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 0.2%, coupled with a return on assets of 0.8 has resulted in Weak (1.6) profitability.
Other Rating Factors:
Very Weak liquidity 0.2, driven by a liquidity ratio of 18.6 percent and a “hot money” ratio of 36.2 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 (7.6).
Asset Mix:
Comm re (47%), home mtgs (15%), cash (12%), comm loans (8%), securities (3%), home eq lns (3%), other (12%)
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.