Evermore 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 0.1%, coupled with a return on assets of 0.1 has resulted in Weak (1.0) profitability.
Other Rating Factors:
Very Weak liquidity 0.2, driven by a liquidity ratio of 21.8 percent and a “hot money” ratio of 38.5 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 Excellent asset quality (7.6).
Asset Mix:
Comm re (47%), home mtgs (16%), cash (14%), comm loans (6%), securities (4%), home eq lns (2%), consumer loans (0%), other (11%)
States with Branches:
FL
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
3696 North Federal Highway
Fort Lauderdale, FL 33308
Fort Lauderdale, FL 33308
Phone Number
(954) 678-0100
Year Founded
2022
FDIC Number
Website
Largest Affiliates
No affiliate information available.