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 0.1%, coupled with a return on assets of 0.1 has resulted in Very Weak (0.9) profitability.
Other Rating Factors:
Very Weak liquidity 0.2, driven by a liquidity ratio of 23.9 percent and a “hot money” ratio of 20.5 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 Good asset quality (7.0).
Asset Mix:
Comm re (31%), comm loans (19%), securities (3%), consumer loans (3%), cash (1%), other (42%)
States with Branches:
OH
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
800 East Long Street
Columbus, OH 43203
Columbus, OH 43203
Phone Number
(614) 362-5494
Year Founded
2023
FDIC Number
Website
Largest Affiliates
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