Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Fair (4.0) profitability.
Other Rating Factors:
Excellent current capitalization (9.2 on a scale of 0 to 10) and a capital leverage ratio of 10.5. A current level of 3.3 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Home mtgs (42%), comm re (15%), securities (14%), consumer loans (7%), comm loans (3%), cash (3%), home eq lns (1%), other (15%)
States with Branches:
VA, WV
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
Eastern Bancshares, Inc.
Investment Rating
--
Address
105 North High Street
Romney, WV 26757
Romney, WV 26757
Phone Number
(304) 822-8700
Year Founded
1910
FDIC Number
Website
Largest Affiliates
No affiliate information available.