E
Waterfall Bank
Rating Date
April 2025
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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 0.4%, coupled with a return on assets of 0.3 has resulted in Weak (1.5) profitability.
Other Rating Factors: Very Weak liquidity 0.1, driven by a liquidity ratio of 11.2 percent and a “hot money” ratio of 21.6 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 (7.2).
Asset Mix: Comm re (48%), comm loans (15%), cash (6%), home mtgs (6%), securities (4%), home eq lns (3%), consumer loans (0%), other (18%)
States with Branches: FL
Asset Quality
Non-Performing Loans to Capital
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Corporate Info
Group Affiliation
Investment Rating
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Address
500 McLennan Street
Clearwater, FL 33756
Phone Number
(727) 472-3599
Year Founded
2021
FDIC Number
Largest Affiliates
No affiliate information available.