Genesis Bank
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). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Weak (2.0) profitability.
Other Rating Factors:
Weak liquidity 2.9, driven by a liquidity ratio of 38.8 percent and a “hot money” ratio of 33.2 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 (7.5).
Asset Mix:
Cash (35%), comm re (16%), home mtgs (3%), comm loans (2%), other (44%)
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
Investment Rating
--
Address
4675 MacArthur Court
Newport Beach, CA 92660
Newport Beach, CA 92660
Phone Number
(949) 273-1226
Year Founded
2021
FDIC Number
Website
Largest Affiliates
No affiliate information available.