (11%), securities (11%), comm loans (9%), home eq lns (2%), consumer loans (0%), other (13%)
States with Branches:
GA
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
Tandem Bancorp, Inc.
Investment Rating
--
Address
2356 Main Street
Tucker, GA 30084
Tucker, GA 30084
Phone Number
(770) 281-9880
Year Founded
2019
FDIC Number
Website
Largest Affiliates
No affiliate information available.