Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.7 on a scale of 0 to 10). A current level of 28.2 percent of nonperforming loans to core capital combined with 33.4 percent from a year earlier contributes to the Very Weak asset quality (0.9).
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.5 and a capital leverage ratio of 9.5. Operating profits as a percentage of assets at 2.9%, coupled with a return on assets of 2.2 has resulted in Excellent (7.4) profitability.
Asset Mix:
Comm re (24%), home mtgs (20%), comm loans (14%), securities (10%), consumer loans (9%), cash (3%), home eq lns (1%), other (20%)
States with Branches:
KY
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
Hazard Bancorp
Investment Rating
--
Address
524 Main Street
Hazard, KY 41701
Hazard, KY 41701
Phone Number
(866) 435-2161
Year Founded
1923
FDIC Number
Website
Largest Affiliates
No affiliate information available.