Major Rating Factors:
A current level of 26.6 percent of nonperforming loans to core capital combined with 18.3 percent from a year earlier contributes to the Weak asset quality (2.1). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Weak (1.5) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Securities (24%), home mtgs (17%), comm re (15%), comm loans (8%), consumer loans (8%), cash (3%), home eq lns (1%), other (25%)
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
Merchants and Farmers Bancshares, Inc.
Investment Rating
--
Address
302 Prairie Avenue
Eutaw, AL 35462
Eutaw, AL 35462
Phone Number
(205) 372-3311
Year Founded
1900
FDIC Number
Website
Largest Affiliates
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