Major Rating Factors:
An analysis of stability tests since inception including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0).
Other Rating Factors:
Weak liquidity 1.4, driven by a liquidity ratio of 35.7 percent and a “hot money” ratio of 34.0 percent. A current level of 5.4 percent of nonperforming loans to core capital combined with 5.7 percent from a year earlier contributes to the Good asset quality (6.0).
Asset Mix:
Comm re (38%), cash (24%), comm loans (24%), consumer loans (0%), other (14%)
States with Branches:
CA
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
Legacy Bancorp
Investment Rating
--
Address
41391 Kalmia Street
Murrieta, CA 92562
Murrieta, CA 92562
Phone Number
(951) 579-3177
Year Founded
2022
FDIC Number
Website
Largest Affiliates
No affiliate information available.