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). A current level of 20.9 percent of nonperforming loans to core capital combined with 9.3 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
Weak liquidity 1.3, driven by a liquidity ratio of 34.6 percent and a “hot money” ratio of 47.7 percent. Operating profits as a percentage of assets at 3.5%, coupled with a return on assets of 3.5 has resulted in Good (5.8) profitability.
Asset Mix:
Comm re (35%), cash (17%), comm loans (13%), securities (8%), home mtgs (8%), other (19%)
States with Branches:
AZ
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
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Address
16215 North 28th Avenue
Phoenix, AZ 85053
Phoenix, AZ 85053
Phone Number
(602) 805-5088
Year Founded
2022
FDIC Number
Website
Largest Affiliates
No affiliate information available.