Nova Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 1.6, driven by a liquidity ratio of 49.9 percent and a “hot money” ratio of 37.9 percent. A current level of 0.1 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.8).
Asset Mix:
Cash (19%), home mtgs (18%), comm re (12%), comm loans (11%), home eq lns (10%), securities (6%), consumer loans (0%), other (23%)
States with Branches:
AL
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
532 Madison Street SE
Huntsville, AL 35801
Huntsville, AL 35801
Phone Number
(256) 800-6682
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.