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 (2.1 on a scale of 0 to 10). A current level of 17.2 percent of nonperforming loans to core capital combined with 32.8 percent from a year earlier contributes to the Weak asset quality (2.4).
Other Rating Factors:
Very Weak liquidity 0.7, driven by a liquidity ratio of 14.2 percent and a “hot money” ratio of 40.1 percent. Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.7 has resulted in Fair (3.7) profitability.
Asset Mix:
Comm re (24%), home mtgs (19%), comm loans (13%), securities (10%), consumer loans (8%), cash (6%), home eq lns (1%), other (18%)
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.