Founders Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.1 has resulted in Weak (2.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Other Rating Factors:
Very Weak liquidity 0.2, driven by a liquidity ratio of 14.2 percent and a “hot money” ratio of 19.6 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (7.6).
Asset Mix:
Comm re (40%), home mtgs (14%), cash (11%), home eq lns (5%), comm loans (3%), securities (2%), consumer loans (0%), other (25%)
States with Branches:
DC, 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
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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
5101 Wisconsin Avenue, NW
Washington, DC 20016
Washington, DC 20016
Phone Number
(202) 792-1600
Year Founded
2020
FDIC Number
Website
Largest Affiliates
No affiliate information available.